Middle East unicorns to surge to 250 by 2030

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Middle East and North Africa (MENA) region is quickly emerging as the new fertile ground for a startup explosion, with the region expected to see as many as 100 unicorns and 250 soonicorns by 2030.

According to RedSeer Strategy Consultants, a global digital consultancy, the region is also expected to see over 30 digital ventures go public via the initial public offering (IPO) route during the period. Among the likely candidates for IPOs in the coming years are Apparel’s 6thStreet, Landmark Group’s centrepoint, al tayer’s OUNASS, Mashreq’s mashreq neo, and STC’s stcpay.

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Middle East unicorns to surge to 250 by 2030

Middle East and North Africa (MENA) region is quickly emerging as the new fertile ground for a startup explosion, with the region expected to see as many as 100 unicorns and 250 soonicorns by 2030.

According to RedSeer Strategy Consultants, a global digital consultancy, the region is also expected to see over 30 digital ventures go public via the initial public offering (IPO) route during the period. Among the likely candidates for IPOs in the coming years are Apparel’s 6thStreet, Landmark Group’s centrepoint, al tayer’s OUNASS, Mashreq’s mashreq neo, and STC’s stcpay.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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