“Saudi Arabia is one of the fastest growing ecosystems in the region. With the government clearly identifying innovation and entrepreneurship as one of their key focuses in line with Vision 2030, many new initiatives have been launched in 2018 and 2019. Usually, these initiatives take time to come to fruition, but we have already seen their impact on the ecosystem in the country and Mena region,”
–Philip Bahoshy, CEO of UAE-based data platform Magniit, discussing his company’s “2019 Saudi Arabia Venture Capital Snapshot” report. [wamda.com]
