The UAE continues to strengthen its position as a regional startup hub, with $86.7m raised across 14 deals in May. This figure accounted for a major share of the $289m secured across the MENA region during the month which was a 25% increase from April.
The surge reflects growing investor confidence and the UAE’s supportive ecosystem for entrepreneurship. Government-led initiatives and funding vehicles, such as the Dubai Future District Fund (DFDF), have played a key role. DFDF reported $1.65bn in capital commitments last year, backing more than 190 startups.
The latest figures highlight the UAE’s continued push to attract innovation-driven enterprises and build a globally competitive startup landscape.
Gulf Economist Staff Writer