For new start-ups in 2022, the Middle East and North Africa (MENA) area is proving to be a popular option. In June 2022, startups in the MENA region collected an astounding $323.7 million across 66 deals where US investors were the most active foreign investors.

33 Italian Startups are participating at North Star Dubai, one of the GITEX 3.0 events dedicated to the innovative entrepreneur ecosystem, that kicked off at the Dubai World Trade Centre. With over 14,600 startups registered as of July 2022

GITEX, the region’s largest technology event, attracts several global technology giants to showcase the latest products and trends in the tech world, paving the way for the year 2023. Technology professionals, entrepreneurs, start-ups, students, and members of the general public interested in technology are all actively participating in these 5-day technology heat-ups.

Microsoft announced that it will collaborate with Majid Al Futtaim to empower regional startups and SMEs through the Dubai-based retail giant’s Launchpad Program, as part of its ongoing commitment to supporting entrepreneurs.

GrowthX Accelerator, which is part of bigger strategic relationship between ADIO and Microsoft, aims to bridge the gap between corporates and B2B entrepreneurs in the Middle East and Africa by linking startups with large enterprises.