From fields to clouds: the Middle East's bid for the digital economy
In recent years, the Middle East has made efforts to capitalize on the massive long-term upside of the digital economy. This new Pro Trend Report takes a deep dive into those efforts and if they'll pay off.
April 2023 Al-Monitor PRO Trend Report
3540 words
Introduction
Glimpses of the frenetic activity of the tech industry in the Middle East are becoming all the more common as countries in the region move forward with their plans to foster the development of their digital economies.
Egyptian super-app MNT-Halan, which provides everything from fintech to delivery and ride-hailing services, announced in February that it was on course to becoming the latest unicorn in the Middle East as it approached a valuation of over $1 billion.