From fields to clouds: the Middle East's bid for the digital economy
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.
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