Startup Culture in the Middle East: Rise of Riyadh and Dubai
🚀 Startup Culture in the Middle East: The Rise of Riyadh and Dubai Published by WEBDYNASTY | Innovation, Economy & MENA Trends The Middle East, long known for its oil wealth and real estate marvels, is now writing a new chapter — a startup revolution led by Riyadh and Dubai . In 2025, both cities have emerged as powerful regional hubs for entrepreneurship, fintech, clean tech, and digital services. What was once an oil-based economy is now rapidly transitioning into innovation economies , backed by bold governments, global investors, and an ambitious youth. So, is the hype real? Let’s dive into how these two cities are redefining the startup map of the Middle East. 🏙️ Riyadh: From Oil Capital to Innovation Capital Saudi Arabia’s capital city is undergoing a generational transformation , driven by the government’s Vision 2030 reform plan. 🔑 What’s Driving the Shift? $1.2 billion Startup Fund by Saudi Venture Capital Company (SVC) Government-backed ac...