...

The MENA Startup Ecosystem - Statistics and Trends

With the number of start ups growing in MENA, the ecosystem for entrepreneurs in MENA is improving. Today, more than 64% of working-age respondents in MENA region want to startย  their own business than be employed whereas 70% of respondents took their first steps to establish their own business in last 5 years. Check out our infographic "The MENA Startup Ecosystem" for latest statistics and trends.

The MENA Startup Ecosystem

Infographic by GO-Globe Web Design Company

To Publish this Image on your Blog or Website . Copy this code

Rankings of MENA countries in Global Entrepreneurship Index 2016

ย  Country Rankings
ย  ย 
UAE 19
Qatar 24
Saudi Arabia 36
Lebanon 50
Morocco 78
Egypt 89

ย 

Top reasons to start business

ย  Reasons %age
More Income 34%
Greater independence 31%
Better work-life balance 28%
Control my career path 26%
Got the right opportunity 25%
To do what I love 25%
Could not find a job 19%
Choose when to work 9%

ย 

ย 

Major concerns of starting own business

ย 

ย  Concerns %age
Procuring finances to start 65%
Hiring the wrong people 37%
Uncertainty of profit/income 37%
Making a loss 36%
Need to establish the right contacts 35%
Need to put lot of time and energy 31%
Business idea not being accepted 26%
Finding the correct insurance cover 17%
Failure to comply with legislation 14%
Others 2%

ย 

Countries by ease of setting up own business

Country Extremely Easy Easy Neither Easy nor Difficult Somewhat difficult Extremely Difficult
Algeria 5% 6% 29% 36% 23%
Bahrain 3% 8% 30% 38% 20%
Egypt 3% 7% 27% 46% 16%
Jordan 2% 8% 29% 43% 17%
Kuwait 9% 8% 29% 35% 19%
Lebanon 1% 5% 22% 44% 27%
Morocco 5% 7% 38% 34% 17%
Oman 11% 12% 32% 38% 7%
Qatar 5% 8% 29% 42% 17%
Saudi Arabia 6% 11% 32% 35% 16%
UAE 6% 11% 34% 34% 14%

ย 

MENA countries where Entrepreneurs Want to Scale

ย Country Want to Scale
KSA 32%
UAE 28%
Qatar 16%
Egypt 10%
Lebanon 9%
Kuwait 8%
Jordan 5%
Bahrain 4%
Oman 4%
Iraq 4%

ย 

ๅšๅฎขๅˆไฝœไผ™ไผด

ยฉ 2005 - 2023 GO-Globe โ„ข | CUSTOM DEVELOPMENT. All rights reserved.
This site is protected by reCAPTCHA and the Google
Int'l. Web Design
Int'l. Logo Design
Int'l. SEO
Int'l. Ecommerce