FARES GHANDOUR I PART­NER I WAMDA CAP­I­TAL AB­DU­LAZIZ AL LOUGHANI I MAN­AG­ING PART­NER I FAITH CAPTIAL HANI ENAYA I HEAD OF IN­VEST­MENTS I RIYAD TAQNIA OMAR SATI I MAN­AG­ING DI­REC­TOR I DASH VEN­TURES JASSIM ALHAROON I MAN­AG­ING PART­NER I RAED VEN­TURES

Cross bor­der scal­a­bil­ity, red tape when en­ter­ing new mar­kets, and ac­cess to tal­ent re­main to be the over­ar­ch­ing chal­lenges for star­tups in the re­gion. Liq­uid­ity will come with scale, and it will come from by way of ex­its to PE firms or large cor­po­rates, b

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Le­gal and reg­u­la­tory in­fra­struc­ture is as equally cru­cial for the de­vel­op­ment of the in­dus­try as bridg­ing the fi­nanc­ing gap. Rel­e­vant as­pects that are still chal­leng­ing in­volve tax­a­tion, li­cens­ing, in­tel­lec­tual prop­erty and com­mer­cial leg­is­la­tion. That said, it’s worth men­tion­ing the le­gal and reg­u­la­tory eas­ing un­der­taken in the UAE through DSFA and ADGM in ad­di­tion to the build­ing blocks the Cen­tral Bank in Jor­dan has been es­tab­lish­ing to mod­ern­ize bank­ruptcy and in­sol­vency bench­marks for Fin­tech com­pa­nies. Though the num­ber of ac­cel­er­a­tors and VC’S have in­creased over the past few years in the MENA ecosys­tem, there still lacks a fo­cus on en­tre­pre­neur­ial ed­u­ca­tion at a grass roots stage. In the U.S specif­i­cally, stu­dents are taught in high school and univer­sity to try, fail, and try again as a means of learn­ing. How­ever, in our part of the world, there is still a large stigma around fail­ure.

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