For the first time this year, the World Economic Forum and the International Finance Corporation have partnered to bring together 100 Arab world startups, which are shaping the future in the context of the Fourth Industrial Revolution (4IR).
These 4IRStartups were selected in collaboration with the region’s leading authorities on the entrepreneurship ecosystem, including Wamda, Flat6Labs, Kawar Investments and Leap Ventures.
Together, these bright spots are enabling a generational transformation in the Middle East and North Africa.
"It’s refreshing to hear the stories of entrepreneurs in the Middle East and North Africa who are talking about hope, opportunities, and creating jobs for young people.
The region needs peace and security. It also needs a vibrant private sector – with dynamic entrepreneurs leading the way – to help create inclusive and sustainable growth."
Philippe Le Houérou, IFC Chief Executive Officer
“You can see the impact and ingenuity of Arab start-ups everywhere in the Arab world.
We see impressive momentum and – with sovereign wealth funds and traditional family businesses – the emergence of a whole new type of venture capitalist. For me, this is the biggest underreported story in the region”
Mirek Dusek, Head of Middle East and North Africa of the World Economic Forum