Sharjah and Manama are among the 5 best environments for startup companies globally


direct: Sharjah in the United Arab Emirates and the Bahraini capital, Manama, ranked among the 5 best environments for startups, according to the Global Report on the Environment of StartupsGSER / 2020 Recently published by the Start up Genome Foundation.

The report, published today, Sunday, under the title “The new state of the global economy for startups and the impact of the current crisis” explained progress in the development of the entrepreneurial environment during the past year and how countries responded to the crisis.

According to the report, Sharjah and Cairo were ranked as one of the top five and Dubai was ranked among the top 20 emerging environment.

The report ranked Manama, the capital of the Kingdom of Bahrain, as one of the highest-growing in the stage of activating start-up businesses – for the category of countries that contain less than 1,000 active startups, and the report also found a significant improvement in financing startups in Bahrain, where it ranked in ninth place, with an improvement of 8 places for the year The past, at the level of Africa and the Middle East region to finance startups in the early stages.


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