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Interesting that the countries with the most startups (USA, Israel, some in Europe, etc) aren't that highly ranked compared to surprises like Saudi Arabia. I re
by kloncks 16y ago
Interesting that the countries with the most startups (USA, Israel, some in Europe, etc) aren't that highly ranked compared to surprises like Saudi Arabia. I really didn't expect Israel to be so low and Saudi Arabia so high.
Anyone know why?
- metamemetics 16y agoWhile the majority of Saudi's economy is not private sector, they have recently been trying to rapidly grow it with pro-business incentives. Basically the government realized oil is 55% of their GDP and needed to diversify their portfolio.
- zalew 16y agoDoes it not only concern natives? Doing business as a native in countries of the Gulf is far more different than doing it as a foreigner (see how to set up a business in Dubai, UAE). UAE is also high in the ranks, still for me, as I researched, starting up there seemed more complicated and expensive than here in Poland (low in the ranks), except taxes (a PITA around here).