A 'ton of money' is set to enter the region’s tech start-up scene, according to the ArabNet founder.
The Middle East’s thriving technology start-up scene is set to attract a flood of venture capital according to the founder of ArabNet.
But an underdeveloped funding landscape is creating problems for Middle East tech firms, leading some investors and start-ups to seek alternatives to the venture capital model.
“A ton of money” is set to enter the region’s tech start-up scene, according to Omar Christidis, the Lebanese, Yale-educated founder of the company, which runs tech conferences around the Middle East.