The United Arab Emirates ranked first as the best environment incubator for emerging companies in the Gulf and Arab and 43 globally, followed by the Kingdom of Bahrain to occupy the second position in the Gulf and 75 globally, within the report of the best countries incubating startups, issued by "Startup Blink" entitled " Startup Ecosystem Rankings Report 2020", as it seeks to unveil innovation trends for startups in 100 countries and 1,000 cities around the world.
According to "Startup Blink", the incubating environments for startups are considered essential to create job opportunities, boost the economy, raise tax revenues, improve quality of life, develop innovation, attract and retain talent. For entrepreneurs, the right place to start their startups will give them a greater chance to succeed. Noting that it is important to monitor the level of work environment performance for emerging companies, as companies use these rankings to enhance decision-making about future expansion, while universities and consulting agencies use them for research purposes.
Source (Al-Khaleej Newspaper-UAE, Edited)
