Kuwait is the 5th Gulf State as the “Best Supportive Environment for Startups”

  • Kuwait, State of Kuwait
  • 23 June 2020

The State of Kuwait ranked 92 globally and fifth in the Gulf in the list of the best 100 countries in the world in terms of the availability of a suitable environment for emerging projects "Start-up", issued by the "startupBlink" Swiss platform.

According to the classification, the United Arab Emirates topped the list of Gulf countries after ranking 43 globally, followed by Bahrain in the 75th place, Qatar in 84th, then Saudi Arabia, which ranked in the 88th globally.

On the other hand, the United States of America topped the world rankings as the best country to embrace startups, followed by the United Kingdom, Canada, Germany, the Netherlands and Australia, in addition to Switzerland, Spain, Sweden and Estonia.

The platform depends on the countries' evaluation in the classification according to measuring a number of factors, including the business environment and the number of emerging projects, in addition to the quality of the products offered by these projects. During this year's ranking, the platform collected answers to more than 50,000 participants working in this sector.

Source (Al-Raya Newspaper-Kuwait, Edited)

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