Plunge in venture capital funding threatens prospects for Gulf startups

Economic uncertainty has many looking to high-wattage events like the Future Investment Initiative in Riyadh and the Cop28 climate conference to stoke investor interest

ABU DHABI, United Arab Emirates – Philip Bahoshy has spent more time than usual in the last few weeks trying to calm Gulf investors, startup founders and government ministers who are alarmed by the slowdown in venture capital funding....

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