saudi arabia Archives - Startup Economist

Why Riyadh and Saudi Arabia Are Rapidly Becoming a Global Startup Powerhouse

Wednesday, 17 December 2025 by Paul O'Brien

Riyadh didn’t become a startup ecosystem overnight. It’s rooted in a long history of adaptation and reinvention; a story about shifting from desert trade routes and tribal politics to oil wealth and now trying to crack the code on innovation-led diversification. To understand why Saudi Arabia, and Riyadh startups in particular, is increasingly attractive to

Published in Regional Development

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Saudi Arabia’s Public Investment Fund’s Domestic Focus: Implications for Startups

Monday, 11 November 2024 by Paul O'Brien

Monday Ventures: Weekly What’s Shaping the Startup Economy On November 5, 2024, Reuters reported that Saudi Arabia’s Public Investment Fund (PIF), valued at $950 billion, is increasingly concentrating on domestic investments as part of the nation’s Vision 2030 economic diversification strategy. This shift has significant implications for the startup ecosystem within the country. PIF’s Domestic

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Published in Monday Ventures

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