RIYADH — Saudi Arabia’s tech startup ecosystem may be nascent, but is rapidly evolving to support economic growth, a new report by Wamda, in collaboration with OC&C Strategy Consultants, shared at the Riyadh edition of Wamda’s flagship Mix N’ Mentor event held recently at the Hyatt Regency Riyad - Olaya.

Commissioned by Google and titled “Tech Entrepreneurship Ecosystem in the Kingdom of Saudi Arabia”, the report highlights the state of the entrepreneurial ecosystem and the challenges and opportunities facing startups in the Kingdom of Saudi Arabia. The event brought together entrepreneurs, industry experts, investors, among others to focus on issues relevant to the Saudi startup ecosystem.

Participants at the event included Selim Eddé, Head of Public Policy MENA, Google; Nejoud Al Mulaik, Director at Fintech Saudi; and Salman Al-Suhaibaney, Founder and CEO at Morni.