Thoughts

June 2, 2014

Titans of tech gather in Dubai for Arabnet Digital Summit

Bitcoin, e-retailing and greater funding for tech start-ups are on the agenda at the region’s biggest digital conference, kicking off in Dubai on Tuesday.

The Arabnet Digital Summit will involve the region’s leading tech venture capitalists and investors including Mona DeFrawi of IPOQuest Partners, Dany Farha of Beco Capital and Khaldoon Tabaza, the founder of Zad Capital gathering to discuss some of the leading issues facing the sector, including how to close the funding gap for start-ups.

Success stories such as the e-commerce site souq.com, which in March raised US$75 million in its latest round of funding, have encouraged investment in start-ups, which in turn has made it slightly easier for those seeking investment.

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