The Middle East is generally known as a car-dependent region owing to its harsh climate and cheap energy cost. However, things have changed dramatically in the last decade as cities have put digitalization and improvement of public transport on their agendas. There is a competitive spirit among countries in the Middle East region as countries are investing heavily in public transport infrastructure and innovation. The new investment in the rail network, metro system, electric buses, etc. will create more opportunities for people to do things. Further, the startup ecosystem is booming in the Middle East as Dubai is emerging as the favorite destination for crypto and Web3 Startups. Similarly, Riyadh is attracting innovative startups as a regional hub.

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