The Entrepreneur’s Wishlist (Part One): Changes We’d Like To See In The MENA Startup Ecosystem

We asked entrepreneurs and investors on the key factors they’d like to see changed in the MENA ecosystem.

Entrepreneur ME

You're reading Entrepreneur Middle East, an international franchise of Entrepreneur Media.

At this year’s edition of STEP Conference, which gathered startup founders, investors and mentors from across the MENA startup ecosystem for the seventh time, Entrepreneur asked some of them about the key factors they’d like to see changed.

“The biggest change I’d like to see is more faith in the stories that we are building,” says Walid Mansour, Partner and Chief Investment Officer of MEVP. “It’s because we have a very valuable region, a big market, and lots of demand for technology companies. These companies have to believe in and build for this region which means [that their] solutions should fit this region and their teams should understand how to scale and how to build amazing companies.”

In addition, Lee McMahon, co-founder and Principal of Support Legal, Vijay Tirathrai, Managing Director of Techstars, Fares Ghandour, Partner at Wamda, and Rana El Sakhawy, founder of Monkibox, all shared their thoughts- check out the video to hear their insights!

Related: Mumzworld’s Mona Ataya On Overcoming Self-Doubt And Building A Successful Enterprise

At this year’s edition of STEP Conference, which gathered startup founders, investors and mentors from across the MENA startup ecosystem for the seventh time, Entrepreneur asked some of them about the key factors they’d like to see changed.

“The biggest change I’d like to see is more faith in the stories that we are building,” says Walid Mansour, Partner and Chief Investment Officer of MEVP. “It’s because we have a very valuable region, a big market, and lots of demand for technology companies. These companies have to believe in and build for this region which means [that their] solutions should fit this region and their teams should understand how to scale and how to build amazing companies.”

In addition, Lee McMahon, co-founder and Principal of Support Legal, Vijay Tirathrai, Managing Director of Techstars, Fares Ghandour, Partner at Wamda, and Rana El Sakhawy, founder of Monkibox, all shared their thoughts- check out the video to hear their insights!

Related: Mumzworld’s Mona Ataya On Overcoming Self-Doubt And Building A Successful Enterprise

Related Content

Finance

AKI Partners with the World Economic Forum to Champion Future-Ready Economies

AKI has announced its official partnership with the World Economic Forum, marking a strategic step in the Emirati group’s commitment to global collaboration, responsible private-sector leadership, and the development of future-ready economies. The partnership positions AKI at the center of international dialogue on sustainable growth, innovation, and long-term economic impact.
Business News

BEYOND Developments Unveils EVERMORE Masterplan on Marjan Beach

BEYOND Developments unveiled EVERMORE, its first fully masterplanned destination on Marjan Beach in Ras Al Khaimah.  Representing the opening chapter of BEYOND’s 2026 growth strategy, EVERMORE signals a bold expansion beyond Dubai.  Mahdi Amjad, founder and Executive Chairman of BEYOND Developments, said, “Ras Al Khaimah is witnessing a new phase of development, underpinned by disciplined […]
Business News

Amazon UAE and American University in Dubai Launch MicroMaster in Entrepreneurship and Innovation

Amazon UAE and the American University in Dubai (AUD) have launched the MicroMaster Program in Entrepreneurship and Innovation, bringing Amazon’s innovation expertise directly into the classroom. Set to begin in May 2026, the MicroMaster comprises of three graduate-level courses: Innovation and Entrepreneurship, which explores how organizations generate and sustain innovation across multiple functions and stages […]