The UAE has become a hub for startups to set up their businesses.

The STEP Conference launched its 9th edition under the theme of ‘The World in Dubai’ on Tuesday in partnership with Dubai Internet City (DIC) and the Department of Tourism and Commerce Marketing (Dubai Tourism). STEP 2020 is expecting to attract over 8,000 international attendees, 300 showcasing startups, and influential tech leaders and speakers discussing the latest topics and trends across key industries.

Step’s first day witnessed Wamda launching State of Pre-Seed Startups in Mena Report in collaboration with STEP Conference 2020. The report features findings based on data from 627 startup founders who applied to the Wamda X fellowship programme and includes research supplemented by STEP.

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Our CEO @raydargham opening #STEP2020 in style 😎

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Ray Dargham, CEO of STEP said: “We are delighted to be launching this report issued by Wamda at STEP Conference. For the first time in the ecosystem, we look closer at the initial state when a startup is founded. The findings generated from the report are a testimony of the great achievements the region has been undergoing in graduating business ideas and creative companies