Revealed: 10 Fastest Growing Startups in UAE This Year – News

Astra Tech, Qashio and Grubtech were named as top startups in the UAE that saw significant hiring growth, strong candidate interest and the ability to attract top talent.

According to LinkedIn’s annual Top Startups List for 2024, the top 10 also includes Prypco, The Giving Movement, GluCare.Health, Huspy, Cafu, Stake, and Qlub.

The list is based on the measurement and analysis of indicators covering four pillars: employment growth, commitment to the company and its current employees, interest in work and attracting the best talent.

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Dubai, Abu Dhabi and Sharjah are among the top ten startup ecosystems in the Middle East and North Africa region, according to the Global Startup Ecosystem Report (GSER) 2024.

Top-rated startups include Astra Tech, a consumer technology company; Qashio, which helps manage expenses; and Grubtech, which offers solutions for restaurants and food businesses.

Dubai scores 10 out of 10 in funding, measuring innovation through early-stage funding and investor activity. It has five unicorns, one of 19 emerging ecosystems with four or more unicorns in the past 10 years.

“This year’s list highlights startups that are leveraging the UAE’s continued economic and population expansion to provide services and platforms that consumers and businesses value. The startups on this list have demonstrated growth in hiring, strong candidate interest, and are attracting top talent to the UAE,” said Nabila Rahal, editor of Mena News at LinkedIn.

It included companies that were fully independent, privately held, had 30 or more full-time employees, were 7 years old or less, and were based in the country. It excluded all recruiting firms, think tanks, venture capital firms, law firms, management and IT consulting firms, nonprofits and philanthropies, accelerators, and government-owned entities.