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Bahrain Achieves 13% Growth in Startup Ecosystem Value in 2024

As Bahrain achieves new heights, its startup ecosystem has grown by 13% this year, reaching a value of $1.2 billion. This milestone, reported in the 2025 Global Startup Ecosystem Report (GSER), reflects Bahrain’s strong performance in multiple areas. The report, launched during VivaTech in Paris, highlights Bahrain’s rise in key areas like funding, performance, and knowledge.

Bahrain has become one of the top 10 startup ecosystems in the MENA region. It ranks high in funding, which measures early-stage investments and investor activity. Moreover, the Kingdom also stands out for its performance, which tracks the value generated from investments and exits. Additionally, Bahrain is one of the top 15 ecosystems for knowledge, underscoring the progress it has made in fostering a vibrant entrepreneurial environment.

This success is attributed to the efforts of Tamkeen, which has worked alongside Startup Genome and the Global Entrepreneurship Network (GEN) for years. They have closely monitored Bahrain’s startup ecosystem, ensuring it is aligned with global standards. By identifying challenges and opportunities, they have helped shape strategies that fuel entrepreneurial growth.

Alia Alali, Chief Strategy and Data Analytics Officer at Tamkeen, praised Bahrain’s connected entrepreneurial ecosystem. She highlighted the Kingdom’s strong infrastructure, skilled workforce, and innovative mindset. These factors play a crucial role in supporting startups and driving economic growth.

Samantha Evans, Regional Director for the MENA region at Startup Genome, echoed these sentiments. She also pointed out that Bahrain’s strategic focus on sectors like AI, fintech, and cybersecurity contributes to its success. The Kingdom offers an effective launchpad for startups, making it a competitive player in the region.

The 2025 GSER report also highlights Bahrain’s strengths, including its access to GCC and MENA markets, low operating costs, and favorable policies for small businesses. By promoting sectors like fintech and AI, the Kingdom ensures the continued success of its startup ecosystem.

As a result of these efforts, Bahrain is on track to achieve long-term growth, with more than 130 startup events planned by 2024. These initiatives, along with a thriving network of business incubators, will continue to support and expand the entrepreneurial ecosystem.

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