UAE emerges top choice for local angel investors

30 March 2019 9:10 AM GMT

More than 50 per cent of local angel investors are prioritising the UAE over other global markets, said a report, thus highlighting the attractiveness of the region for startups. For investors, FinTech startups were their most significant priority.

Around 55 per cent of local angel investors are prioritizing the UAE over other global markets according to the latest research from startAD, the Abu Dhabi-based global accelerator anchored at NYU Abu Dhabi and powered by Tamkeen.
The research profiled the typical angel investor in the UAE, whose average age is 42, which demonstrates that the emirates has a significantly younger angel investment circle compared to other nations, such as the US (58), the UK (57), and France (60+).
These findings reveal the importance of the UAE for angel investors globally and demonstrates the attractiveness of the region for startups.
For investors, FinTech startups were their most significant priority, receiving 29 per cent of investments, it stated.

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