![]() Locally-based investors say there are "only a handful" of venture capital (VC) firms in the area, and that there is so little competition between them that funding offers for start-ups are able to remain fairly low. "Some of the business ideas were neat, but were neither able to address key business risks nor financial investment highlights to make it attractive for funders," he said. The CEO described these as "limited funding resources, limited visionaries to think about global impact solutions or scaleability of their respective businesses, and general lack of polishing when presenting to the investor community." ![]() However, he said, the UAE scene has three primary issues holding it back. ![]() "The entrepreneurial spirit and energy is certainly there with young and old budding entrepreneurs," Adnan Haider, chief executive of Regal Group AG, the first company in the Middle East to receive a crypto trading license, told CNBC. While the show is an effort to spotlight the UAE's young and promising entrepreneurs, they still face high barriers compared to some of their counterparts elsewhere in the world, local investors say. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
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