The Mena ecosystem has come a long way, and there are still challenges ahead

The biggest exit of a MENA tech startup to date.

In his oped on Wamda, Executive Chairman Fadi Ghandour shares his thoughts on what Careem's acquisition means for investors, companies and talent alike, as well as what remains to be done to spur further innovation in Mena.

"This sale to Uber proves that the region can have a unicorn that maintains and increases its value. It also says that when you scale and prove that you can compete, you will be able to attract global investors whether strategic or any other kinds of investors. Uber in this case, General Atlantic in the case of Property Finder.

This means that..." Read full oped in full on Wamda.