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LinkedIn names these UAE companies as top startups for 2024

The emergence of these startups is not only indicative of individual success but also highlights the broader trends shaping the UAE’s economic environment

by Gulf Business

September 25, 2024

Linkedin reveals top UAE startups for 2024 GettyImages-186125041

Image: Getty Images

LinkedIn has released its annual Top Startups List for 2024, spotlighting 10 UAE companies that have demonstrated significant growth over the past year.

This year’s list reflects the UAE’s robust economic landscape, characterised by rising property prices and sustained population growth.

The startups selected for the list are capitalising on key economic trends to drive their expansion across the Emirates. They include:

1. Astra Tech
2. Qashio
3. Grubtech
4. PRYPCO
5. The Giving Movement
6. GluCare.Health
7. Huspy
8. CAFU
9. Stake
10. Qlub

Key highlights of the 2024 Top Startups List

Companies like PRYPCO (#4) and Stake (#9) are tapping into the booming property market, bringing innovation to real estate. Huspy (#7) also marks its debut in this category.

CAFU (#8), which provides on-demand fuel delivery, and Qlub (#10), a payment solution for dining, highlight the demand for convenience apps in the region. CAFU makes its third appearance on the list, underscoring its ongoing relevance.

Astra Tech (#1) and Qashio (#2) are simplifying payments for consumers and businesses, showcasing their significance in the UAE’s evolving economic landscape.

Qualifying criteria for LinkedIn’s listing

LinkedIn’s Top Startups list is compiled based on an analysis of billions of interactions from its over one billion members. It evaluates companies across four key metrics: employment growth, engagement with the company, job interest, and the ability to attract top talent.

To qualify for the startups list, companies have to be independent, privately held, and headquartered in the UAE, with at least 30 full-time employees and an age limit of seven years. Companies facing significant layoffs are excluded from consideration.

The emergence of these startups is not only indicative of individual company success but also highlights the broader trends shaping the UAE’s economic environment, as they continue to attract interest from job seekers and top talent in the region.