Jason @ 01:30:27Inconclusive
ventureeconomy
Within roughly 10 years of October 2023 (by around 2033), the Middle East region (including Saudi Arabia, UAE, Qatar, Egypt, Jordan, etc.) will become the world’s second‑largest region for venture capital activity (e.g., capital deployed or ecosystem size), behind only the United States.
I will say this is going to be the number two region in venture capital, and it's going to be that in ten years, because I met with a lot of the family offices, and the family offices here are extraordinary.View on YouTube
Explanation
The prediction’s time horizon is about 10 years from October 2023 (i.e., until roughly 2033). As of today (November 30, 2025), fewer than 10 years have elapsed, so it’s too early to determine whether the Middle East will become the world’s second‑largest VC region by that date.
Available data today show that:
- The U.S. remains the largest venture capital market by a wide margin.
- Other major regions—especially China and Europe—still account for substantially larger VC investment than the Middle East/North Africa (MENA), though MENA (particularly Saudi Arabia and the UAE) is growing quickly in terms of startup funding, sovereign wealth capital, and new funds.
However, current rankings don’t settle a 2033 outcome. Rapid policy changes, sovereign‑wealth‑fund deployment, and regional development initiatives could significantly change VC geography over the remainder of the decade, and those future dynamics cannot be reliably inferred now.
Because the specified deadline has not yet arrived, the correctness of the prediction cannot yet be judged and must be marked as inconclusive (too early).