Entrepreneurship in the Arab World: A Pathway to Inclusive Prosperity

The "Entrepreneurship in the Arab World: A Pathway to Inclusive Prosperity" report is a policy brief published by the Friedrich Naumann Foundation for Freedom in September 2024. This document examines the critical role of entrepreneurship in driving economic growth and prosperity across the Arab region. The report highlights the historical entrepreneurial roots of the Arab world while acknowledging contemporary challenges such as government-controlled economies, limited access to capital, corruption, and bureaucratic obstacles. It emphasizes the region's untapped potential, particularly its young and educated population, as a key asset for entrepreneurial development. The brief outlines several key areas for improvement, including addressing crony capitalism, reforming regulations, enhancing access to finance, shifting cultural perceptions, and promoting skill development. By proposing targeted policy reforms, the report aims to unlock the entrepreneurial capabilities of Arab youth, foster economic diversification, create jobs, and enhance the region's global competitiveness, ultimately paving the way for sustainable and inclusive economic growth.