Web3 in the Middle East: Do All Roads Lead to Riyadh?

U.K.-based Outlier Ventures recently announced it is launching its own Web3 accelerator program in partnership with Saudi’s National Technology Development Program (NPDP). “The level of dedication, education, and international experience of the highly skilled workforce, as well as the people coming to the Kingdom, is very interesting to see,” said Outlier Ventures CEO Stephan Apel.

“While the Web3 ecosystem in the Kingdom is still developing, we observe an extraordinarily fast rate of development and a huge potential,” Apel told CoinDesk.

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