Dubai hosted the 10th anniversary edition of Expand North Star, part of GITEX GLOBAL, attracting over 2,000 startups and 1,200 investors from 180 countries, cementing its status as the world’s largest startup and investor gathering.
Running from 12th to 15th October at Dubai World Trade Centre, the four-day event spotlighted Brazil as the official Country Partner, alongside debut appearances from Ecuador and Chile. Participants explored opportunities in AI, medical technology, and emerging digital markets amid a global venture capital landscape projected at US$368 billion in 2024.
Tatiana Riera, Chief Operating Officer at the Dubai Office of ApexBrasil, said the UAE plays a key role in connecting global innovation ecosystems, with Brazil, home to more than 20,000 startups, aiming to “co-create the future” through partnerships in Dubai.
Ecuador showcased 20 startups and 22 companies, with Ambassador Felipe Ribadeneira announcing plans to sign a memorandum during the World Government Summit to establish a technology logistics corridor. Chile participated with 12 companies and hosted the Chile-Dubai Innovation Summit to boost cooperation in technology and export diversification.
Investors managing US$1.1 trillion in assets attended, highlighting the event’s global economic significance. Dr. Jorg Goschin, CEO of KFW Capital, described Dubai’s technology ecosystem and investment appetite as a “natural partner” for European innovation.
On opening day, DWTC signed partnerships with Presight, 28 Digital, ApexBrasil, and the Chamber of Commerce and Industry of Serbia to promote cross-border collaboration. Expand North Star initiatives also support Dubai’s target of creating 30,000 jobs by 2030 and producing at least 10 unicorns by 2031, reinforcing the city’s position as a global hub for entrepreneurship and investment.
News Source: Emirates News Agency
