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Milken Institute9 min

Christopher Schroeder on Entrepreneurship in the Middle East

Christopher Schroeder, Chris Schroeder

Conference Presentation, Keynote

Chris Schroeder, author of *Startup Rising*, challenges the perception of the Middle East as a monolithic risk by highlighting a demographic revolution where 11 nations now produce more female university graduates than male, driving a surge in smartphone adoption and digital literacy. Major tech corporations like Google and Microsoft are rapidly expanding operations alongside a vibrant grassroots ecosystem, evidenced by young Yemeni women innovating solar solutions via open web resources and the region's mobile provider achieving a $5 billion market cap. This transformation is underpinned by urgent infrastructure demands, including a projected need for one million new homes in Saudi Arabia and a doubling of hospital beds, signaling a robust commercial future that transcends traditional geopolitical narratives.