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How ‘fear of failure’ is holding back Gulf entrepreneurs

The growth of entrepreneurship in the Gulf region is held back by the fear of taking risks and possible failure, said panelists at the Top CEO Conference.

Encouraging small and medium-sized enterprises (SMEs), entrepreneurship and startups entails “a cultural shift” in a society that is not as accepting of failure compared to some other markets, said Iyad Malas, founding partner of the private…