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STEP DUBAI returns to Dubai Internet City · Feb 11-12, 2026 STEP SF lands in San Francisco · Aug 26-27, 2026 8,000+ attendees at the 2024 flagship edition Startups on Step stages have raised billions in funding Founder Ray Dargham · Forbes 30 Under 30 STEP DUBAI returns to Dubai Internet City · Feb 11-12, 2026 STEP SF lands in San Francisco · Aug 26-27, 2026 8,000+ attendees at the 2024 flagship edition Startups on Step stages have raised billions in funding Founder Ray Dargham · Forbes 30 Under 30
Company Profile · Events & New Media

Step.

The catalyst of startup ecosystems - from a Dubai meetup to the people building the AI economy.

2011
Founded
8,000+
Attendees '24
~82
Team
3
Continents' Editions
Step logo

STEP — the primary wordmark of the Dubai-born tech festival.
Photographed as a company profile portrait, Vincent Musi style: the brand, plainly lit, no theatrics.

What Step does

A festival that behaves like infrastructure

Step is a new-media and events company built around one of the largest technology festivals in the Middle East and North Africa. It is best known for Step Conference, the annual gathering that fills Dubai Internet City with founders, investors, corporates and the tech-curious. But the event is only the visible tip. Around it sits a year-round operation of newsletters, social platforms, podcasts and an investor-matchmaking layer.

The company describes its purpose plainly: to be the catalyst of startup ecosystems by connecting their most passionate and valuable stakeholders. In practice that means engineering introductions - between a founder who needs capital and an investor who is looking for the next market, between a corporate scouting innovation and a startup that has it.

Founded by Ray Dargham in 2011, Step held its first edition in 2012 for roughly 100 people. The 2024 flagship drew more than 8,000. In 2026 the model crossed an ocean: alongside the February Dubai edition, Step opened a San Francisco chapter focused squarely on the AI economy.

We exist to be the catalyst of startup ecosystems through connecting its most passionate and valuable stakeholders.

— Step, company mission
By the numbers

From a room to a region

Attendance across editions - illustrative of the growth curve from the first 2012 gathering to the 2024 flagship.

2012
~100
2019
1,000+
2020
Virtual
2024
8,000+

Figures per Step and public reporting. Bars scaled to the 2024 flagship; earlier editions shown to indicate trajectory, not exact ratio.

Who it serves & the problem

The gap Step is closing

Who shows up

Startups and founders, venture capital and private-equity investors, corporates and enterprise partners, government and ecosystem bodies, and a broad tech-enthusiast audience across MENA and emerging markets.

The problem it solves

In emerging markets, talent is everywhere but connection is scarce. Capital, mentorship and visibility rarely find founders on their own. Step compresses that discovery into two days and a year-round media presence.

What people can do with it

Pitch on stage, meet matched investors through StepMatch, showcase products to buyers, book brand activations, and stay current through the Step Feed newsletter and podcasts between editions.

Why it isn't just a trade show

Step owns its own media - StepFeed and Yallafeed - so the community is engaged year-round, not only during the event. The festival is a moment; the platform is the relationship.

Products & services

One brand, many surfaces

2012 · FLAGSHIP

Step Dubai

The annual technology festival at Dubai Internet City, spanning AI, fintech, autonomous, digital and Earth tracks.

2022 · REGIONAL

Step Saudi

The Riyadh-area edition extending the platform into the fast-growing Saudi startup ecosystem.

2026 · GLOBAL

Step San Francisco

An AI and tech startup festival (Aug 26-27) bridging MENA and global founders with the people building the AI economy.

2015 · MEDIA

StepFeed

Digital media and social-news platform covering tech, business and social happenings across MENA.

2019 · TOOL

StepMatch

Startup-investor matchmaking program and app that turns floor traffic into scheduled, relevant introductions.

2020 · AUDIENCE

Newsletters & Podcasts

The weekly Step Feed newsletter and podcast series that keep a cross-generational, tech-savvy audience engaged.

Model & edge

How Step is different

Large tech events are often government-backed spectacles measured in square metres. Step positions itself differently: as an ecosystem connector that treats the guest list as the product. Its edge is not scale for scale's sake but the density and relevance of the introductions it can make, backed by media brands that keep the audience warm between editions.

The business model reflects that. Revenue comes from event tickets, exhibitor and sponsorship packages, host-partner arrangements, brand activations, and digital media and advertising across the newsletter and social platforms. The events monetize access, visibility and matchmaking; the media monetizes attention.

Ecosystem-first

Built to connect stakeholders, not just sell floor space.

Owned media

StepFeed & Yallafeed give year-round reach few event brands own.

Emerging-market native

Deep roots in MENA, now a bridge toward global AI hubs.

Step is a new media company with a suite of virtual and in-person events, podcasts, and newsletters for the tech-savvy cross-generational audience in MENA and emerging markets.

— Company description
Where it fits

Position in the market

Step sits between the region's giant, state-scale expos and its nimble tech-media outlets - large enough to matter, focused enough to make real introductions.

Competes for attention with festivals like GITEX Global, LEAP, Expand North Star, Web Summit and Slush - and shares media territory with Wamda and MENAbytes.
Differentiates on curation and matchmaking rather than raw footprint, and on owning a year-round media audience most event brands rent.
Funding & leadership

Lean capital, long runway

SERIES A · 2017

$2M raised

Step Group closed a $2M Series A from Wamda Capital, Equitrust, Dubai Silicon Oasis Authority and global VC North Base Media - fuel for its media and events expansion.

FOUNDER · CEO

Ray Dargham

Lebanese media-and-tech entrepreneur who started Step after college. Named to Forbes Middle East's 30 Under 30 (2018); also behind media brands StepFeed and Yallafeed.

Timeline

Thirteen editions, one idea

2011

Step is founded

Ray Dargham launches Step shortly after graduating from college.

2012

First edition

The inaugural conference draws roughly 100 attendees in Dubai.

2015

Media platforms launch

Step Group launches StepFeed and Yallafeed as tech-native media brands.

2017

Series A funding

$2M raised from Wamda Capital, Equitrust, Dubai Silicon Oasis Authority and North Base Media.

2018

Thematic tracks & recognition

Festival expands into digital, AI, autonomous and fintech tracks; Dargham makes Forbes 30 Under 30.

2020

Goes virtual

Step runs online during COVID-19 and leans further into year-round media and community.

2023

Earth Track debuts

A climate and sustainability-focused track joins the agenda.

2024

8,000+ attendees

The Dubai flagship hits record scale and launches a dedicated AI track.

2026

Step goes to San Francisco

The festival expands to SF (Aug 26-27) alongside the Dubai edition (Feb 11-12).

FAQ

Questions people ask

What is Step?

A new-media and events company built around Step Conference, one of the largest technology festivals in the Middle East, plus media platforms like StepFeed and a suite of newsletters and podcasts.

Who founded Step and when?

Ray Dargham founded Step in 2011, with the first conference held in 2012. He remains Co-Founder & CEO.

Where does Step take place?

Its flagship editions are in Dubai (Dubai Internet City) and Saudi Arabia, with a San Francisco edition launching in 2026.

How big is Step Conference?

The 2024 Dubai edition drew more than 8,000 attendees, and startups featured on its stages have collectively raised billions in funding.

How does Step make money?

Through event tickets, sponsorships and exhibitor packages, brand activations, host-partner arrangements, and digital media and advertising across its newsletter and social platforms.

Connect & watch

Find Step

WATCH — interviews & demos

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