Right now its probably easer to start a project in middle east countries since the regulations are still not that strict there as they are in Europe or USA and you can prepare yourself with whats coming at you since you can compare to current situation of ICOs elsewhere.
That may be true but then you cannot count on the fact of operating in Europe or US , which are quite big market as well
In Europe and the USA there is a huge competition, in the Middle East it is much easier to start an innovative business. I like this project)