Startups in the Middle East and North Africa region continue to attract robust investor interest, showcasing sustained vitality in entrepreneurial activity.
In August 2023, MENA startups raised over $76 million through 18 deals which fares well against the broader Middle East, Africa, and Pakistan region, which raised $139 million across 46 deals in the same period, according to venture data research firm MAGNiTT.
Notably, the MENA region accounted for two of the three exits recorded in the Middle East, Africa, and Pakistan in August, highlighting its growing role in the global startup ecosystem… more
(arabnews.com)
