MENA Startups Attract Major Investments as Region's Tech Ecosystem Booms
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Startups in MENA securing major investment deals, indicating growth in the region's startup and VC ecosystem. Examples include Saudi proptech firm Ejari and UAE's Nomad Homes.
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Focus on proptech with companies like Ejari, Nomad Homes, and UAE's Keyper raising funds to expand offerings for real estate sector.
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Growth of private credit and venture capital firms like Saudi Venture Capital and Ruya Partners that provide financing to SMEs.
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Expansion into Saudi Arabia a priority, with examples like Egypt’s eCommerce Boost launching masterclasses for the market.
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Continued momentum in sectors like insurtech and mobility, with Democrance and Neo Mobility raising funds.