Browsing: MENA

NESR expands portfolio with multi-year contracts across key service lines in GCC and North Africa.

Arqaam Capital and ArqNET seek to empower traders to do business within thriving MENA region markets.

Fintech and E-commerce sectors witness unprecedented investment surge, though number of deals drop.

Transportr, a digital logistics platform, attracts major investment, aims for GCC and MENA expansion.

Trella secures investment and strategic backing as VC firm Avanz Capital Egypt expands investment portfolio.

Fintech startups attracted the majority of VC activity, with Saudi Arabia topping the list in terms of regional investment.

MENA startups raised USD 3.94 billion in 2022 across 795 deals, according to startup platform Wamda. Smaller and later stage deals on the up.

MENA startups raised USD 125 million in the last month of 2022, taking the year’s total investment to approximately USD 3.6 billion.

MENA startups have raised USD 646 million over 69 deals in October, taking 2022’s total raised to USD 3 billion over 551 deals, according to a report by Wamda and Digital Digest.

MENA startups from Egypt, Saudi and the UAE stood out this October, with fintech, e-commerce and logistics standing out.