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News and Events

 
September 27, 2023
More than 115 million Omani Riyals have been invested in Omani startups so far

More than 115 million Omani Riyals have been invested in Omani startups so far

Oman Daily newspaper published a press report stating that investments in Omani emerging technology companies exceeded the barrier of 115 million Omani riyals, and the Ministry of Transport, Communications, and...
July 31, 2023
The Public Investment Fund and the Omani Investment Authority sign a memorandum of understanding to increase investment opportunities in Oman

The Public Investment Fund and the Omani Investment Authority sign a memorandum of understanding to increase investment opportunities in Oman

A memorandum of understanding is signed between the Saudi Public Investment Fund and Omani Investment Authority, in order to...
June 28, 2023
Oman is one of the top 10 startup-friendly countries in the Middle East

Oman is one of the top 10 startup-friendly countries in the Middle East

The Sultanate of Oman has been ranked among the top 10 countries in the Middle East and North Africa in terms of attractive markets for...
May 31, 2023
Saudi Arabia is planning to be a global center for startups... An agreement to host 100 startups in cooperation with Google

Saudi Arabia is planning to be a global center for startups… An agreement to host 100 startups in cooperation with Google

In order to promote, enable, and accelerate 100 emerging technology and digital companies around the world each year, Saudi Arabia intends to...
March 28, 2023
“SVB” bankruptcy… Earthquake in America and tremors in the Middle East

“SVB” bankruptcy… Earthquake in America and tremors in the Middle East

On the morning of March 10, 2023, depositors of Silicon Valley Bank, most of them were startups, woke up to the catastrophe of the bankruptcy of the...
February 27, 2023
Investors are watching global economic events... A 66% decline in financing startups in the Middle East

Investors are watching global economic events… A 66% decline in financing startups in the Middle East

Startups in the Middle East and North Africa region reaped $103 million which was distributed over 22 deals in January. Comparing to the...
January 28, 2023
A strong start in 2023 for investing in startups in the Middle East and North Africa

A strong start in 2023 for investing in startups in the Middle East and North Africa

Data on venture capital investments and the digital sector in the Middle East and North Africa region showed that the amount of investment in startups in last seven weeks was...
January 2, 2023
$3.43 billion was invested in Arab startups during 2022

$3.43 billion was invested in Arab startups during 2022

Startups around the world were the most affected ones in 2022, since investors slowed down the pace of their funding for more...
December 21, 2022
The most funded startups in 2022 according to Forbes

The most funded startups in 2022 according to Forbes

Forbes Middle East magazine revealed its annual list of the “50 Most Funded Startups in the Middle East and North Africa” for the year 2022, intending to...