News and Events
April 12, 2022
April 12, 2022
The first quarter of 2022 witnessed lots of venture investment deals in the Middle East and North Africa, which Saudi startups topped the deals in terms of the...
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March 26, 2022
March 26, 2022
Abu Dhabi Developmental Holding Company (ADQ) and Turkey Wealth Fund (TWF) announced the launch of the ADQ-TWF Turkey Technology Fund with a capital of $300 million. invest in various venture capital funds and...
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March 15, 2022
March 15, 2022
The Russian-Ukrainian war has significant near-term and long-term economic and political implications, and we believe could unleash a new world order for the next five to ten years. This increased instability in the supply chain, inflation, and
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February 28, 2022
February 28, 2022
Amazon Electronic Payment Services has announced the launch of a program aimed at supporting startups looking to grow their electronic businesses in the Middle East and
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February 14, 2022
February 14, 2022
An incorporated VC in the Sultanate of Oman, Pioneer Investors International LLC, signed a new deal with a Canadian project management Startup (RUBECT) through it's local branch in Canada. RUBECT as a hybrid
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January 22, 2022
January 22, 2022
The first edition of MAGNiTT's Emerging Markets Report revealed that venture investors are investing in emerging markets to achieve high levels of growth and reap economic benefits. The new MAGNiTT’s report covers
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January 12, 2022
January 12, 2022
MENA startups raised $206 million in December 2021 through 44 deals, which is 27.5% lower monthly, but impressively 215% higher yearly.
The vast majority of venture capital investments were concentrated in
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December 22, 2021
December 22, 2021
The Akeed Delivery, the Oman’s leading food delivery app is making a big splash in Oman’s budding F&B space, raising $2.5 million in its Series A round backed by existing investors Phaze Ventures and...
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December 20, 2021
December 20, 2021
The annual report of "Global Entrepreneurship Monitor 2021" issued by the Center for Entrepreneurship at the University of Nizwa and in cooperation with the Small and Medium Enterprises Development Authority, reviewed the most important and...
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