News and Events
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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December 15, 2021
December 15, 2021
After it was exhausted by the drop in oil prices during the past years and the repercussions of the Corona pandemic, the Sultanate of Oman keeps trying to overcome its annual...
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December 12, 2021
December 12, 2021
MENA startups raised $284 million across 71 deals in November 2021 which means an increase of 89% compared to the previous month and a whopping 666% increase compared to November last...
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December 7, 2021
December 7, 2021
COMEX, the most prominent exhibition in the Sultanate of Oman in the field of information and communication technology, is held annually with the support of the Information Technology Authority; It provides access to future tools,...
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December 4, 2021
December 4, 2021
2021 has been an exceptional year for venture capital investments in the Middle East and North Africa, which have reached nearly $3 billion so far.
In October 2021, the volume of funding increased by 181% compared to October last year, reaching $150 million, which imposes...
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November 24, 2021
November 24, 2021
In order to accomplish the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, announced launching the “Dubai Future District Fund” with a value of one billion dirhams in its first step
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