May 31, 2021
qatar fintech hub

“QFTH” is the Second largest investor in FinTech startups in MENA

The Qatar Financial Technology Center, affiliated to Qatar Development Bank, ranked second among the largest institutions that invest in financial technology companies and projects in the Middle East and North Africa during the first quarter of 2021, according to a report by MAGNiTT, which specializes in...
July 13, 2021
mena startups funding

$997 Million Mena’s Startups funding in the first half of 2021

MENA startups earned $267 million through 44 deals in June, taking second-quarter investments to more than $552 million, a 33% increase compared to the first quarter of 2021. Tappy's acquisition of $50 million in debt financing pushed the...
August 15, 2021
Investments in MENA July2021

Startups in the Middle East and North Africa raised about $632 million last July

Startups in the Middle East and North Africa raised about $632 million last July, through executing 77 deals, which represents a new record. The increase in funding last July was due to the implementation of a number of large deals, such as the financing round of Emirati cloud kitchen operator Kitopi, which raised...
January 12, 2022
MENA startups raised $206 million in December 2021

MENA startups raised $206 million in December 2021

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