Funding
Keep up with the latest MENA region funding news with our blog. We'll keep you up-to-date on the latest funding announcements, grants, and regional competitions.
USD 9.25 million was invested in start-ups during the FinTech World Cup at the DFS
The FinTech World Cup Grand Finale saw over USD 9.25 million in committed investments from global investors. APPRO emerged as...
MENA startups raised $55M in April 2024, 78% less than in March but 87% more than in 2023
In April 2024, MENA startups raise $55 million, a 78% drop from March but an 87% increase from 2023. UAE's...
MNZL Raises $3.5M to Empower Egyptian Families Through Asset-Backed Lending
MNZL, a fintech startup based in Egypt, has successfully secured $3.5 million in Seed funding. The funding round was led...
Dubai’s DIFC Emerges as Global Fintech Hub with $3.3 Billion in Funding
Over 1,000 fintech firms registered, raising $3.3 billion in venture capital funding globally. 31% increase in fintech companies from 2022...
Klumi Ventures Leads the Way in Web3 Investment as UAE’s First Regulated Venture Capital Firm
Arabic Klumi Ventures is the first Web3 venture capital firm regulated by the FSRA of the Abu Dhabi Global Market,...
Top 200 Startups Garner $3.3 Billion in Funding Over 10 Years
Saudi Arabia's startup scene saw a remarkable $3.3 billion in funding over the last decade, with 94% of founders being...
NEOM Secures $2.67 Billion Credit Facility to Drive Megaproject Forward
NEOM secured a $2.67 billion credit facility from nine local banks. Funding aimed at driving forward NEOM's construction plans. Saudi...
Shorages Secures $1m, Revolutionizes Fulfilment, Expands, Focuses on Tech
Shorages secures $1M pre-Series A funding for its dynamic fulfilment startup in the GCC. Strategically positioned fulfilment centers in UAE...
FinTech Funding Continues to Surge as Second Edition of Dubai FinTech Summit Commences
Arabic The Dubai FinTech Summit is scheduled for May 6-7 at Madinat Jumeirah. Over 800 FinTech startups valued at USD...
Saudi Arabia Invests $37 Million to Expand Honey Production
Saudi Arabia allocates $37 million to boost the honey sector, benefiting over 10,580 individuals in rural areas. Honey production in...
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