News > MENA entrepreneurship gets a flying start in 2022
MENA entrepreneurship gets a flying start in 2022
02/01/2023 09:03 AM | Click to read full article
The Middle East and North Africa region is on its way to becoming the next Silicon Valley, with venture capital and startup activity rising annually. Last year, the funding ecosystem witnessed Saudi Arabia, the UAE and Egypt emerging as the top-performing countries in the venture capital space, amounting to 35 deals. The MENA region raised $247 million across 46 deals in January last year, marking an epic 474 percent increase compared to the same period last year.
