Egyptian Unicorns and Success Stories
%2Fuploads%2Fegypt-2024%2Farticles%2Funicorns-success-stories%2Fcover.jpg&w=3840&q=75)
In 2022, the top 10 startups from the Middle East garnered an astounding US $1.9 billion in funding, with the UAE dominating with nearly $1.5 billion and representing over 60% of the startups, followed by Saudi Arabia and Egypt, whose startups secured approximately $420 million and $62 million, respectively.
Egypt has always been a top 3 startup ecosystem in the MENA region, and until Saudi Arabia’s entrepreneurial rise – which was launched through the Kingdom’s Vision 2030 in 2016 but not visibly seen until 2018 or 2019 – Egypt was consistently the 2nd most active startup ecosystem behind the United Arab Emirates.
In 2023, the top places in the regional rankings had a shake up, as Saudi Arabia emerged as the market that attracted the most funding, knocking the UAE off its long-held pedestal.
Content Locked
Login or Register a FREE account to continue browsing our content
%2Fuploads%2Fegypt-2024%2Fcover.jpg&w=3840&q=75)
%2Fuploads%2Fpr%2520articles%2F2025%2F03%2F11_2ifc.jpg&w=3840&q=75)
%2Fuploads%2Fpr%2520articles%2F2025%2F03%2F07_6cicapital.jpg&w=3840&q=75)
%2Fuploads%2Fpr%2520articles%2F2025%2F03%2F06_3loftyinc.jpg&w=3840&q=75)
%2Fuploads%2Fnewsletter%2F2025%2F0306_2.jpg&w=3840&q=75)
%2Fuploads%2Fpr%2520articles%2F2025%2F03%2F03_2eib.jpg&w=3840&q=75)
%2Fuploads%2Fpr%2520articles%2F2025%2F02%2F27_2fawry.jpg&w=3840&q=75)
%2Fuploads%2Fpr%2520articles%2F2025%2F02%2F17_2qmeahoy.jpg&w=3840&q=75)
%2Fuploads%2Fpr%2520articles%2F2025%2F02%2F12_8taager.jpg&w=3840&q=75)
%2Fuploads%2Fpr%2520articles%2F2025%2F02%2F11_4p1ventures2.jpg&w=3840&q=75)
%2Fuploads%2Fpr%2520articles%2F2025%2F02%2F06_2khazna.jpg&w=3840&q=75)
