MENA Number of Deals in 2023

Egypt usually ranks 2nd behind the UAE, in terms of the number of deals inked in MENA, however 2023 has been a difficult year and Egypt ranked 3rd behind both the UAE and Saudi Arabia. Morocco was the only other country in MENA (excluding Israel) that had more than 10 deals inked in 2023, as the VC winter set in across the world.