Top Countries by Total Funding in MENA (ex. Israel) 2021 to 2023

The UAE has consistently witnessed funding over US$ 1 billion for the past three years and has maintained a top 2 position, along with Saudi Arabia.

Saudi Arabia startups received the most funding in 2023 on the back of Tabby, a fintech solution offering customers to make purchases and pay for those in instalments.

Egypt has been consistently ranking 3rd in terms of funding value, with 2023 seeing the lowest in the past three years.