Is the MENA VC Winter Thawing?
By Sharif El-Badawi 02 November 2023
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MENA's VC investments have waned over the past 18 months, echoing a trend initiated in Silicon Valley due to economic downturns, global conflicts, and rising interest rates. However, emerging indicators hint at a potential revival.
Despite economic challenges, the region's startup ecosystem is vibrant with numerous startups securing significant investments, underscoring the persistent allure of innovation. Rewaa and Jisr both recently announced $30m Series A rounds in KSA. Alma Health and
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