Over $1bn piled into MENA-based startups in 2020 : vimarsana

Over $1bn piled into MENA-based startups in 2020


Over $1bn piled into MENA-based startups in 2020
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Over $1bn piled into MENA-based startups in 2020
The UAE, Egypt and Saudi Arabia accounted for 68 per cent of the total deals disclosed in 2020
by Zainab Mansoor
January 12, 2021
A staggering $1.031bn was plowed into MENA-based startups in 2020, marking a 13 per cent increase from 2019, startup data platform MAGNiTT has confirmed.
Despite crossing the $1bn mark for the first time, the region’s total deal count pared by 13 per cent, down to 496 transactions last year, the 

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