UAE and Saudi Arabia Lead MENA VC Increase; Fintech Remains Top Focus - Fintechnews Middle East
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UAE and Saudi Arabia Lead MENA VC Increase; Fintech Remains Top Focus - Fintechnews Middle East
Venture capital (VC) investment in the Middle East and North Africa (MENA) continues to rebound this year, driven by a rise in smaller funding rounds, strong investor focus on Saudi Arabia and the United Arab Emirates (UAE), and sustained support for fintech. According to new data from Magnitt, a financial data platform focused on emerging markets across MENA, Pakistan, and Turkey, VC funding in the region reached US$678 million in Q1 2025, repr…
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