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الاقتصادية

2026-10-13T16:16:00.000Z

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الاقتصادية - CNN

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Middle East Startups Raise $2.98B

Middle East Startups Raise $2.98B

Startups in the Middle East and North Africa region raised approximately $2.98 billion during the first nine months of 2026, a 7% decrease year-over-year. Funding was concentrated in large rounds exceeding $100 million, which accounted for more than half of the total amount. Despite a 33% decline in the number of deals, Q3 of the year saw the highest quarterly funding value, reaching $1.4 billion, supported by major investment rounds involving companies such as Barq, CargoX, and Mov. The UAE maintained its notable activity, with funding increasing by 17% to $1.64 billion despite a reduction in deal volume. Meanwhile, Saudi Arabia and Egypt experienced a decline in funding, Morocco saw an increase, and Qatar faced a decrease. The market is facing challenges in expanding the base of companies benefiting from funding and achieving returns sufficient for reinvestment. Investment remains concentrated in FinTech and AI sectors, despite the drop in the number of deals and shifts in investor shares between local and international players.

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