North Africa

Venture capital investments in the Middle East and North Africa reached $355 million in July, marking a 206 percent increase from June and a 260 percent rise year on year, according to recent data. This growth highlights the region’s…
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Abu Dhabi and Dubai have been ranked as the most liveable cities in the Middle East and Africa, with both improving their scores in healthcare and education, according to the 2024 Global Liveability Index by the Economist Intelligence Unit.…
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Investor numbers in the Middle East and North Africa’s venture capital ecosystem saw an annual increase of 33 percent in the first half of 2024, new data shows. According to a report from venture data platform MAGNiTT, rising sentiment…
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Investment activity in the Middle East and North Africa region’s startup space slowed in June with 38 tech startups raising $116 million, bringing the half-year total to $882 million, according to the latest data. The amount raised in…
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Sukuk issuance across the Middle East and North Africa surged 48 percent to $6.2 billion in the first half of 2024, driven by green and social projects, a new analysis showed. Growth in the Islamic bonds sector has been primarily driven…
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Saudi Arabia’s capital Riyadh is among the top five startup ecosystems in the Middle East and North Africa region, according to new data. The international policy advisory and research organization Startup Genome, in collaboration with…
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Information technology spending in the Middle East and North Africa region is set to reach $193.7 billion in 2024, a 5.2 percent increase from the previous 12 months, according to a new report. In its latest MENA IT Spending forecast,…
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The Middle East and North Africa region is registering the highest growth in the global renewable energy sector due to its relatively small current base and ambitious 2030 targets. In its latest report, the International Energy Agency…
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Saudi Arabia and Egypt remain dominant destinations among Middle East and North Africa travelers in 2024, retaining top spots in international preferences, according to a study. Singapore-based travel booking app Wego ranked Egypt as the…
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The International Monetary Fund has opened its first office the Middle East and North Africa region in Riyadh. The office was launched during the Joint Regional Conference on Industrial Policy for Diversification, jointly organized by…
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