#12 This Week In MENA’s Startup Ecosystem🚀
Dive into the latest breakthroughs and discover what's shaping the future of MENA's entrepreneurial landscape
Welcome back to your essential update on what's buzzing in the MENA startup ecosystem! This week, we've lined up exciting technological advancements, must-attend events, and significant industry movements that are shaping the future.
Ready to explore? Let's dive in!
Here’s What’s Sparking Interest This Week:
Weekly Funding Roundup
In The News
Upcoming Programs
Cool Events
Hot Investment Picks
Interesting Stuff
Techy Bytes
Weekly Funding Roundup
WEE Marketplace (UAE) secures $10 million pre-series A round
Bon Plus (Oman) closes seed round with Omantel and angel investors
In The News
UAE-Oman collaboration: ADQ and QIA launch a $180M tech fund and establish $35B investment partnerships
UAE-backed Getir plans to sell its shopping platform n11
UAE commits $50M to the development fund in the Islamic countries
TVM Capital Healthcare (UAE) invests $17M in Germany’s Neurocare
Saudi fund agrees $67M deal to support Omani SMEs
Aramco’s venture arm building an India team to invest in early-stage opportunities
Seedra Ventures and SWG launched a construction technology investment fund in Saudi Arabia
10 Egyptian startups expand to Saudi Arabia with VMS Bridge Entrepreneurship Awards
TLcom Capital closes $154M early-stage fund focused on Africa
AfriLabs and Emerge Green Africa partner to promote green development
Upcoming Programs & Opportunities
Visa set to launch the global innovation program 'VEI' in the Levant region
Startupbootcamp MENA launches the Fintech Solutions program in Saudi Arabia
Pishon Health launches the Healthtech Innovations Accelerator in Africa
Compete in the Global Prompt Engineering Championship
The Saudi Public Investment Fund launches the Resident Entrepreneur program
Berytech launches the Startup10 Program in Lebanon
Flat6Labs launches the Women’s Health Accelerator
Jusoor launches the Disruptors project
Explore the full list of upcoming programs and opportunities here
Cool Events
Future Hospitality Summit - April 29, Riyadh
Mobility Live Middle East - April 30, Abu Dhabi
Capital Linkers - May 1, Riyadh
Dubai Esports and Games Festival - May 1, Dubai
Dubai Fintech Summit - May 6, Dubai
Trademark Registration in Jordan and Internationally - May 7, Amman
AIM Congress - May 7, Abu Dhabi
Emerge 2050 - May 8, Dubai
Fintech Jordan Conference 2024 - May 8, Amman
Startups Without Borders Summit - May 10, Cairo
Check the full list of upcoming events here
Interesting Stuff
Saudi Aramco becomes Fifa World Cup sponsor
Saudi cinema sector nears $1bn in revenue
Five MENA Climate Tech Startups making cities greener
Dubai art dealer embraces NFTs for fractional art ownership
Two Egyptian startups win the Underdog Entrepreneurs Award
FTC bans non-compete agreements in the US
Techy Bytes
Microsoft's new AI generates talking faces from photos and launches Phi-3 Mini
Al Etihad Payments launches Open Finance in UAE
Careem Pay launches Instant Money Transfer Service for UAE to the UK
Stripe to start taking crypto payments
Over 40 American entrepreneurs launch the Tech for Palestine initiative
A Chinese company reveals a brain chip similar to Elon Musk's Neuralink
WhatsApp unveils an event feature for community group chats
Abu Dhabi signs deals to launch air taxi services in 2025
That's all for this edition!
Thank you for exploring this week’s dynamic developments with us. Stay tuned for more insights and breakthroughs next time.
Until next time,
The Startup3lMashi ستارتب على الماشي Team