#18 This Week In MENA🚀
Dive into the latest Startup News, Trends & Opportunities shaping the MENA region
Hey MENA entrepreneurs!
We're back with another edition of your ultimate guide to the latest in the MENA startup world.
Trending This Week:
Weekly Funding Roundup
In The News
Ecosystem Updates
Startups Highlights
Upcoming Programs
Cool Events
Interesting Stuff
Techy Bytes
Let’s dive in!
Weekly Funding Roundup
In The News
MENA startups raised $282M in May
Dubai revised cryptocurrency regulations
Abu Dhabi introduced a unified economic license
Qatar launched Fintech Express Sandbox
Rasmal Ventures (Qatar) introduced a $100M fund
Saudi Arabia launched the National Semiconductor Hub
127 international companies relocated to Saudi Arabia in Q1 2024
Ecosystem Updates
Flat6Labs welcomed its first cohort in Morocco
Playbook and Bahrain FinTech Bay promoted diversity in FinTech
Standard Chartered Bank selected10 startups for the SC Women in Tech program
UAE Winners of the 2024 Entrepreneurship World Cup announced
MBRIF introduced its latest cohort of innovators
Winners of Make It in the Emirates Pitch Competition announcedn
Startup Highlights
Wazen (KSA/Fintech) won first place at the Creativity Makers Forum 2024
Tunisian team selected as a finalist for Young Inventors Prize
OneClickDrive (UAE/Mobility) expanded to Morocco
Mal Bazaar (Egypt/Fintech) acquired a brokerage license
Upcoming Programs & Opportunities
GEN AI Hackathon on 20-22/6/2024 in Ramallah
Flat6labs Riyadh, Amman, and StartMashreq programs
Berytech’s IdeaLab, Lebanon Innovate, and ScaleSmart
Virtual Accelerate Acceleration Program in Aleppo & Damascus
Ma’an Social Incubator (UAE)
BLDR’s Pre-Seed Launchpad (Virtual)
ASYAD Accelerator Program (Oman)
Must Attend Events This Week
QDB Incubation and Acceleration Demo Day - 10 June, Doha
The Garage+ Demo Day - 10 June, Riyadh
Decentralization: A Catalyst for Lebanon's Progress - 11 June, Virtual
Dubai AI Retreat - 11 June, Dubai
Mastercard Fintech Forum - 11 June, Morocco
FITA2024 - 11/12 June, Tunis
Content Marketing Workshop by In5 - 12 June, Dubai
Interesting Stuff
Now you can invest in Lebanese startups for as little as $50
10 thriving Egyptian brands amid boycott campaigns
Exploring Private Debt in Emerging Markets
Why space mining is the next big thing
Report: Mena Tech 2024
Techy Bytes
Saudi introduced Nusuk Wallet for Haj and Umrah pilgrims
OpenAI Launched ChatGPT Edu and signed a Billion-dollar deal with Microsoft
Microsoft launched Build with AI for startup founders
Huawei Cloud expands with New Cairo Region and Arabic Language Model
Cisco launched a $1 billion AI fund
That’s a wrap!
Thanks for joining us on this week’s journey through the MENA startup ecosystem
Stay tuned for more opportunities, trends, and insights next week
Until next time,
The Startup3lMashi ستارتب على الماشي Team
Want to say hi or share a cool story? --> contact@startup3lmashi.com