Around USD 2.7 billion has been spent on 5G spectrum licenses and infrastructure since 2019.

The European angel network will back up to 10 startups per year across the Middle East and Africa with €100K–€250K tickets.

With backing from global and regional investors, Qanooni plans to expand its AI-powered legal platform across the UAE and UK.

In total, 16 deals were recorded during the period, with 11 of them publicly disclosing investment of $156 million altogether.

StartupScene brings together Shark Tank America’s Robert Herjavec and Egypt’s Abdallah Sallam for a one-of-a-kind crossover conversation between two sharks who know how to spot a winner.

Spearheaded by Progressio, 1 Million Minds is reimagining innovation in Egypt by fostering inventors and creating the infrastructure to turn local ideas into global industries.

The agenda will include discussions on regulatory frameworks, emerging technologies, and digital finance trends.

The new partnership aims to unlock non-dilutive capital for startups through structured debt.

China-based autonomous driving firm WeRide begins testing in Riyadh and AlUla ahead of a full rollout in 2025.

The UAE followed with $86.7 million raised across 14 deals, according to the Wamda report.

The Ministerial Group for Entrepreneurship reported 16 deals across the startup ecosystem.

For the first time globally, all venture funds in a single market have aligned to set best practices and unify reporting standards.