The Middle East and North Africa's venture capital market is moving at two speeds. A report from Magnitt finds mega-rounds have raised $1.5 billion so far this year. But those deals mask a contraction in deal activity across the broader startup ecosystem. Philip Bahoshy, Founder & CEO at Magnitt spoke to Bloomberg’s Abeer Abu Omar on Horizons Middle East and Africa about their new report. (Source: Bloomberg)
The Middle East and North Africa's venture capital market is moving at two speeds. A report from Magnitt finds mega-rounds have raised $1.5 billion so far this year. But those deals mask a contraction in deal activity across the broader startup ecosystem. Philip Bahoshy, Founder & CEO at Magnitt spoke to Bloomberg’s Abeer Abu Omar on Horizons Middle East and Africa about their new report. (Source: Bloomberg)
<iframe src="https://statesidedaily.com/embed/cluster/7cb866dad129f7f1b832c915d7879ed6dde44558" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="Bahoshy: Saudi VC Deals Fall 35% as Capital Rises"></iframe>