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MENA Startups Surge to $289M in May 2025

6/3/2025

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Summary

Story summary

MENA startups secured $289 million in May 2025, marking a 25% rise from April.
Egypt topped the funding chart with $75 million from Nawy and $50 million from other startups.
The UAE and Saudi Arabia raised $86.7 million and $69 million, respectively.
Fintech led funding, while AI startups garnered only $25 million.
Male-founded startups received 82% of total funding, highlighting ongoing gender disparity.

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Story summary

MENA startups secured $289 million in May 2025, marking a 25% rise from April.
Egypt topped the funding chart with $75 million from Nawy and $50 million from other startups.
The UAE and Saudi Arabia raised $86.7 million and $69 million, respectively.
Fintech led funding, while AI startups garnered only $25 million.
Male-founded startups received 82% of total funding, highlighting ongoing gender disparity.