{"id":71687,"date":"2026-07-28T15:31:49","date_gmt":"2026-07-28T12:31:49","guid":{"rendered":"https:\/\/entarabi.com\/?p=71687"},"modified":"2026-07-28T15:39:41","modified_gmt":"2026-07-28T12:39:41","slug":"mena-startups-raise-96-1-million-in-two-weeks-as-saudi-arabia-leads-fintech-investment","status":"publish","type":"post","link":"https:\/\/entarabi.com\/en\/2026\/07\/mena-startups-raise-96-1-million-in-two-weeks-as-saudi-arabia-leads-fintech-investment\/","title":{"rendered":"MENA Startups Raise $96.1 Million in Two Weeks as Saudi Arabia Leads Fintech Investment"},"content":{"rendered":"\n

Startup investment activity across the Middle East and North Africa (MENA) gained momentum during the second and third weeks of July, with 10 startups securing funding across six key sectors, including artificial intelligence, fintech, e-commerce, healthcare, hospitality, and mobility.<\/p>\n\n\n\n

According to entArabi’s<\/strong> Weekly Startup Investment Report, covering the period between July 12 and July 26, startups in the region announced $96.1 million in fresh funding across seven disclosed investment rounds, while three additional transactions were completed without publicly disclosed values.<\/p>\n\n\n\n

Saudi Arabia Dominates Regional Funding<\/h2>\n\n\n\n

Saudi Arabia emerged as the region’s leading investment destination during the period, attracting $84 million across three disclosed funding rounds out of four completed deals. The Kingdom accounted for 87.4% of the total disclosed capital raised during the two-week period.<\/p>\n\n\n\n

The Saudi market was primarily driven by the fintech sector, followed by artificial intelligence, which attracted $8 million in disclosed funding.<\/p>\n\n\n\n

Syria ranked second, recording two investment deals worth a combined $10.1 million, spanning the e-commerce and mobility sectors.<\/p>\n\n\n\n

Fintech Tops Sector Rankings<\/p>\n\n\n\n

Fintech remained the largest recipient of investment, attracting $77 million through two disclosed transactions involving Saudi-based Fina and Morocco’s ORA Technologies, in addition to an undisclosed funding round raised by Qatar’s SkipCash.<\/p>\n\n\n\n

The mobility and delivery sector ranked second after Syrian startup Labby secured a $10 million investment.<\/p>\n\n\n\n

Artificial intelligence came in third with two transactions, including an $8 million investment in Saudi AI company Think, alongside an undisclosed round for UAE-based Azraq, a developer of AI-powered data center infrastructure.<\/p>\n\n\n\n

Healthcare ranked fourth after Egyptian healthtech startup Reme-D raised $1.45 million in a Pre-Series A funding round.<\/p>\n\n\n\n

Key Investment Highlights<\/h2>\n\n\n\n
    \n
  • Saudi fintech platform Fina, the financial technology arm of Silq, secured $75 million in Shariah-compliant financing from UK-based investment manager Fasanara Capital.<\/li>\n\n\n\n
  • The funding will support embedded finance solutions tailored for small and medium-sized enterprises (SMEs).<\/li>\n\n\n\n
  • Syria’s Ministry of Communications and Information Technology signed a $10 million investment agreement to launch Labby, a digital platform aimed at accelerating digital transformation and supporting the country’s technology ecosystem.<\/li>\n\n\n\n
  • Egyptian molecular diagnostics startup Reme-D raised $1.45 million in a Pre-Series A round led by Anara Impact Capital, with participation from Global Innovation Fund, Africa Health Ventures, and other investors.<\/li>\n\n\n\n
  • The proceeds will be used to expand advanced molecular diagnostics for autoimmune diseases and viral hepatitis.<\/li>\n\n\n\n
  • Moroccan food delivery and fintech platform ORA Technologies secured an additional $2 million as part of its $10 million Series A financing round backed by a consortium of local investors.<\/li>\n<\/ul>\n\n\n\n
    \"\"<\/figure>\n","protected":false},"excerpt":{"rendered":"

    Startup investment activity across the Middle East and North Africa (MENA) gained momentum during the second and third weeks of July, with 10 startups securing funding across six key sectors, i<\/p>\n","protected":false},"author":11,"featured_media":71682,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[8850,1772],"tags":[13221,13180,7511,13172,13181],"class_list":["post-71687","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-venture","category-startups","tag-anara-impact","tag-fina","tag-ora-technologies-en","tag-reme-d","tag-silq"],"acf":[],"_links":{"self":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/71687","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/comments?post=71687"}],"version-history":[{"count":1,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/71687\/revisions"}],"predecessor-version":[{"id":71694,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/71687\/revisions\/71694"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/media\/71682"}],"wp:attachment":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/media?parent=71687"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/categories?post=71687"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/tags?post=71687"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}