MENA Venture Report 2017

Thanks to MENABytes amazing review of the previous year’s Venture activity in the Middle East, we have observed an increased exit activity especially within e-commerce and logistics (local services). According to their report, there has 134 deals of 123 startups in 1 countries across the region that brought in approximately $445 million worth of investments.

The UAE has secured the first place by accounting to the 84% (approx. $400 million) of the whole deal value within the region, followed by Saudi Arabia and Egypt. About 30% of the deals are within E-Commerce, Logistics and Financial Services.

According to the deal count, here are the top 9 industries

  1. Ecommerce
  2. Local Services
  3. Financial Services
  4. Logistics
  5. Software
  6. Healthcare
  7. Food & Beverage
  8. Technology
  9. Transport