<ul><li>MENA is now rapidly transforming, driven by innovation, diversification, and reforms.</li><li>Home to 500 million people, the region represents 6% of the world's total population.</li><li>MENA boasts extensive digital connectivity. More than 88% of the population goes online daily.</li><li>70% of the population lives in large urban areas, which presents an opportunity for fintech to transform the financial services landscape.</li><li>Venture capital funding in MENA has tripled from around $1 billion to approximately $3 billion annually since 2021.</li><li>Mega deals, those exceeding $100 million in financing, have surged from negligible levels to approximately $1 billion annually.</li><li>Governments across MENA are fueling a startup revolution, driven by a strategic push for innovation and diversification beyond oil.</li><li>Capital market reforms have significantly bolstered investment activity in the region.</li><li>Special economic zones such as DIFC and ADGM have become catalysts for economic growth in the region.</li><li>MENA stands out as an exceptional region with its dynamic and expanding market, poised to become a key player on the global stage.</li></ul>

Three Reasons to Watch MENA’s Venture Scene

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