RIYADH: Startups in the Middle East and North Africa region raised $1.8 billion in the first half of 2022 hitting an all-time high of $974 million in the first quarter alone, said a MAGNiTT report. The region saw three startups in the top-10 investment rounds across the MENA region, Pakistan, Turkey, and Sub-Saharan Africa, thanks to Saudi Arabia’s Foodics, UAE’s Pure