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Top News In Saudi Technology Ventures Today - Breaking & Trending Today

Is MENAP's budding start-up ecosystem ready to blossom?

Some of the world’s wealthiest venture capital investors call the region home, but it has not been a hot spot for start-ups. Now powerful trends are shifting this dynamic. ....

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Dubai aims to turn 30 startups into unicorns, says official

The UAE is becoming a preferred choice for newly established businesses to raise funds, expand, and hit the billion-dollar mark ....

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Egyptian healthtech startup Vezeeta cuts 10% of 500-person staff – TechCrunch

Vezeeta, a healthtech startup operating in the Middle East and Africa, reportedly laid off about 10% of its staff last week. The number of affected employees isn’t known; however, multiple sources who posted the news on LinkedIn, including affected employees, revealed that up to 50 people were let go. Vezeeta has almost 500 employees, according to […] ....

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Saudi Technology Ventures, Meta partner to scale up tech ecosystem in region

RIYADH: Saudi Technology Ventures has partnered with Meta formerly Facebook to scale up the tech ecosystem in the Kingdom and the Middle East and North Africa region. The $500 million technology venture capital fund plans to do so through building its technical capability and enabling its portfolio companies, it said in a statement. As part of the deal Meta will provide ....

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Ilara Health finances infrastructure for diagnosis in Kenya — Quartz Africa Member Brief — Quartz

Startups like Ilara Health are embracing health-tech solutions to improve access to care in African countries. ....

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