Gulf venture financing held steady in 2023 amid cash drought in U.S., Europe, Israel

Saudi Arabia, home to the most active investors, leads funding across MENA region as kingdom lures startups from elsewhere

ABU DHABI, United Arab Emirates – Saudi Arabia has come out on top in a final reckoning of venture capital activity in 2023, as the kingdom continues to lure startups from innovative competitors in the Middle East and Africa.

Including debt...

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