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In February 2025, MENA startups raised $494 million across 58 deals, a nearly fivefold increase from the previous year, with Saudi Arabia leading at $250.3 million. The fintech sector dominated with $274 million, while later-stage investments grew, highlighted by Tabby's $160 million Series E funding. Despite the surge, male-led startups secured 87% of the total funding, leaving only $200,000 for female-led ventures.
OPEC+ has announced an increase in oil production by 138,000 barrels per day starting April 1, 2025, marking its first output hike since 2022. This decision, made during a virtual meeting of eight member nations, is based on positive market conditions and will be flexible to adapt to market stability.Following the announcement, oil prices fell, with Brent crude dropping 2% to below $72 a barrel. The group also committed to compensating for overproduced volumes since January 2024, with plans to complete this by June 2026.
MENA startups raised $494 million across 58 deals in February 2025, marking a remarkable 371% increase from January. Saudi Arabia led with $250 million from 25 deals, followed by the UAE with $203 million from 15 startups. Egypt and Oman raised $27.5 million and over $6 million, respectively.
MENA startups raised $494 million in February 2025, a remarkable 371% month-on-month increase, with Saudi Arabia leading at $250.3 million. Fintech dominated investments, attracting $274 million, while later-stage funding gained traction, reflecting heightened investor confidence in the region's ecosystem. Despite a significant funding disparity, with male-led startups receiving 87% of total investments, the landscape shows promise for continued growth.
In January 2025, Japan imported 34 million barrels of Saudi crude oil, making up 41% of its total oil imports of 82.99 million barrels. The Arab nations contributed significantly, with the UAE supplying 35.31 million barrels (42.6%), while imports from the US, Central and South America, and Oceania accounted for the remainder. Japan's energy strategy is influenced by geopolitical factors, including bans on oil imports from Iran and Russia.
The GCC real estate sector experienced a remarkable surge in 2024, with transactions exceeding $383 billion, marking a 25% annual increase. Dubai dominated the market, accounting for 54% of transactions, while Saudi Arabia followed with $75.7 billion. Population growth, particularly among expatriates, is driving demand, with urban populations expected to rise significantly by 2030.
Oman has launched its first hydrogen station near Muscat International Airport, marking a significant advancement in sustainable mobility. This facility, powered by solar energy, can produce up to 130 kg of green hydrogen daily and integrates hydrogen refueling, EV fast-charging, and traditional fuel options. The initiative aligns with Oman’s Vision 2040 and Net Zero 2050 targets, showcasing the potential of hydrogen ecosystems in promoting energy diversification and attracting investment.
Oman Oil Marketing Company is investing $3.76 million in local SMEs to enhance logistics, digital transformation, and infrastructure. The initiative includes upgrading Ahlain stores with a delivery service, implementing QR code ordering at Amazon Café, and installing advanced fuel infrastructure. CEO Tariq bin Mohammed Al Junaidi emphasized the importance of empowering local businesses to drive sustainable economic growth and create jobs in Oman.
Deutsche Bank, a global investment bank, operates in Saudi Arabia, offering a range of services including online and mobile banking, catering to both retail and corporate clients. The Saudi banking sector features several key players like Alinma Bank, Bank AlJazira, and HSBC Saudi Arabia, each providing diverse financial solutions and robust online banking services. The Saudi Arabian Monetary Authority ensures a secure banking environment, fostering trust and stability in the financial landscape.
The global Decentralized Finance Market is projected to grow from US$ 13.5 billion in 2023 to US$ 270.7 billion by 2031, with a CAGR of 45.7%. This sector, which leverages blockchain technology to provide financial services without intermediaries, is gaining traction across regions including North America, Europe, and Asia Pacific. Key players include Avalanche BVI Inc., BitMart, and Coinbase Global Inc., as the industry evolves to enhance market participation and innovation.
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mena startups raise 494 million in february driven by saudi fintech
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02:04 07.03.2025
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06:30 04.03.2025
mena startups raise 494 million in february marking 371 percent increase
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mena startups raise 494 million in february 2025 marking record growth
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Japan's January oil imports heavily reliant on Saudi and UAE supplies
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gcc real estate transactions exceed 383 billion in 2024 driving growth
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11:14 26.02.2025
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11:07 03.02.2025
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