Video: 10 Biggest MENA Tech Investment Deals in 2018

Published March 11th, 2019 - 12:51 GMT
Uber's rival in the region, Careem, topped this list by raising $200 million to expand its services. (Shutterstock)
Uber's rival in the region, Careem, topped this list by raising $200 million to expand its services. (Shutterstock)

By Rim ElChami

According to menabytes, startups in the MENA region sealed over 130 deals raising about $475 million in 2017. In 2018, the 10 biggest MENA tech investment deals helped startups secure over $500 million. 

It's worth mentioning that 6 out of these10 startups are based in UAE; including the top 3. 
Uber's rival in the region, Careem, topped this list by raising $200 million to expand its services.

The only two startups who made it to the list and not GCC-based were Swvl (Egypt-based), and Mawdoo3 (Jordan-based).

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