Digital Middle East – The best digital news of the week!

Happy New Year! In 2019 we will keep on listing every week the most important digital bits and bites you shouldn’t have missed. If you don’t want to miss the next one:

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Total startup funding in MENA up by 31%

MAGNiTT, MENA’s leading data platform tracking the region’s startup ecosystem released their annual 2018 MENA Venture Investment Report, which provides an in-depth analysis of startup funding across the Middle East and North Africa. The report highlights strong growth with a record number of transactions and an increase in total funding across MENA-based startups, up 31% from 2017.

Read Magnitt’s 2018 MENA Venture Investment Report here


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Haj Ministry, Saudi Arabia to build digital platform for Umrah

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The Ministry of Haj and Umrah and Saudi Arabian Airlines have signed a memorandum of understanding (MoU) to establish digital platforms for Umrah and open new destinations to accommodate the increasing numbers of Umrah performers.

Read more about Saudi Arabia building digital platform for Umrah here


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Middle East’s first fully electric bus hits Abu Dhabi roads


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2019 outlook: The Middle East proves it is investable and more investors will believe in its potential

Exits in 2019 funds will finally start returning money to investors, encouraging new ones to believe and invest more in the region, writes Fadi Ghandour, executive chairman at Wamda Capital.

Read more investments in the Middle East here


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