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MENA startup sector ends Q1 with momentum

image sourced from original article at https://www.arabnews.com/node/2595294/business-economy

The Middle East and North Africa's startup ecosystem is ending the first quarter of 2025 with significant momentum, marked by high-value deals, strategic acquisitions, and international expansion plans across multiple industries. Riyadh-based fintech startup Nayla Finance has raised $4 million in a seed funding round to address Saudi Arabia's small and medium-sized enterprises financing gap. UAE-based Epik Foods has acquired Abu Dhabi's Sauce Capital in a $15 million deal, creating one of MENA's largest F&B operators. Dubai-based NKN Media has secured $9.5 million for global growth and is extending its successful Dubai Property Expo to leading global markets. EHC Investment has completed the full acquisition of Al-Fanar Gas Group, strengthening its position in the UAE's energy sector.

Original article source: https://www.arabnews.com/node/2595294/business-economy
Source Id: 2025-03-675167570

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