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Middle East startups draw fresh investor interest

by Press Room


Startups across the Middle East and North Africa continued to attract major investments this week, with companies in fintech, property technology, employment services and artificial intelligence securing fresh funding.

Saudi fintech platform Arib raised $23.5 million in a funding round led by Merak Capital.

The company said the money would be used to expand its digital financing marketplace and launch new products for consumers and businesses in Saudi Arabia.

UAE-based employment and payroll company…

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