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July 16, 2019

The number of funding deals for startups in the Middle East North Africa (MENA) region during the first half of this year reached the highest number on record for a first half of a year, according to startups platform Magnitt.

The number of deals increased by 28% year-on-year in the first half of 2019 to 238, while the total funding increased by 66% to $471 million.

“Q2 2019 saw the highest amount of...

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