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Market Closed - USA 13:20:50 2026-01-16 EST			5-day change	1st Jan Change
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11-30	Pope Leo takes peace message to Lebanon, target of Israeli strikes	RE
11-30	American and Syrian forces conduct airstrikes on ISIS weapons storage facilities, US military says	RE

Bahoshy: Mideast VC Funding Down But Attracts More International Investors

Published on 01/08/2025 at 04:04 am EST - Modified on 01/08/2025 at 05:01 am EST

MT Newswires

S&P GCC Composite Price (USD)

+0.26%

Venture capital funding in the Middle East slumped in 2024, even as the number of deals increased, as investors shifted toward early-stage investments. Philip Bahoshy, founder & CEO of Magnitt, the platform behind the research spoke exclusively to Bloomberg's Christine Burke on Horizons Middle East and Africa and explained the reasons behind the shift in numbers.

Bloomberg videos, provided by MT Newswires

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