Wednesday, July 3, 2019

$28 million invested in 40 digital startups. Lebanon leads MENA in deals per capita and per GDP


In 2018, Lebanon recorded the largest number of digital investment deals per capita and per GDP among the countries of the Middle East and North Africa (MENA), according to a recent report by ArabNet.

The report, titled 'The State of Digital Investments in MENA 2013-2018', showed that 40 digital start-up investment deals were concluded last year in Lebanon, the same number recorded in Egypt, the most populous Arab country.

The number of deals, however, dropped by 29 percent compare...

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