MENA VC survives on bigger bets

MENA venture capital holds up — for now:

MAGNiTT reads the resilience as a lag, not a verdict.

The real test is still ahead:

Why MAGNiTT is watching 3Q:

MEANWHILE- A handful of mega rounds held up the average.

International investors retreat:

The UAE led the headline, but the concentration matters:

The Kingdom came second at USD 219 mn, down 74% y-o-y, but “the comparison base is doing a lot of the work

Fintech stayed the biggest magnet:

Appetite is shifting up the stages:

Public tech held up better than private:

MARKETS THIS MORNING

Asia-P acific markets are mixed in early trading this morning

Interest rates (CBE)

S&P Egypt Sovereign Bond Index

S&P MENA Bond & Sukuk

VIX (Volatility Index)

+14.2% (YTD: +14.8%)

The EGX30 rose 0.7% at yesterday’s close