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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Phoenix Venture Partners has completed the second closing of its $50 million Innovation Fund, aimed at supporting early-stage startups in the MENA region. The fund will focus on high-growth sectors such as fintech, healthtech, edtech, and sustainability, reflecting strong investor confidence and alignment with regional economic initiatives. This milestone positions PVP to drive innovation and economic growth in the fast-evolving startup ecosystem.
A recent survey reveals that 93% of entrepreneurs are confident in their business skills, with 96% believing AI will help them compete with larger firms. Women-led businesses in Egypt are thriving, with 62% optimistic about growth, while AI tools are saving them an average of 19 hours weekly, allowing for skill development and improved operations. GoDaddy's AI solutions are empowering these entrepreneurs, enhancing their quality of life and business satisfaction.
Abdulrahman Al Ammar
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phoenix venture partners secures fifty million dollars to boost mena startups
18:47 13.03.2025
women entrepreneurs thrive with ai tools boosting business confidence and growth
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18:40 13.03.2025
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