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PlaysOut, a UAE-based gametech startup, has raised $7 million to enhance its mini-game ecosystem, while ORO Labs secured $1.5 million for its tokenized gold trading platform. MENA Analytics and Juridoc.tn are expanding their services with new funding, and Grinta is pivoting to healthcare after acquiring Citi Clinic. In Egypt, Fawry and Contact Financial are partnering to improve BNPL services, and Yango Group launched a $20 million venture fund to support startups in high-growth regions. Meanwhile, Tabuk is emerging as a dynamic investment hub in Saudi Arabia, with significant opportunities in tourism, agriculture, and renewable energy.
Startups in the MENA region are attracting significant investment, particularly in fintech, gaming, and healthcare. Notable funding rounds include UAE-based NymCard's $33 million for API solutions, ClearGrid's $10 million for AI-driven debt collection, and PlaysOut's $7 million for a mini-game ecosystem. Other ventures like ORO Labs and Grinta are also expanding their offerings in tokenized gold trading and healthcare services, respectively.
Cairo-based Grinta, a fintech-enabled B2B platform modernizing the pharmaceutical supply chain, has secured additional funding and acquired Citi Clinic, enhancing its entry into the healthcare sector. This strategic move allows Grinta to integrate online and offline services, reaching over 150,000 patients. Co-founder and CEO Mohamed Azab emphasized the significance of this acquisition in transforming healthcare access and delivery.
Ali Youssef
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
tabuk emerges as a dynamic investment hub with diverse growth opportunities
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