Bahoshy: Mideast Venture Appetite Returning
PositiveFinancial Markets

Startups in the Middle East are experiencing a remarkable resurgence, having raised a record $1.2 billion last quarter despite a downturn in global emerging market funding. This trend highlights a renewed interest from international investors in growth-stage companies, as noted by Philip Bahoshy, the founder and CEO of Magnitt. His insights shared with Bloomberg's Joumanna Bercetche emphasize that both international and regional investors are increasingly drawn to venture capital as a promising asset class, signaling a positive shift in the investment landscape.
— Curated by the World Pulse Now AI Editorial System