RIYADH: Startups across the Middle East and North Africa raised $2.98 billion during the first nine months of the year, according to MAGNiTT, as $100 million mega-rounds generated $1.5 billion, exceeding their full-year 2025 total. The headline figure for the first three quarters of the year saw funding fall 7 percent year on year, and removing those large transactions reveals a sharper slowdown, with capital deployed dropping 32 percent. Deal volume also fell 33 percent to 351 transactions, w
