logo-en
  • Home
  • Companies
  • Investors
    • Home
  • FinTech Hub
  • News
LoginRegister
  • english iconEnglish
  • english iconArabic
  1. Mubasher News
  2. MENA’s women entrepreneurs seize 2.5% of world’s VC funding

MENA’s women entrepreneurs seize 2.5% of world’s VC funding

NOHA.GAD
Nov 27, 2024
MENA’s women entrepreneurs seized 2.5% of the world’s venture capital funding

Riyadh - Sharikat Mubasher: Women entrepreneurs in the Middle East and North Africa (MENA) region are increasingly becoming a powerful force for economic growth and social change, backed by the region’s shift towards supporting women in entrepreneurship.

Noor Sweid, Founder and Managing Partner of Global Ventures, stated that women entrepreneurs in the MENA region seized 2.5% of the world’s venture capital (Vc) funding.

In a discussion session held on the sidelines of the Global Women’s Forum (GWF), Sweid stated that the region needs to expend more efforts to promote women’s role in the entrepreneurial ecosystem and increase investors’ trust in their capabilities.

She invited Arab women entrepreneurs to provide exceptional services that cater to individuals’ needs to gain investors’ trust.

The third edition of GWF took place in Dubai on 26 and 27 November gathering a distinguished array of global leaders, senior government officials, private sector executives, renowned experts, academics, and entrepreneurs.

With over 60 sessions and the participation of 100 inspiring leaders and influencers worldwide, the Forum showcased the most exemplary global practices supporting women's empowerment.

Tags

Saudi Arabia
Women
Entrepreneurs
Share

Attract clients with your ad

Start Now

Trending

Namal, SDB launch new program to empower entrepreneurs across Saudi Arabia
MUBASHER.SA
Flat6Labs, Idealab.ai partner to bring 1.2 million business ideas to entrepreneurs
MUBASHER
QSTP, Microsoft partner to support Qatar startups with AI tools
MUBASHER
Holouly launches ETEPS platform to manage POS operations
MUBASHER.SA
Vitalls secures $1.5 mn investment from EST Growmore
Abu Dhabi - Sharikat Mubasher: Vitalls, an AI-powered digital health passport platform headquartered in Abu Dhabi, secured a $1.5 million investment from EST Growmore, EST Group's investment arm, as part of its seed round.Both parties signed the investment agreement at the Abu Dhabi Future Health Summit, under which EST Growmore may invest an additional $1 million in Vitalls, the health platform announced today.The agreement was signed by Mehdi Bouchenak, Founder of Vitalls, and Sindhu Bhaskar, Chairman of EST Group.Beyond capital, the partnership opens access to EST Growmore's investment ecosystem, including group telecom and healthcare portfolio companies. The two companies will explore collaboration opportunities across distribution, partnerships, and product development to accelerate Vitalls' growth regionally and globally.Commenting on the agreement, Bouchenak said: “This agreement is a major step for Vitalls. More than the capital, it confirms that the problem we set out to solve is real and urgent. When an investor of Dr. Sindhu Bhaskar's experience commits after looking closely at what we have built, it tells us the need is understood. Patient-owned health records are no longer a niche idea. They are where healthcare is going."Moreover, the investment reflects a shared conviction that people should own their health history and carry it with them wherever they live, work, or travel.

Related News

Private Equities News
Calendar Icon
Oct 21, 2026
Flat6Labs, Idealab.ai partner to bring 1.2 million business ideas to entrepreneurs
Read More
Private Equities News
Calendar Icon
Oct 21, 2026
QSTP, Microsoft partner to support Qatar startups with AI tools
Read More
Private Equities News
Calendar Icon
Oct 20, 2026
OIC approves Saudi proposal to establish Cybersecurity Ministers Council in Riyadh
Read More
Private Equities News
Calendar Icon
Oct 20, 2026
FII Institute postpones FII10 conference to 2027
Read More
Private Equities News
Calendar Icon
Oct 19, 2026
NearPay SoftPOS obtains Jaywan Contactless L2 approval
Read More
Private Equities News
Calendar Icon
Oct 18, 2026
Forbes features 29 Saudi entries in Sustainability Leaders 2026 List
Read More
Private Equities News
Calendar Icon
Oct 18, 2026
Abu Dhabi to host 6G MENA 2026, gathering world’s tech leaders
Read More

Sharikat Mubasher Newsletter

Get insights and exclusive content from the world of business and finance that you can trust delivered to your inbox

Email is Required
Should be a valid email

Democratizing private equity investments

  • Home
  • Companies
  • Investors
  • FinTech Hub
  • News
  • Contact Us
  • Sitemap
2024 All rights reserved to Sharikat Mubasher