Startup Wrap: MENA startup deals gather pace as investors back AI, consumer brands and climate tech

article author: Nour ElShaeri Author: Sat, 2026-07-04 10: 53 RIYADH: Startup and investment activity across the Middle East and Africa gained momentum over the last seven days, with new funding rounds, expansion plans and strategic transactions spanning artificial intelligence, consumer goods, climate technology, agri-fintech and digital media. Gulf Cooperation Council- and London-based artificial intelligence startup 1001 has raised $30 million in a series A funding round led by Lux Capital. Main category: Business & Economy Tags: Saudi Arabia UAE Egypt

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