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Explosive Growth In MENA’s Startup Ecosystem

by News Editor

March 5, 2025

February marked a groundbreaking month for MENA’s startup landscape, with an impressive $494 million raised across 58 deals—almost five times more than last year’s total for the same month. While Saudi Arabia dominated with $250.3 million accrued over 25 deals, the UAE and Egypt followed suit with $203.5 million and $27.5 million respectively.

Debt Financing Dips In February

Unlike January, where debt financing took the bulk of investments, February saw it drop to just 15% of total funding. The exclusion of debt reveals a staggering 371% increase in investment activity, highlighting a promising shift in financial dynamics.

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Industry Leaders And Rising Sectors

Fintech emerged as the leading sector, delivering $274 million over 15 deals. Insurtech and logistics took the next spots, with $55 million and $28.5 million respectively. This upswing showcases both sustained interest and escalating financial backing for key tech industries.

Regional Contributions and Gender Disparities

B2B models attracted the most attention in February, garnering $191.6 million through 33 transactions. However, gender disparities remain, as startups led by male founders bagged 87% of the total investment. Despite the progress, this underlines the need for more equitable funding allocations.

For further insights into startup ecosystems, explore how Cyprus is setting new records in global startup growth.

UnitedHealth Removes DEI Mentions From Website Amid Growing Shift In Corporate Policies

by THEFUTURE.TEAM

March 27, 2025

UnitedHealth Group has significantly reduced its public focus on diversity, equity, and inclusion (DEI) by removing related content from its website.

The reasons for these changes remain unclear, and it’s uncertain whether the removal signals a shift in the company’s policies or simply a change in the language used. A UnitedHealth spokesperson, Tyler Mason, commented that the company continues to support a collaborative environment and mutual respect, which remain integral to its culture and mission to expand access to healthcare services.

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The move coincides with a broader trend among major corporations, especially in the tech industry, retreating from DEI programs. This shift is partly in response to executive orders from the Trump administration targeting DEI initiatives in companies receiving federal funding. Some tech giants, including Google and OpenAI, have already scrubbed DEI-related content from their sites.