Since 2016, regional entrepreneurs have been transforming the MENA AI landscape with a steady stream of startups each year
AI has already begun changing every-day business operations, with corporations turning to generative AI for a good share of mundane daily tasks. Dependency on AI increases as the technology develops. Consequently, it is the pivotal time at which the market for Artificial Intelligence can be grown, spelling out a major opportunity for entrepreneurs in the region. This report serves as a comprehensive guide for AI startups and funders, exploring existing AI startups in the region in terms of services, features, and funding. The report answers the following questions:
• Which countries in the MENA region have funded artificial intelligence startups?
• What is the investment process when starting an AI startup?
• What is the investment amount achieved by each existing AI startup and by country?
• Who are the investors helping fund the AI startups in the market?
• What are the specific products and services provided by these funded AI startups?