Iraq ranked fifth the various maximum funding-attractive nations in the middle East and North Africa (MENA) area in August 2025, according to a current record by Wamda, a platform monitoring startup interest throughout the vicinity.
The file indicated a sharp decline in startup funding all through August, with forty seven startups within the MENA area raising a complete of $337.5 million.
This marks a 57% drop in comparison to the $783 million secured in July, although it nevertheless reflects a 74% growth from the same duration ultimate yr.
Wamda attributed the lower to a market correction following several excessive-fee deals in July. funding activity in August was in large part focused in Saudi Arabia and the United Arab Emirates, with developing interest in assets era (Proptech) and construction era (Contech).
Saudi Arabia led the region, attracting $166 million across 19 deals, accompanied by the UAE with $154 million invested in 11 startups.
Egypt, commonly most of the top three locations for startup funding, persisted its decline for a 2d consecutive month, raising $14.7 million across eight deals.
Iraq, which held 1/3 place in July, fell to fifth in August with a single deal worth $1.5 million. Morocco remained within the pinnacle four investment destinations within the place.
in advance, Iraqi high Minister Mohammed Shia al-Sudani stated authorities efforts to decorate the enterprise surroundings had notably boosted foreign investment. speaking at an event marking the partnership between the international Finance organization and the Iraqi authorities, he noted that Arab and foreign investments had reached $100 billion in certified tasks and organizations already within the implementation section.
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