Report: In the Middle East, $704M was invested across 564 different startups in 2019, compared to only $15M in five venture deals in 2009 (Damian Radcliffe/ZDNet)

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Damian Radcliffe / ZDNet:

Report: In the Middle East, $704M was invested across 564 different startups in 2019, compared to only $15M in five venture deals in 2009  —  The coronavirus is having an impact, but the Middle East’s startup scene is showing some unexpected trends.  —  At the end of last year, the Middle East’s startup scene was on the up and up.