The Middle East is beginning to see a boom in start-ups. This week, e-commerce website Wadi.com secured $67 millionin series-A funding for expansion in the region. This follows news in February of Souq.com securing AED 1 billion ($264 million).
https://english.alarabiya.net/en/views/news/middle-east/2016/04/10/Mideast-start-ups-booming-but-for-how-long-.html
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