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MENA Unicorns — March 2026

Last updated on 06 March 2026·Middle East

What are the unicorns of the Middle East?

There are now nearly 30 tech companies valued above $1B in the Middle East (excluding Israel which is a global tech ecosystem on its own).

Nearly half of all MENA unicorns is still private (like Tabby, Ninja, Insider, or Papara)

Most private unicorns is based in 🇦🇪 the UAE (42%), 🇸🇦 Saudi and (25%) 🇹🇷 Turkey (25%)

Methodology: this ranking includes both exited and still-private tech companies in the MENA region, as of March 2026. It excludes government-owned consulting institutions like Elm or solutions by stc. It also excludes Israel-HQ companies (which is a large tech ecosystem on its own). Most valuations are last reported or recently rumoured.

On ZIRP-era valuations: we exclude companies whose latest reported valuation would be most likely enough to hit the list, but which are expected to be now valued significantly lower.

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1	noon	🇦🇪	$10.0B			🚀 Private
2	Tabby	🇸🇦	$4.5B	$0.3B	14.1x	🚀 Private
3	Getir	🇹🇷	$2.5B	$0.8B	3.1x	🚀 Private
4	Insider	🇹🇷	$2.0B	$0.2B	10.0x	🚀 Private
5	Moove	🇦🇪	$2.0B	$0.4B	5.0x	🚀 Private
6	Kitopi	🇦🇪	$1.6B	$0.3B	4.8x	🚀 Private
7	Ninja	🇸🇦	$1.5B			🚀 Private
8	XPANCEO	🇦🇪	$1.4B			🚀 Private
9	Papara	🇹🇷	$1.0B			🚀 Private
10	Salla	🇸🇦	$1.0B			🚀 Private
11	Tamara	🇸🇦	$1.0B	$0.3B	3.3x	🚀 Private
12	MNT-Halan	🇪🇬	$1.0B	$0.3B	3.3x	🚀 Private
13	Andalusia Labs	🇦🇪	$1.0B			🚀 Private
14	The Open Platform	🇦🇪	$1.0B			🚀 Private
15	Foodics	🇸🇦				🚀 Private
16	Mal	🇰🇼				🚀 Private
17	Trendyol	🇹🇷	$16.5B	$4.3B	3.9x	🤝 Acquired
18	Dream Games	🇹🇷	$5.0B	$1.5B	3.3x	🤝 Acquired
19	Careem	🇦🇪	$3.1B	$0.4B	7.8x	🤝 Acquired
20	Deribit	🇦🇪	$2.9B			🤝 Acquired
21	Network International	🇦🇪	$2.8B	$0.5B	5.7x	🤝 Acquired
22	Property Finder	🇦🇪	$2.0B			🤝 Acquired
23	Peak Games	🇹🇷	$1.8B	$0.6B	3.0x	🤝 Acquired
24	Huda Beauty	🇦🇪	$1.2B	$0.3B	4.0x	🤝 Acquired
25	Magnati	🇦🇪	$1.2B			🤝 Acquired
26	Dubizzle Group	🇦🇪	$1.0B			🤝 Acquired
27	Kelix Bio	🇦🇪				🤝 Acquired
28	Presight AI	🇦🇪	$5.0B	$0.6B	8.3x	📈 Public
29	Talabat	🇰🇼	$3.8B	$1.7B	2.2x	📈 Public
30	Rasan	🇸🇦	$2.6B	$0.1B	27.4x	📈 Public
31	Space42	🇰🇼	$1.6B	$0.6B	2.8x	📈 Public
32	Alef Education	🇦🇪	$1.7B	$0.2B	8.1x	📈 Public
33	Optasia	🇦🇪	$1.6B	$0.2B	8.9x	📈 Public
34	Phoenix Group	🇦🇪	$1.5B	$0.1B	12.8x	📈 Public
35	eFinance	🇪🇬	$1.2B	$0.1B	9.2x	📈 Public
36	Fawry	🇪🇬	$1.0B	$0.2B	5.8x	📈 Public
37	Yalla Group	🇦🇪	$0.4B	$0.3B	1.1x	📈 Public
38	Hepsiburada	🇹🇷	$0.9B	$1.3B	0.7x	📈 Public
39	Jahez	🇸🇦	$0.4B	$0.6B	0.7x	📈 Public
40	BinBin	🇹🇷	$0.4B	$0.0B	32.1x	📈 Public
41	Reeder	🇹🇷	$0.1B	$0.1B	2.3x	📈 Public
42	stc pay	🇸🇦	$1.3B	$0.3B	4.1x	🏘️ Part of stc