About Author:

Name : Gaith Saqer
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Founder of ArabCrunch find him on Twitter @gaithAR http://twitter.com/gaithAR

Posts by Gaith Saqer:


Screenshot Zameen.com, Pakistan’s leading property portal, has closed a venture round with Singapore-based Catcha Group and Frontier Digital Ventures. Following this deal, both Catcha Group and Frontier Digital Ventures have acquired a substantial but non-controlling interest in Zameen.com. Zameen.com was founded in 2006 by two Pakistani entrepreneur ...
Screenshot [caption width="469" align="alignright"] Bey2ollak[/caption] Bey2ollak is a Cross Platform crowed sourced Mobile application for people to exchange info about traffic that uses the power of crowd-sourcing, social interaction, localization as a why to help user in navigation and avoiding trafic jams in Egypt. AC wrote about Bey2ollak before here...
Screenshot There are a very few Bitcoin ATMs in the United States, and many more worldwide but for the Arab world until recently there has been non. For those who do not know what Bitcoin is, it is a cryptocurrency that is P2P and is not controlled by any central authority. Sergey Yusupov co-founder of umbrellab a bitcoin software company posted on T...
Screenshot Another sad and bad news for troubled Egypt, Intel is closing its offices in Egypt and firing all employees according to sources in Egypt. Intel confirmed the news and said its closing its R&D and engineering unit in a statement sent to the media Intel said that it is committed to the Egyptian market and the decision have nothing to do wit...
Screenshot Mark Zuckerberg CEO of facebook just announced that facebook is acquiring virtual realty startups Oculus VR with plans for the future of mobile and connectivity. the deal is for around $2B in cash and stock. This includes $400 million in cash and 23.1 million shares of Facebook common. Here what Mark wrote about this news: “I'm excited ...
Screenshot Procured Health, a startup that offers help to hospitals better discover, evaluate and adopt quality medical device has raised $4 million in Serias A funds from health care-focused firm FCA Venture Partners. Procured Health is cofounded by Egyptian entrepreneur CEO of the company Hani Elias, it also previously raised $1.1 million in seed fun...
Screenshot Souq.com, the largest e-commerce platform in the Arab region or the Amazon of the Arab world, has secured US$75 million (AED 275.5m) in an additional round of funding from existing investor Naspers Limited. This round of funding brings the total amount raised by Souq.com to US$150 million (AED 551m) - the largest amount raised by any Internet-based...
Screenshot Marking the 10th anniversary of the killing of Hamas spiritual leader Shiek Ahmad Yassen by “Israeli” army, the military wing of Hamas Ezz Al Deen Brigade launched a physiological attack on “Israel” by sending threating SMS messages to high ranking “Israelis” and foreign reporters in occupied Palestine including the “Israeli” def...
Screenshot If you open TechCrunch you will read investment news almost everyday, in the Arab world that is not the case, We have many early and seed stage startups but not much VC activities in the region for early and growth stages. So our news today is about  Webedia, a major French Media group editing leading websites such as Purepeole or Puretrends,...
Screenshot E-commerce is booming in the Arab world, as we have many companies and startups running e-commerce businesses. However the leader in that space is souq.com. According to sources for to Arabic tech blog one has, Amazon is currently negotiating an acquisition deal with souq.com. Souq.com started as an auction site like ebay around 2005 and then...
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