Archive for the ‘Startup News’ Category


Screenshot The Bedaya Business Angel Network, in cooperation with El Hassan Business Park in Amman Jordan announced its latest start-up business to successfully secure angel investment through Bedaya’s networks. These investments in Mixed Dimensions, a leading provider of technology and tools for interactive entertainment developers, hope to ensure the ...
Screenshot E-commerce is hot in the Arab world and now it is taking off after several years. Last year group buying site GoNabit which was founded in UAE was acquired by LivingSocial for a price around $10 million. Today brings a news of another milestone for e-commerce in the Arab world, MarkaVIP Amman, Jordan based flash shopping site has secured investm...
Screenshot At AC we have been receiving invites from a site called mawwell.com which says it would be the first crowed-funding platform in the Arab world aimed at creative, artistic, innovative, scientific, sports related, green project. Though we could not get much information about the platform here what it says: " Project creators will keep 100% o...
Screenshot Facebook CEO Mark Zuckerberg announced on facebook that his company is acquiring iPhone and Android popular photo sharing startup Instagram. Mark did not say how much was the price, Update: the price is $1 billion in a combination of cash and shares of Facebook according to facebook announcement. but he said unlike other facebook acquisitions...
Screenshot Middle East Venture Partners (MEVP), has announced five new rounds of investments.   Anghami.com: “ Unlimited Music for your ears” got seed funding The startups is Mobile music and web music streaming service targeting the Arab World with premium Arabic and foreign music content. A Turkey based VC is investing alongside MEVP in this round....
Screenshot Mubawab , operating 17 local country websites across the Middle East and North Africa, announced today that it has received $850,000 in funding from Grupo Intercom, One of Spain’s l Web consortium, as well as from international business angels, to further develop classifieds portal for the Arab region. Well-known Web brands emerging from Spain ...
Screenshot News surfaced end of last month that Saudi based Kammelna Games! has been acquired by Turkish game developer Peak games! a maker of social games. Sources familiar with the matter has confirmed to ArabCrunch the deal and said the price tag was 10 million USD in cash and stocks. Kammelna is a web based card games popular among Saudis...
Screenshot Spam is a major problem that the internet suffers from, to fight spam websites uses captcha when submitting a form or registering for an account. Up until now Capthca has been using random English letters that a users needs to submit in order to go to the next step in registration or in posting a comment. But few days ago, UK based Hsoub launch...
Screenshot Saudi based National net ventures (n2v) has announced that it invested in Mjalati. The startup offers multiple online Arabic magazine-networks for women, lifestyle, and business. The company was an internal startup project inside N2V founded and managed by Haitham Massoud from Jordan. Ahmad Takatkah,  Early stage Investment Director at N2V, co...
Screenshot Jordanian gaming developer Quirkat has launched MENA Speed (Sur3a) on Sony Play Station, the company says the game works with both PSP and PS3. "MENA Speed is the first drag race game with tracks in major cities across the Middle East, pumping adrenaline with screeching tires and burned rubber across the roads of Dubai, Amman, Kuwait and Ca...
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