MEVP (Middle East Venture Partners) one of the leading and active Venture Capital firm in the Arab market has announced that it closed several investment rounds with the following companies at an average ticket price of $ 600,000:
Series A in Jordan based Gate2Play.com
Gate 2 Play is a specialized end-to-end e-payment aggregator, addressing ...
The Egyptian revolution is achieving its objectives one after the other in the hard way, with paid souls and blood in the long march for justice, freedom and Independence from domestic and foreign tyranny and conspiracy.
However, Egyptian economy is not doing well. Egypt has a high level of poverty rates, around 40%, its economy is dependen...
Competing for $40,000 and six scholarships to the university of Sharajah in UAE, 120 promising Arab students and scientists concluded their participation in the 2nd Annual Intel Science Competition at an award ceremony help last night in Sharjah under the patronage of Dr. Sultan Al Qasimi, member of the UAE Supreme Council.
Anas Eshtaya...
Intel Corporation made its first acquisition in the Arab world, today it announced through its standalone business entity Intel Mobile Communications, that it has acquired most of the assets of SySDSoft, a privately held software company based in Cairo and hired approximately 100 of the company’s electrical engineers and computer scientists. ...
Around 10 days ago ArabCrunch had a meeting with Barig Seraj the CEO of ICT Ventures a Saudi based Venture capital firm.
Barig Seraj informed us about his company and his recent investments, ICT Ventures is a growth based VC that focus in the IT sector. The VC firm made 3 investments so far. First in Mobidiv an Egyptian mobile app develope...
I am happy to have Spirula Systems as our servers admin partner, I recommend them to anyone, here is the press release for immediate publishing:
Amman, Jordan - Alexandria, Egypt. ArabCrunch - the number one tech, startup social media and mobile a English & Arabic blog, social network, and events in the Arab world - announces today formi...
After Yahoo acquired Maktoob last year, many of Maktoob group companies were merged under one independent brand called Jabbar. Somehow similar precedence happened with Orascom Telecom's LinkDotNet 150 million USD buyout to Mobinil, but at a larger scale.
Orascom Telecom which is one of the largest tech and telecom groups in the Arab world, ha...
Capinnova Investment Bank, the Shari’a compliant investment banking arm of BBK (Bank of Bahrain and Kuwait), announced 2 days ago a minority investment of $20 million in EBLA Computer Consultancy.
EBLA was established in Kuwait in 1993, and currently has subsidiaries in Qatar, UAE, Saudi Arabia, and Egypt and branch offices in Syria, Jorda...
Another Investemnt round made recently in the tech sector in Arabia as Intel Capital, Intel Corporation's global investment subsidiary, announced yesterday an investment in NeuString, a UAE-based telecommunications analyst software company. With this investment Intel Capital total investment in Arab based companies this year, totals to six, fro...
Sakhr one of the oldest Arabic software companies, founded in 1982 has acquired Silicon Valley based startup, Dial Directions , a voice-activated phone service for driving directions.
I remember the first PC I used in my life was from Sakhr back in the late 80s, running its own property Arabic Operating system, where I used to play games. But du...
Follow us:
By
