Archive for the ‘VC & Capital’ Category


Screenshot Vodafone Egypt has announced that it is launching an investment fund aimed at Internet startups of 20 million EGP. The company said in the a statement according to Egyptian Arabic newspaper Addustor that the fund aims to develop small startups and help develop the innovation ecosystem in Egypt. ...
Screenshot E-commerce was often a neglected sector in the Arab region by both investors and entrepreneurs, as factors such as payment systems were not a match to those in the west while others cited that the Arab user is not ready for e-commerce yet. But the success and acquisition of group buying website GoNabit by LivingSocial has proved that the sector i...
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 The American University in Cairo’s School of Business – Entrepreneurship & Innovation Program is organizing Fekrati a national business idea competition open for Egyptians with a prize for top winner of 50,000 Egyptian pounds. The aim of this competition contribute to the entrepreneurial ecosystem in Egypt by helping the country's next ge...
Screenshot Flat6Lab’s most recent demo Day l was highlighted by an array of announcements one of which was their official induction into the Global Accelerator Network (GAN). GAN is the largest and most prominent network of accelerators in the world. Championed by TechStars, the Global Accelerator Network was created in 2010 under the management of som...
Screenshot Queen Rania Center for entrepreneurship (QRCE) a not for profit organization based in Amman, Jordan and aims to spread entrepreneurship in Jordan has announced yesterday that it launched its 5th business plan competition: Queen Rania National Entrepreneurship Competition (QRNEC.) Unlike last year this year competition is aimed at students at un...
Screenshot In the presence of representatives from Sawari Ventures and the American University of Cairo, School of Business, Entrepreneurship & Innovation Program (EIP), Flat6Labs Cairo based startup accelerator celebrated the end of its second cycle with its teams' Demo Day. In line with the startup accelerator's aims, the event was a final opportunity f...
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 Dubai Silicon Oasis (DSO) free zone technology park established in 2004 in Dubai for the semiconductor, microelectronic and other high technology-based companies looking to set up their regional headquarters and R'&'D facilities in the Middle East and Africa region. The free zone said that it has recorded an increase in its profit by 134% n...
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...
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