Archive for the ‘VC & Capital’ Category


Screenshot In his "famous" Cairo speech in 2010, US president Obama made a promise for a new beginning with Muslims. While many observers call it a new conspiracy or decoy under the banner of "help," others call it a genuine one for a new beginning. Among the pillars of his promise is to help foster entrepreneurship and tech innovation in the Muslim world. W...
Screenshot What might be worrisome for Arab online activists that Twitter might collaborate with Arab oppressive regimes after Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, and Kingdom Holding Company (KHC), announced today, Monday, December 19th 2011, a combined investment of $300 Million in Twitter. Prince Alwaleed has a strong presence and influence ...
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 Saudi Telecom Company (STC) Group announced its investment in a new Venture Capital Fund which specializes in start up, small, and medium sized companies operating in the field of telecommunications and IT in the Saudi market as well as other international markets. STC Group will invest an initial amount of $50 million that is self financed making...
Screenshot Preston & Walker Pte Ltd. singapore based investment firm is offering 1 Million USD for the most promising business plan with a global scope. "Our aim really is to look for the next big thing - whether it is an idea to generate more jobs, to change the way the game is played in a specific industry, to create a more socially responsible world -...
Screenshot Ideavelopers, managers of the Technology Development Fund (“TDF”) and is a subsidiary of EFG-Hermes, recently lead a Series A investment round in Offerna, Egypt’s first group buying site. Established in March 2011, Offerna provides its customers with deals that feature discounts of 50-90% for various products and services, in return guaran...
Screenshot Maysalward announced today that is has received investment round from Turkish venture capital firm Timar Ventures. Maysalward is one of the first if not the first mobile games developer in the Arab region. It was founded in 2003 in Jordan with offices in Amman and Irbid. Maysalward has a portfolio of 35 mobile games and 20 online games with...
Screenshot It seems folks at Oasis500 are boycotting ArabCrunch, they do not send us their news nor invite us to their press events, even after repeated calls from our side! In a press release handed to the media Oasis500 the second accelerator program after Meydan in Jordan announced that it has secured a USD 1 million investment from TIMAR Ventures, a Tu...
Screenshot Two Jordanian startup who were incubated in Jordan based startup accelerator Oasis 500 have secured investment rounds. Masmoo3 turns Arabic books into Arabic Audio formate available through several channels such as Apple’s App store, Google Android, Windows Mobile 7, web and others, while Dakwak reviewd by AC in July 2010 offers websites crow...
Screenshot Amman, Jordan based Noqoush Mobile Media Group, the Arab company specialized in mobile advertising and mobile media monetization, reported that it has closed first 3 million US dollar investment round. In a press release the company stated that a group of Arab and Foreign angel investors lead the round but did not disclose who ( we will try to g...
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