Archive for the ‘VC & Capital’ Category


Screenshot TechHub is a new physical coworking space that also plans to hosts events and some how a hackspace that is about to launch in London on the 12th of July. The hub is located in London’s Shoreditch neighbourhood, dubbed "Silicon Roundabout", an area rich in digital start-up companies. TechHub Offers annual membership at £300 +VAT in return membe...
Screenshot Saudi Arabia based N2V, the holding company of successful Arab Internet brands such as OneCard an e-paymant method that comepetes with Jabbar's CashU, Net Advantage one of the largest online advertising network in the Arab world and JEEL a web hosting company Saudi Arabia, Mubasher.info a financial portal, Hawaaworld.com women online community and...
Screenshot Middle East Venture Partners (MEVP) today announces the first close of US$10 million of a new fund, Middle East Venture Fund L.P. (MEVF). Targeting over US$20 million, MEVP is a Middle East focused venture capital firm that invests in the early and growth stages, primarily but not exclusively, Lebanon and the greater Levant region. MEVP will ...
Screenshot Ras2ras.com, a social rating platform from Yemen was acquired by an investor from Qatar for an undisclosed amount. Ras2ras.com, which was founded by Amad Almsaodi in 2008, is built around a very simple yet really interesting idea: putting any two comparable things against each other, and letting people vote on which they like best. In a  pr...
Screenshot Arab Sovereign Funds are becoming more active investing in Media and IT companies around the world, on thursday Libyan Investment Authority (LIA) has made an investment in Pearson Publishing the owner of Financial Times. LIA bought 3.01% stake in Pearson for $324 Million, making it the 3rd largest share holder. Pearson is listed in the London and ...
Screenshot For some it is a sad day, for others it is a new endeavor, today Indian conglomerate Bharti has officially closed its deal with Kuwait based  Telecom operator Zain, with its acquisition of all Zain’s mobile operations in 15 countries across Africa for an valuation of USD10.7 billion. Zain’s African covered 15 countries with a total cust...
Screenshot The Massachusetts Institute of Technology (MIT) Arab Business Plan Competition, which is the equivalent of MIT 100K Entrepreneurship Competitions in Boston, has today announced  this year winners. The Little Engineer from Lebanon won the first place and 50,000 USD, BioBusiness from Egypt is the first runner-up with a $15,000 prize , while A...
Screenshot Update: here is the list of the board of directors: Usama Fayyad, Ph.D. Emile Najib Cubeisy Managing Director of IV Holdings, Ambassador Karim Kawar, President of Kawar Group, Nashat T. Masri, Founder and Partner of Foursan Group, Hussam Khoury ex-President and co-founder of Maktoob Inc, Aiman Mazahreh President of STS, Walid Tahabsem, Pres...
Screenshot Since years Location based services (LBS) has been a hot topic that did not take off until recently. There were many attempts to tap into this market from brightkite to ArabCrunch demo 09 demoer wenear to Yahoo it self with fire eagle. Many experts agree that location based and intention based advertising is the next big multi billion dollar ...
Screenshot Following the news of Dice  holdings -which owns the well known tech jobs websites Dice- acquisition of Dubai based, Wordlwideworker for 6 million USD, we made a followup Interview with Worldwideworker CEO Frederik Rengers, to tell us more about his company and the acquisition. Thanks Fredreik for your time and I hope it will be a benefit for ...
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