Screenshot Abraaj Capital Group announced today that it agreed to acquire all of Riyada Ventures the leading venture capital firm in the MENA region. The acquisition is at the core of a major new push by Abraaj into the small and medium enterprise (SME) space, which is aimed at stimulating and supporting entrepreneurial activity in this vital segment of t...
Screenshot Update: The rumored price was for Maktoob Wslaat acquisition. Launched last year, Mrrha which was founded by Mahmoud Elmasoudy and his brother from egypt right from there home, allows you to upload your files synchronously on the Internet and send (mirror) them to the most famous file uploading services, the site was acquired by the Emarati...
Screenshot 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...
Screenshot Our friends at QRCE along with other partners have organized an entrepreneurship week. The week started this Sunday with interesting speakers including Joi Ito CEO creative common and early investor in Twitter, Reid Hoffman founder and CEO of LinkedIn , Mitchell Baker Chairwoman of Mozilla Foundation,, Laith Al-Qaem CEO, Arabian Business Cons...
Screenshot Creative Commons (CC) the equivalent body to open source software foundations but for content has finally launched its Amman chapter. The launch was part of CC first Salon in Jordan and in the Arab world which took place Talal Abu Ghazaleh business Forum. The forum also focused on how CC could be applied to business, artistic, entrepreneurial a...
Screenshot ArabCrunch Broke at the global level that Yahoo Acquired Maktoob, today it was announced that the deal was completed on Thursday noon. Yahoo's acquisition of Jordan based Maktoob is the first major investment by a US tech company in the Arab region. As we said before this is a game changer to the startups and the tech scene in the region, a...
Screenshot After many days of hard work, after over a year of full time dedication to help startups and techies like you, today AC reached a major milestone: ArabCrunch.NET First Online Social Platform in the Arab World focused on Startups & The Technology Industry. With this announcement, the social platform, was what you the passionate startup and tec...
Screenshot Google makes most of its money via Adwords, but not much on Mobile ads, AdMob that was founded by Syrian Entrepreneur Omar Hamoui, was the king. This a one of the biggest success for Arab entrepreneurs with an excite at $750 Millions AdMob total funding was around $47 millions. To know more about the deal read our friends post at TechCru...
Screenshot Jordan is relatively poor in conventional energy resources and is basically a non-oil producing country, it has been a pioneer in using solar energy, since the 80s tens of thousands of homes has been using solar energy to heat water and many local companies has been investing in that field. Recently The energy center of the University of Jo...
Screenshot As7ab which means Friends in Arabic is one of first  Arabic social networks owned now by Yahoo! Maktoob, the social network  was launched around 2 years ago by Maktoob, since then it has been adding features gradually. The new features As7ab has added is alerting users of people who work at the same company or study at the same school. I...

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