Posts Tagged ‘funding’


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 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 National Net Ventures (N2V), one of the top leading t Internet Holding companies in the Middle East, announced today its investment in True-Gaming.net, a video games portal geared to the Arabic market. We do not know how much did N2V invested in true-gaming.net or whether this investment is part of its early stage investment package to star...
Screenshot 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...
Screenshot Update: Oasis told us via Twitter that non jordanian "should work and establish their company inside Jordan!" In June Former Chief Data Officer of Yahoo Dr. Usama Fayyad and current Chairman of Arab portal d1g told AC that Oasis 500 a technology startup accelerator in Jordan will launch in August this year. But now Oasis 500 website has ...
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 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 E-commerce is an old school in USA, but in the Arab world it did not really take off for many reasons starting with credit cards are not common to borders and customs between Arab countries that complicate issues further. And because of that, solving a problem in this sector might get you funded as Gate2Play has officially received the first rou...
Screenshot According to a credible source Twitter application twitvid has scored a new round of funding from a number of high profile Arab and American angel investors, as well as Silicon Valley based venture capital firm Draper Fisher Jurvetson (DJF). DFJ, which has invested in startups such as Hotmail (now part of Microsoft) participated in the round...
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