Zynga which owns the most popular games on Facebook such as farmville and city Ville was sued by an Abu Dhabi-based investment firm that claims it is being denied the chance to purchase a stake in the company - according to Bloomberg.
Alpha Investment has a contract to buy one million shares of closely held Zynga from Andrew Trader, a former exe...
Foursan Group, Jordan based private equity firm, announced yesterday the launch of its second fund, Foursan Capital Partners I (“FCP”), a multi-country, multi-sector private equity fund targeting investments in accelerated growth companies in Jordan and surrounding countries in the Levant and North Africa (Belad Al Sham and Al Maghreb Al Arabi...
Following Yahoo! acquisition of?Maktoob?and Noupe Acquisition by Smashing magazine, I was tipped from a VC friend of mine of another good news for the Tech industry in Jordan and the Arab world in general. As of 10 days ago, Bahrain based private Equity firm, GrowthCapital announced that it acquired 30% of? Amman, Jordan based?Rubicon.
Rubic...
This year is witnessing a growing array of people and companies entering the funding space for tech startups and companies in the Arab region, with Intilaq from Bayt.com and others who we will announce about them soon on ArabCrunch. And as of today Evolveplus based in Amman, Jordan has entered this space.
Evolveplus is a holding company that c...
Follow us:
By
