Posts Tagged ‘VC & Capital’


Screenshot Wamda Capital which is backed by the American government has raised a $55.7 million venture fund to invest in the Arab world, according to an SEC filing. The target for Wamda MENA Ventures I is $75 million. The money has come from 26 LPs, the filing shows. Wamda chairman is the Jordanian Fadi Ghandour founder of Aramex and its CEO is...
Screenshot Wysada, the leading luxury online retailer of home goods, décor and interior furnishings in the Middle East, today announced it has completed a Series A investment round of over $5 million. The round was led by Badia Impact Fund, a venture capital fund belonging to Silicon Badia, a global group of venture funds based in New York City and Jordan,...
Screenshot Middle East Venture Partners (MEVP) has announced that it made 5 new investment in 5 new startups. The startups are" Mobinets raised $3M, Series B, Fuel Powered raised $2M, Series A, FADEL Partners (Undisclosed, Series A), Klangoo raised $1.5M, Series A, Bookwitty ($4M, Series B) closing soon. Here is a quick bio of each of those startups: ...
Screenshot Arabreneur, a pan-Arab initiative that seeks to create an enabling ecosystem for young Arab entrepreneurs, today announced its second cycle of investments in three high-growth Palestinian start-ups. The announcement was made on the sidelines of the ArabNet Digital Summit 2014 currently underway at Atlantis – The Palm in Dubai. The three...
Screenshot iMENA Holdings, an integrated and actively managed group of leading online businesses in the MENA region, announced that it invested in OpenSooq.com, a leading Arab world online classifieds business that offers its users the ability to buy and sell products and services online through online classifieds postings across many categories including...
Screenshot Dakwak, a website translation technology provider, has secured a $100,000 investment from 500 Startups in a second round of seed investment. In addition to the investment, Dakwak will be joining 500 Startups Accelerator Program (Spring batch 2013), which is one of the top 5 accelerator programs worldwide! Dakwak’s team has headed to the...
Screenshot Kingdom Holding Company (KHC), chaired by Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud , led a consortium of investors advised by QInvest LLC, Qatar's leading investment bank, for the acquisition of a strategic stake in 360buy Jingdong Inc. for the value of $400 Million. The investment by KHC in this deal was approximately $125 Million. Th...
Screenshot Jordan Amman based startup accelerator Oasis500 has concluded its 10th startup boot camp in collaboration with the British embassy in Jordan. Out of 350 applicants 65 entrepreneurs where selected to take part of the boot camp 15 of those being from out side Jordan. The startups that participated covered a wide range of fields including com...
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 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...
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