Posts Tagged ‘Venture Capital’


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...
Screenshot In a press conference today in Amman, Jordan ,Oasis500 a startup accelerator announced the first two investments resulting from its first Oasis500 Angel network event. Where tow Jordanian startups MarkaVIP and Wheels Express, have received funding "investment". MarkaVIP a flash shopping website targeting the Arab region and compete with Jab...
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 2 days ago Middle East Venture Partners (MEVP) has announced 3 new investments in 3 early stage startups these companies are: Body & Soul based in Lebanon Manufactures and exports natural and organic personal care products. Droid Shield Based in UAE is a cloud based Android focused remote device management and control solution...
Screenshot It is not a jock Obama's administration plan for "entrepreneurship" in the Muslim and Arab world, as the U.S. government Overseas Private Investment Corporation (OPIC) approved recently a total of $455 million in financing to support the establishment of five private equity investment funds. We  have gathered  data about the U.S. federal ...
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 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 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...
Screenshot As a followup to our last post about Zain's Jordan launching Ibda3 a startup incubator Dr. Abdul Malik Al Jaber CEO of Zain Levant Region along with Reem also from Zain were kind  to answer via email our questions and provide more information about the program: AC: What type of support you provide the startups? funding? resources what type?...
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