N2V Announces Investment In Emirati Startup Yebab

| Aug 23, 2010 | comment 1 Comment

YebabNational Net Ventures N2V, one of the top internet groups in the Middle East just announced its investment in Yebab.com, the Arab portal specialized in organizing wedding celebrations in the United Arab Emirates.

Rashid Al Ballaa, CEO of N2V, stated that the project comes in line with the group’s current and future plans to expand its presence at the regional and the international levels. The plan is obviously to enhance the portal’s growth and presence, expanding it into other Arab Gulf countries, and the rest of the Middle East region, establishing it as the most trusted wedding directory in the Arab world.

Yebab.com, which was launched from the UAE in 2009, has proven really successful in the UAE, becoming a leading portal providing a directory of wedding services in the country; including listings for the various suppliers and services from caterers to dressmakers, artists, photographers and traditional musicians. The site shows strong potential to perform just as well and more in other markets around the region.

Yebab co-founder, Murshed Mohamed said that this investment will enable the team to improve the service and upgrade its quality for users

N2V who also hold HawaaWorld.com in their portfolio, see a big possibility of establishing a seamless integration between the two services, in order to offer bigger value to Arab women online.

This investment in Yebab comes as part of N2V’s new investment program that targets early and growth stage web ventures around the region, mainly Saudi Arabia, UAE, Jordan and Egypt.

National Net Ventures (N2V) is an internet holding company, whose core business is to develop online and interactive web-based ventures. N2V invests capital in a variety of ventures from startups to more established companies; also offering infrastructure, resources, experience and know-how to these companies to accelerate their growth.

The amount of the investment hasn’t been disclosed publicly.

  • Equity Finance

    نحن مستعدون لتمويل مشروعك. نحن نقدم حزم مالية مرنة لمشاريع مختلفة مثل * توحيد الديون * بدء الأعمال التجارية ، * توسيع الأعمال التجارية ، * شراء العقارات التجارية ، * الحصول على الأعمال التجارية ، * تنفيذ العقود ، الخ الموافقة على إعطاء من خلال تمرير الإجراءات المعتادة والرسمية. نحن على استعداد لتوفير التمويل لما يصل إلى 50 مليون دولار أمريكي أو أكثر اعتمادًا على طبيعة العمل. إذا كنت مهتمًا بذلك ، فنحن نرغب في إرسال خطة العمل الشاملة والاستفسارات إلى Dr. whitehead ، البريد الإلكتروني: equityfinancing@outlook.com لفريقنا من خبراء مراجعة الاستثمار. لمزيد من المناقشة ، اتصل بنا على whats-app +1 (423) 446-3787

    فيما يلي ملخص عن المحفظة الاستثمارية:
    يفتح الموقع ل: رجال الأعمال والشركات والمستثمرين
    نوع التمويل: قرض الاستثمار
    معدل التمويل: 2.5 ٪ معدل الفائدة سنويا
    المدة: 5 سنوات – فترة تجديد

    We are ready to finance your project. We offer flexible financial packages for various projects such as * Debt consolidation * Business Start-up, * Business Expansion, * Commercial Real Estate purchase, * Business Acquisition, * Contract Execution, etc. Approval are giving by passing the usual and formal procedures. We are willing to provide financing for up to 50 Million USD and above depending on the nature of business. If interested, We would like you to send your comprehensive business plan and inquiries to Dr. James whitehead, email: equityfinancing@outlook.com for our team of investment expert review. For further discussion, contact us on whats-app +1 (423) 446-3787

    Below are brief on the Investment Portfolio:
    Placement Opens to: Entrepreneurs, Corporations and Investors
    Funding Type: Loan Investment
    Funding Rate: 2.5% Interest Rate per annum
    Duration: 5 year – Renewable tenure

Sign up for StartUpArabia news sent to your inbox:
Subscribe: Feed