Oasis500, the MENA region focused early stage and seed investment program, has announced two new investment deals for Jordanian startup companies Dakwak and Masmoo3 from its first Angel Investment event, and that the program has also signed a partnership agreement with Akhtaboot. Dakwak, the startup behind a tool that enables websites to translate their content [...]
Noqoush Mobile Media Group, an Arab mobile advertising and mobile media monetization startup, announced concluding its first 3 million dollar investment round a couple of weeks ago. In a press release, the company stated that a group of Arab and Foreign angel investors invested in its technical capabilities and future visions aiming at developing a [...]
National Net Ventures, better known as N2V, and one of the top internet groups in the Middle East, have been on an investment roll lately, announcing three new investments in regional startups within the past couple of weeks alone. The three startups cover three different areas, following N2V’s strategy to diversify their portfolio of internet properties and [...]
The World Economic Forum in Marrakech yesterday witnessed some really interesting news from Intel Capital, which announced 3 new investments in the Middle East; UK-Lebanon based Nymgo, as well as Jordanian companies Jeeran and ShooFeeTV. This investment marks a second round of investment from Intel Capital in both Jeeran and ShooFeeTV (both also IV Holdings [...]
Dubai Silicon Oasis, the integrated free zone technology park, has launched a new big project in the UAE, the ‘DSO Technology Incubator’. The incubator’s goal is to support new start-ups and encourage entrepreneurs in the field of technology by stimulating the development of successful companies, and chart a new avenue for investment in technology in [...]
Middle East Venture Partners (MEVP), has announced their three first investments in Lebanese-based companies: Pin-Pay, iLevel, and Multilane. This round of funding from MEVP is meant as a growth investment in these companies to assist them in pursuing regional growth and development plans in addition to extending their product offerings.
Berytech Fund, the Beirut-based seed capital fund, just announced a new investment in Dermandar, a Lebanon based technology startup focused on online digital image processing; acquiring a 35% stake of the company through the deal. Dermandar (Arabic for all around), is a company that has developed online software that automatically creates panoramic pictures in a [...]
National 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 [...]
The Board of Directors of the Overseas Private Investment Corporation (OPIC), an agency of the US government that invests in businesses in emerging markets, has approved a total of $455 million in financing to support the establishment of five private equity investment funds designed to invest in companies in the Middle East and North Africa [...]
Middle East Venture Partners (MEVP), a Middle East focused venture capital firm that was launched last year with the goal of covering the early and growth stage funding space in the region, just announced the first close of US$10 million of their new fund, Middle East Venture Fund L.P. (MEVF). MEVP’s fundraising goal is to [...]
