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Tag Archives: Invests

500 Startups invests in 12 Middle East and North Africa (MENA) startups as part of the second ‘MENA DOJO’ series a program

Silicon Valley based 500 Startups, the most active early-stage Venture Capital firm in the Middle East and North Africa (MENA) region, has announced twelve pre-Series A regional companies participating in the second edition of the MENA Dojo Series A Program following a very rigorous selection process. The startups in this batch include : Eyewa, online glasses and contact lenses retailer; …

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dubizzle invests $1 million in new fashion mobile app ‘Shedd’

Officially launching this month, new mobile-only fashion marketplace app ‘Shedd’ is set to transform the way UAE fashion-lovers buy and sell in their communities. UAE, dubizzle, the leading classifieds website for users in the UAE, has invested $1 million in a new mobile-only fashion marketplace app ‘Shedd’, created by two former employees – dubizzle’s first ever investment on a new …

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Mobily Ventures Invests in Dokkan Afkar

Riyadh – Mobily Ventures, the venture capital arm of Etihad Etisalat (Mobily) , announced an investment in Dokkan Afkar, the E-Commerce startup based in Jeddah, Saudi Arabia. Dokkan Afkar, or ‘shop of ideas’, was founded in June 2012 and commercially launched in June 2013. The E-Commerce store, www.dokkanafkar.com, offers a wide variety of unique products with a strong appeal for …

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twofour54 Invests in Arabic Online Games Developer ‘Falafel Games’

twofour54 , the commercial arm of the Media Zone Authority – Abu Dhabi, has announced that it is investing in Falafel Games , a designer and producer of Arabic Massive Multiplier Online (MMO) games targeting the MENA audience. The current investment was concluded alongside MBC Ventures and Middle East Venture Partners (MEVP) bringing the total cash invested in the company …

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Djibouti invests to become education leader on horn of Africa

University goes live on Oracle e-campus to deliver world-class education The University of Djibouti has implemented a sophisticated software system to help it achieve its ambition to deliver tertiary education to students in countries on the horn of Africa. Sponsored by the Ministry of Higher Education, the University of Djibouti e-campus was unveiled at a ceremony attended by the Djiboutian …

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Jotun Invests in training 34 young Saudis hired at Yanbu Career Fair

Kingdom’s number one paint brand offers excellent job opportunities for talented Saudi nationals Jeddah: Jotun Saudi Arabia recently participated in Yanbu Career Fair successfully engaging the services of 34 young Saudi nationals who are now training for promising careers with the kingdom’s number one paint brand. “Jotun is strongly committed to Saudization and we are making a substantial investment in …

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