Venture capital firm Sawari Ventures announced its launch, as well as initial investments for its first fund in two companies: Alzwad Mobile Services and Vimov.
The fund is sponsored by Naguib Sawiris, chairman of Orascom Telecom. Ahmed El Alfi is its Founder & Chairman, Hany Al Sonbaty its Co-Founder and Managing Partner, while Leslie A. Jump is another Partner from Washington.
Sawari Ventures is listed in the Middle East Investors Directory with the code SIN43.
More details from their release follows
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