Home » Egypt Investors »


|| Egyptian VC firm Ideavelopers invests in group buying website

vc egypt deal websiteThe Egyptian venture capital firm Ideavelopers just announced leading a Series A investment round in group buying site Offerna.com

Ideavelopers is a venture capital firm and a subsidiary of EFG-Hermes, the Egyptian private equity firm. The firm manages a $50 million fund focused on early stage technology companies. According to their website, they have invested over $25 million in 17 companies operating inside and outside Egypt. The terms of this deal is not announced. Abdullah Assal is the founder and CEO.

To see a list of venture capital firms from the Middle East check our Middle East Investors Directory

More details follows



Previous Post: Abu Dhabi investment firm Mubadala helping Sony for EMI bid
Next Post: UAE private equity firm TNI successfully exits its investment in Depa

More from Egypt Investors ...


  Arab investment firm EFG Hermes invested $208 million in French wind energy firm

  Link Online acquires web portal Arabia.com

  Egypt's Weather II Investments acquired stake in Canada gold miner for $493 million

  Egyptian VC firm Ideavelopers invests in group buying website

  Egyptian VC Sawari Ventures invests in two companies

  EFG Hermes launched $300 million Syrian private equity fund

  Citadel Capital acquired 49% stake in Sheltam Railways Company

  PepsiCo Joint Venture Acquires Egyptian Dairy and Juice Company

  Egypt's Beltone and Pioneers to form the largest Middle East investment bank

  Egypt investors acquired stake in UK gold miner company for $3.1 million




|| About Us

Established in 2007, DubaiBeat.com provides insight, analysis and research on Middle East investors.

We cover different asset class investors like private equity, venture capital, hedge funds and real estate investors from the Middle East and broader MENA region.


|| Subscribe















Copyright 2007-2021 DubaiBeat.com    Sitemap  |  Terms  |  Privacy Policy

Follow us: RSS Feed   Facebook    Twitter