Home » Saudi Investors »


|| Saudi angel investor acquired stake in a blockchain startup for $820,000

arabianchain-AhmedAbdullah.jpgSaudi angel Investor Ahmed Abdullah Bugshan, a board member of the Arabian Bugshan Group has invested $820,000 in blockchain startup ArabianChain

ArabianChain, a public blockchain in the Middle east, is founded by Mohammed Alsehli and Walid Messaoudi. It will have two distinct features: DBIX, a cryptocurrency in the region to enable payments and money transfer, and Thuraya, a soon-to-be launched smart contracts programming language in Arabic. (The investor, Ahmed Abdullah Bugshan, is a board member at the Arabian Bugshan Group with interests in construction, electrical, automobiles, cosmetics, real estate and more. He is also the CEO of the House of Invention International.)

To see a list of angel investors from Saudi Arabia similar to Eng. Ahmed Abdullah Bugshan, check the Middle East Investors Directory.



Previous Post: Investment Corporation of Dubai invested $30 million in Ohio nanotech firm
Next Post: Saudi VC firm Raed Ventures invested $1.4 million in Trukker

More from Saudi Investors ...


  Saudi investors of PIF to invest $1 billion in US car maker Lucid (October 2018)

  Saudi investors announced investing in cryptocurrency firm Vertex ICO (September 2018)

  Saudi investor acquired 2.3% stake in Snapchat for $250 million (August 2018)

  Saudi VC firm Raed Ventures invested $1.4 million in Trukker (March 2018)

  Saudi angel investor acquired stake in a blockchain startup for $820,000 (December 2017)

  Saudi Aramco Energy Ventures invests in California FogHorn Systems (December 2017)

  Saudi investor acquired stake in UK media firm The Independent (July 2017)

  Saudi investment firm SAEV acquired stake in Irish firm OxyMem (July 2017)

  Venture Capital firm Arab Angel acquired stake in California firm NuEyes (June 2017)

  Saudi investors of Tamer Group and consortium invested $160 million in French firm Sigfox (November 2016)




|| 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 2007-2018 DubaiBeat.com    Sitemap  |  Terms  |  Privacy Policy

Follow us: RSS Feed   Facebook    Twitter