Jordan Investors

Jordan's Abu Sheikha Holding Group has acquired 50 percent of BR Pharmaceuticals, a UK-based firm distributing pharmaceutical, nutritional and body care products.

BR works across the UK, Europe, Middle East and African markets, supplying and marketing health and personal care brands such as vitamins and supplements to thousands of pharmacies.

To see listing and contact emails of investors from the Middle East similar to Abu Sheikha Holding, check our Middle East Investors Directory

More details follows:

iMENA Holdings, an investment firm based in Dubai and Jordan, has announced investing $8 million in the online food ordering platform Hellofood.

You may know Hellofood as FoodPanda as they already operate in 28 countries and raised investments of more than $20 million. iMENA Holdings has partnered with Rocket Internet, a global Internet incubator to bring Hellofood to the Middle East. iMena, co-founded by Khaldoon Tabaza and Adey Salamin and backed by LPs like Etisalat, has recently invested in other online consumer ventures like Desado and OpenSooq.

To see listing and contact emails of investors similar to iMena Holdings, check our Middle East Investors Directory.

More details follows

Zad Capital announced the launch of N3XTMARKET, an advisory service for MENA investors on purchase of secondary market shares in late stage venture backed firms such as Facebook and Twitter.

Jordan-based Zad Capital is a hybrid venture capital and business incubation platform focused on regional and cross-border Internet, technology, and media opportunities and is founded by Khaldoon Tabaza.

More details follows

Interactive Ventures Holdings (IV Holdings), in partnership with other Jordanian and Egyptian angel investors, concluded an investment in Gate2Play, a Jordan and Egypt based venture that is deploying an online payment and support platform.

IV Holdings, a wholly owned subsidiary of Accelerator Technology Holdings, provides capital to entrepreneurs both within and outside the Arab world.

To see more investment firms like IV Holdings check our investors directory

Their full press release follows

Foursan Group, a Middle Eastern private equity firm, announced the launch of its second fund, Foursan Capital Partners I, a multi-country, multi-sector private equity fund targeting investments in accelerated growth companies. This fund will have a first closing on January 1, 2010 with commitments of $100 million and is targeting a final closing of $200 million in 2010.

Foursan has received commitments from the following limited partners: US Overseas Private Investment Corporation, the International Finance Corporation, Jordan's Social Security Corporation and Olayan Group. Their other fund was Jordan Fund.

Foursan Group is listed in the Middle East Investors Directory with the code OR24.

Their full press release follows