Latest news with #IbtikarFund
Wamda
17-03-2025
- Business
- Wamda
Ibtikar Fund invests in Palestine's MENA Analytics
Palestine-based analytics platform MENA Analytics has raised undisclosed funding from Ibtikar Fund. Founded in 2023 by Yousef Srouji, Obada Shtaya, Zayne Abudaka and Mohammad abu qare, MENA Analytics helps enterprises collect market insights and research through survey tools and data capture solutions. With this investment, MENA Analytics is set to expand into Jordan and Saudi Arabia. Press release: Ibtikar Fund is pleased to announce its investment in MENA Analytics, an innovative market research and data analytics company transforming how businesses in the MENA region access and utilise market intelligence. With a strong foundation in Palestine and plans to expand across the region, MENA Analytics is leveraging AI and advanced analytics to provide SMEs with cost-effective, data-driven insights. 'MENA Analytics is addressing a critical gap in the MENA market by making high-quality data collection and analysis accessible to businesses that have traditionally been underserved,' said Ambar Amleh, Managing Partner at Ibtikar Fund. 'We are excited to support their expansion and technological advancements as they empower companies with actionable intelligence.' MENA Analytics: Revolutionizing Market Research in MENA MENA Analytics is redefining market research in the region by providing businesses with AI-enhanced tools for data collection, analysis, and visualization. Unlike traditional consulting firms that dominate the space with costly and time-intensive research, MENA Analytics delivers fast, scalable, and affordable solutions tailored to the needs of SMEs. The company's innovative platform includes: Survey Tools – Customisable surveys powered by AI-driven analysis for real-time insights. Market Intelligence Dashboards – Interactive, sector-specific dashboards providing businesses with up-to-date market trends, competitor analysis, and consumer behaviour insights. Quota Manager & Panels – AI-powered tools to generate high-quality research samples and efficiently manage survey quotas. Automated Analytics – providing clients with the most important KPIs and metrics needed to understand their market quickly, accurately, and affordably with AI-powered automated analytics tools. A Unique Approach to Market Research While major international market research firms such as Nielsen and Ipsos dominate the global industry, their focus remains on larger enterprises in developed markets, leaving SMEs in the MENA region underserved. Local consulting firms, on the other hand, often provide market research that is costly, slow, and limited in scope. MENA Analytics bridges this gap by combining deep regional expertise with cutting-edge AI technology, making high-quality research more accessible and actionable. By leveraging automation and AI-driven analytics, MENA Analytics significantly reduces the cost and time required to deliver insights, giving businesses in the region a competitive edge. Strategic Growth & Regional Expansion MENA Analytics has already gained strong traction in Palestine and is now set to expand into Jordan and Saudi Arabia. With this investment, the company aims to enhance its AI-driven analytics capabilities and scale its operations to serve a broader market. 'Our mission is to democratise access to high-quality data in the MENA region, enabling businesses to make smarter, evidence-based decisions,' said Yousef Srouji, Co-Founder and CEO of MENA Analytics. 'With Ibtikar Fund's backing, we are well-positioned to expand our regional footprint and bring cutting-edge data solutions to more businesses.'
The National
10-03-2025
- Business
- The National
Shadi's take on sectarian violence in Syria
Started: 2016 Founders: Hussein Nasser Eddin, Laila Akel, Tayeb Akel Based: Ramallah, Palestine Sector: Technology, Security # of staff: 13 Investment: $745,000 Investors: Palestine's Ibtikar Fund, Abu Dhabi's Gothams and angel investors %3Cp%3EThere%20are%20several%20factors%20for%20landlords%20to%20consider%20when%20preparing%20to%20establish%20a%20holiday%20home%3A%3C%2Fp%3E%0A%3Cul%3E%0A%3Cli%3E%3Cstrong%3ERevenue%20potential%20of%20the%20unit%3A%3C%2Fstrong%3E%20location%2C%20view%20and%20size%3C%2Fli%3E%0A%3Cli%3E%3Cstrong%3EDesign%3A%20furnished%20or%20unfurnished.%3C%2Fstrong%3E%20Is%20the%20design%20up%20to%20standard%2C%20while%20being%20catchy%20at%20the%20same%20time%3F%3C%2Fli%3E%0A%3Cli%3E%3Cstrong%3EBusiness%20model%3A%3C%2Fstrong%3E%20will%20it%20be%20managed%20by%20a%20professional%20operator%20or%20directly%20by%20the%20owner%2C%20how%20often%20does%20the%20owner%20wants%20to%20use%20it%20for%20personal%20reasons%3F%3C%2Fli%3E%0A%3Cli%3E%3Cstrong%3EQuality%20of%20the%20operator%3A%3C%2Fstrong%3E%20guest%20reviews%2C%20customer%20experience%20management%2C%20application%20of%20technology%2C%20average%20utilisation%2C%20scope%20of%20services%20rendered%3C%2Fli%3E%0A%3C%2Ful%3E%0A%3Cp%3E%3Cem%3ESource%3A%20Adam%20Nowak%2C%20managing%20director%20of%20Ultimate%20Stay%20Vacation%20Homes%20Rental%3C%2Fem%3E%3C%2Fp%3E%0A Director: Daniel Espinosa Stars: Jared Leto, Matt Smith, Adria Arjona Rating: 2/5 Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi Round 3: February 7-9, Dubai Autodrome – Dubai Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia %3Cp%3E%3Cstrong%3EEngine%3A%20%3C%2Fstrong%3E2.0-litre%20four-cyl%20turbo%20%2B%20mild%20hybrid%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E204hp%20at%205%2C800rpm%20%2B23hp%20hybrid%20boost%0D%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E320Nm%20at%201%2C800rpm%20%2B205Nm%20hybrid%20boost%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3E9-speed%20auto%0D%3Cbr%3E%3Cstrong%3EFuel%20consumption%3A%20%3C%2Fstrong%3E7.3L%2F100km%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3ENovember%2FDecember%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EFrom%20Dh205%2C000%20(estimate)%3C%2Fp%3E%0A UAE Division 1 Abu Dhabi Harlequins 12-24 Abu Dhabi Saracens Date started: Okadoc, 2018 Founder/CEO: Fodhil Benturquia Based: Dubai, UAE Sector: Healthcare Size: (employees/revenue) 40 staff; undisclosed revenues recording 'double-digit' monthly growth Funding stage: Series B fundraising round to conclude in February Investors: Undisclosed The Al Barzakh Festival takes place on Wednesday and Thursday at 7.30pm in the Red Theatre, NYUAD, Saadiyat Island. Tickets cost Dh105 for adults from %3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3EBen%20Affleck%3Cbr%3E%3Cbr%3E%3Cstrong%3EStars%3A%20%3C%2Fstrong%3EMatt%20Damon%2C%20Jason%20Bateman%2C%20Ben%20Affleck%2C%20Viola%20Davis%3Cbr%3E%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A AT4 Ultimate, as tested Engine: 6.2-litre V8 Power: 420hp Torque: 623Nm Transmission: 10-speed automatic Price: From Dh330,800 (Elevation: Dh236,400; AT4: Dh286,800; Denali: Dh345,800) On sale: Now %3Cp%3E%3Cstrong%3EEngine%3A%20%3C%2Fstrong%3E4.0-litre%20flat%206-cylinder%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3E7-speed%20PDK%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E500hp%0D%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E450Nm%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EDh530%2C300%20as%20tested%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%3C%2Fstrong%3E%20Now%3C%2Fp%3E%0A %3Cp%3EElena%20Rybakina%20(Kazakhstan)%0D%3Cbr%3EOns%20Jabeur%20(Tunisia)%0D%3Cbr%3EMaria%20Sakkari%20(Greece)%0D%3Cbr%3EBarbora%20Krej%C4%8D%C3%ADkov%C3%A1%20(Czech%20Republic)%0D%3Cbr%3EBeatriz%20Haddad%20Maia%20(Brazil)%0D%3Cbr%3EJe%C4%BCena%20Ostapenko%20(Latvia)%0D%3Cbr%3ELiudmila%20Samsonova%0D%3Cbr%3EDaria%20Kasatkina%E2%80%AF%0D%3Cbr%3EVeronika%20Kudermetova%E2%80%AF%0D%3Cbr%3ECaroline%20Garcia%20(France)%E2%80%AF%0D%3Cbr%3EMagda%20Linette%20(Poland)%E2%80%AF%0D%3Cbr%3ESorana%20C%C3%AErstea%20(Romania)%E2%80%AF%0D%3Cbr%3EAnastasia%20Potapova%E2%80%AF%0D%3Cbr%3EAnhelina%20Kalinina%20(Ukraine)%E2%80%AF%E2%80%AF%0D%3Cbr%3EJasmine%20Paolini%20(Italy)%E2%80%AF%0D%3Cbr%3EEmma%20Navarro%20(USA)%E2%80%AF%0D%3Cbr%3ELesia%20Tsurenko%20(Ukraine)%0D%3Cbr%3ENaomi%20Osaka%20(Japan)%20-%20wildcard%0D%3Cbr%3EEmma%20Raducanu%20(Great%20Britain)%20-%20wildcard%3Cbr%3EAlexandra%20Eala%20(Philippines)%20-%20wildcard%3C%2Fp%3E%0A Arabian Gulf League fixtures: Friday: Emirates v Hatta, 5.15pm Al Wahda v Al Dhafra, 5.25pm Al Ain v Shabab Al Ahli Dubai, 8.15pm Saturday: Dibba v Ajman, 5.15pm Sharjah v Al Wasl, 5.20pm Al Jazira v Al Nasr, 8.15pm Goodlands Riders: Jamshaid Butt, Ali Abid, JD Mahesh, Vibhor Shahi, Faizan Asif, Nadeem Rahim Rose Hill Warriors: Faraz Sheikh, Ashok Kumar, Thabreez Ali, Janaka Chathuranga, Muzammil Afridi, Ameer Hamza Golden circle - Dh995 Floor Standing - Dh495 Lower Bowl Platinum - Dh95 Lower Bowl premium - Dh795 Lower Bowl Plus - Dh695 Lower Bowl Standard- Dh595 Upper Bowl Premium - Dh395 Upper Bowl standard - Dh295 The bairaq is a competition for the best herd of 50 camels, named for the banner its winner takes home Namoos - a word of congratulations reserved for falconry competitions, camel races and camel pageants. It best translates as 'the pride of victory' - and for competitors, it is priceless Asayel camels - sleek, short-haired hound-like racers Majahim - chocolate-brown camels that can grow to weigh two tonnes. They were only valued for milk until camel pageantry took off in the 1990s Millions Street - the thoroughfare where camels are led and where white 4x4s throng throughout the festival %3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Revibe%20%0D%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202022%0D%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Hamza%20Iraqui%20and%20Abdessamad%20Ben%20Zakour%20%0D%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20UAE%20%0D%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20Refurbished%20electronics%20%0D%3Cbr%3E%3Cstrong%3EFunds%20raised%20so%20far%3A%3C%2Fstrong%3E%20%2410m%20%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EFlat6Labs%2C%20Resonance%20and%20various%20others%0D%3C%2Fp%3E%0A Sunday's results: UAE beat Malaysia by eight wickets Nepal beat Singapore by four wickets Oman v Hong Kong, no result Tuesday fixtures: Malaysia v Singapore UAE v Oman Nepal v Hong Kong Engine: Direct injection 4-cylinder 1.4-litre Power: 150hp Torque: 250Nm Price: From Dh139,000 On sale: Now Uefa Champions League, last-16. first leg Atletico Madrid v Juventus, midnight (Thursday), BeIN Sports Director: Brady Corbet Stars: Adrien Brody, Felicity Jones, Guy Pearce, Joe Alwyn Rating: 3.5/5 To help you get started, tune into these Pocketful of Dirham episodes · Balance is essential to happiness, health and wealth · What is a portfolio stress test? · What are NFTs and why are auction houses interested? · How gamers are getting rich by earning cryptocurrencies · Should you buy or rent a home in the UAE? %3Cp%3EDirector%3A%20Sofia%20Coppola%3C%2Fp%3E%0A%3Cp%3EStarring%3A%20Cailee%20Spaeny%2C%20Jacob%20Elordi%3C%2Fp%3E%0A%3Cp%3ERating%3A%203%2F5%3C%2Fp%3E%0A
Wamda
29-01-2025
- Business
- Wamda
Ibtikar Fund backs Nabeeh with undisclosed investment
Saudi Arabia-based e-services platform Nabeeh has raised an undisclosed investment from Ibtikar Fund. Founded in Palestine in 2021 by Saber Samara and Fawaz Samara, Nabeeh is an online platform that allows users to book housekeeping, cleaning services, maintenance, repairs, and renovation services. With this funding round, Nabeeh aims to double its user base, expand its B2B client portfolio, and introduce new features to its platform. Press release: Ibtikar Fund is excited to announce its investment in Nabeeh, a game-changing PropTech startup revolutionising maintenance and cleaning services for property owners, real estate operators, and multi-branch businesses through cutting-edge technology and on-demand innovation. This investment underscores Ibtikar Fund's strategy of supporting innovative and scalable startups that address real market needs and deliver strong returns. 'Nabeeh's impressive growth trajectory and its ability to penetrate key markets like Saudi Arabia reflect its potential to become a dominant player in the maintenance and facility management space,' said Reem Qawasmi, venture partner at Ibtikar Fund. 'We are confident that our investment will help Nabeeh achieve its ambitious goals and deliver significant value to customers and investors alike.' 'Property owners and businesses often struggle with unreliable maintenance and cleaning providers and a lack of transparency. Nabeeh bridges this gap by offering seamless, tech-enabled solutions that prioritise quality, speed, and trust,' said Fawaz Samara, Co-Founder and CEO of Nabeeh. 'As we continue to grow and expand in the Saudi market, this phase enables us to cater to the unique needs of real estate rental platforms, property operators, and multi-branch businesses. Our commitment remains focused on enhancing our platform, delivering innovative on-demand solutions, and providing top-quality services that align with the dynamic demands of our clients.' Nabeeh: Leading the Future of Maintenance ServicesNabeeh is a cutting-edge PropTech platform revolutionising maintenance and cleaning services for property owners, real estate operators, home appliance companies, and multi-branch businesses. By leveraging innovative technology, Nabeeh simplifies maintenance management, ensuring efficiency, quality, and customer satisfaction. Key Offerings: For Real Estate Operators: Streamlined maintenance management with preventive and reactive solutions, analytics, and real-time reporting. For Multi-Branch Businesses: Centralised management of maintenance requests across branches with scalable and flexible solutions. For Home Appliance Companies: Efficient handling of warranty-related maintenance and repairs for end customers. For Service Providers: A dedicated app to manage bookings, communication, and payments with ease. Nabeeh: Proven Success and Market Leadership Nabeeh was founded by Fawaz Samara (CEO) and Saber Samara (COO), both seasoned professionals with extensive experience in facility management and real estate operations. Together, they have built a platform that combines advanced technology with deep industry expertise, offering innovative solutions that meet the needs of property owners, businesses, and service providers alike. Since its launch in 2021, Nabeeh has maintained 300% year-on-year growth in user base and a 95% client satisfaction rate. The company now operates in six major cities across Saudi Arabia, with over 20,000 app downloads by property owners, dozens of B2B clients, and partnerships with hundreds of service providers. With this funding round, Nabeeh aims to double its user base, expand its B2B client portfolio, and introduce new features to its platform, including predictive maintenance capabilities. These advancements are set to solidify Nabeeh's position as a leader in the PropTech sector and a driving force in the transformation of the region's booming real estate sector. This milestone marks a crucial step in Nabeeh's mission to redefine maintenance and facility management, focusing on delivering unmatched quality, efficiency, and innovation to its clients and partners.
