Category: Startup News

Intel Capital Invests In Two Jordanian Companies Jeeran And ShooFeeTV

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Intel
Jeeran
ShooFeeTV

In a joint press conference today in Amman, Jordan, Intel Capital‘s latest investments in the Arab internet scene were announced.

These new investments from Intel Capital are in Jordanian internet companies Jeeran, one of the leading user generated content portals in the Arab world, and ShooFeeTV, a free online Arabic television guide. Both companies are also IV Holdings portfolio companies.

This comes among Intel Capital’s ongoing push in the region, supporting local entrepreneurship in the Middle East and funding companies in the internet and technology sectors through its $50 million Intel Capital Middle East and Turkey Fund, which is aimed to assist the companies in pursuing regional growth and development plans in addition to extending their product offerings.

Under the umbrella of this fund, Intel continues to increase its investment in four key areas: local entrepreneurship, education, digital accessibility and specialized technical competencies, to help promote technology skills, knowledge transfer and jobs creation.

As has become custom for most such investments in the Arab world, the size of these investments has not been disclosed.

H2O New Media Announces SODA CMS With Support For Location Based Services

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H2O New MediaH2O New Media has just announced the availability of the SODA Content Management System which they describe as the first Web 2.0 Content Management system to support location based services.

These location based services should allow members of any social community built on the SODA content management system to send its users emails, SMS messages and alerts based on a users physical location.

Steve Vaile, CEO of H2O New Media, says that “The SODA CMS allows any community member to receive notifications either by SMS, MMS, Video or by email to their mobile phone based on their location. The development will enable our publishing and corporate customers to offer innovative new services and applications to their customers and internal based on location and vicinity on their mobile phone. Social communities should operate seamlessly between both web PC & mobile handsets, and with SODA taking advantage of location based services its really one of the first social media technology platforms to create a bridge between the online and the physical world.”

He continues to say that “with SODA a customer can deploy a social media platform that will allow its users not only to communicate with each other but to know where each other are, based on their preferences of course. For example if you are a member of a social community you can receive an SMS text when you are close to your friends, marketers can use it to message users are close to a store that has a promotional offer.”

H2O New Media provides social media applications based on software as a service (SaaS) model to corporate companies in the Middle East. H2O New Media clients include United Business Media, Sian Events, Channels Exhibitions, CSM, G2 Publishing and many other leading events and media companies.

Jawaker Adds To Advertising Options With Game Table Changes

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Jawaker

Jawaker, the online multiplayer card games website that was previously reviewed here, and whose co-founder Mohamad Haj Hasan was interviewed here, has introduced some new changes to their game table, expanding the available advertising options on the platform.

The upgrades on the game table aimed to make it more user friendly for users, but also to adapt to the needs of their advertising clients.

Among the major changes on the game table is a re-organization of certain elements like the information bar and chat box, to make it easier for users to see more information in a more convenient way.

But more importantly, in addition to their original ad serving model of branding the back of cards, they’ve introduced the possibility to have a watermarked logo of the brand on the game table itself as well as a text ad on the right side of the table that pushes the message that the advertiser wants to relay to their audience. This text ad has a link to the advertisers target URL.

Jawaker Table

Jawaker currently have the popular cards games: Trix, Trix Complex, Solitaire and Tarneeb; and plan to roll out more multi-player card games in the future.

Conservus International Wins Red Herring 100 Europe Award

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ConservusRed Herring recently announced that Conservus International was named a winner of the Red Herring 100 Europe, an award given to the top 100 private technology companies based in the EMEA (Europe, Middle East and Africa) region each year.

Conservus International is responsible for the conceptualization, design and development of a digital targeted advertising medium known as the MyConservus Portal.

The MyConservus Portal is an e-concierge service which highlights services available at a single location and provides advertisers with direct access to potential consumers while generating revenue from these advertisements.

Conservus International has similar e-concierge portals that can be used in the Hospitality, Business and Community sectors, and seeks to expand the MyConservus portal’s reach internationally by entering into potential franchise discussions with technology companies.

Conservus was one of the three UAE based technology companies that got an investment from Intel Capital earlier this year, and are also an IV Holdings portfolio company.

Red Herring’s lists of top private companies are an important part of the publication’s tradition of identifying new and innovative technology companies and entrepreneurs. Companies like Google, eBay, and Skype were spotted in their early days by Red Herring editors, and touted as leaders that would change the way we live and work.

Hotels.com Launches Arabic Website For The Middle East

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Hotels.comHotels.com, one of the leading hotel accommodation booking sites in the world, has announced the launch of its Arabic website in the Middle East.  The website is available at http://fanadeq.hotels.com and uses IP based country recognition, an Arabic-language interface and local currency pricing and payment methods.

Hotels.com, is part of the Expedia group, and currently operates 52 global sites. Expedia announced in the summer of last year that it would be launching a dedicated travel portal for the Middle East within the following 12 months, and it seems this is the result of that effort.

Covering the key markets in the Middle East, the new website aims to offer competitive, value for money rates at over 100,000 hotels worldwide. As well as the hotel booking function, the site also offers in-depth hotel information including Microsoft mapping capabilities and property facility information. The site also includes destination information and customers reviews all in Arabic.

Nigel Pocklington, Managing Director of Hotels.com commented, “By launching our new website in Arabic, we are committed to unlocking the full potential of the Middle East market. Our goal is to offer our customers an accommodation booking service with extensive choices, great value prices and excellent customer service.”

According to the United Nations World Tourism Organization (UNWTO) barometer, the Middle East is already the world’s largest driver of travel, tourism and hospitality, with the sector fuelling the region’s current annual tourism growth of 11% per annum.

The Middle East has seen a steady growth in e-commerce over the last few years with an increasing number of consumers using the internet to buy products and services. One of the fastest growing categories for e-commerce across the globe is travel as customers are increasingly choosing the internet to look for the best deals.

KuWeet, Your Window To Kuwaiti Tweets

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One of the biggest factors of Twitter’s success and popularity is the wealth of third party tools and solutions built around it and using its API.

Just recently, I came across an interesting little project built around Twitter that aims to open a window on tweets coming out of Kuwait, and about Kuwait, by the name of KuWeet.

The way it was built is really simple: an account @kuweet was created for twitter users in Kuwait to follow, and then what happens is that all followers of this account are collected and placed in a list. All tweets originating from people on this list are then aggregated into a a public timeline of Twitter users from and about Kuwait.

kuweet

According to its developer, it’s based on an integration of Twitter2html into WordPress, with a theme that is pretty much identical to the Twitter interface.

New tweets are fetched every 10 minutes through a planned cron process.

KuWeet is a project by well-known Kuwaiti blogger and tweeter @nibaq.

Salam Business Club Takes Important Step Into Islamic Finance and Banking

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Salam Business Club

Salam Business Club (SalamBC), the social business network built especially for the Arab, Asian and Muslim business world, and that recently launched versions in Arabic, Urdu and other languages (and soon in Persian), will be officially announcing an interesting new business development for their service in the upcoming days.

Through a partnership with the Institute for Islamic Finance and Banking (IFIBAF), they aim to be the first online destination to offer Islamic Finance and Banking products to its members.

The deal comes at a time when demand for Islamic financial products is really high and growing, both from Muslims as well as non-Muslims all around the world, yet this demand remains far from covered and satisfied by whatever offers currently exist in the market. And the current economic crisis is pushing even more people to consider Islamic finance and banking as a safer option, with a number of banks working on building up Islamic finance units.

The Islamic finance industry, which is still a nascent one, is currently estimated at $700 billion to $1 trillion in asset size, with a 15-20 percent annual growth rate.

The move by SalamBC to launch such products also comes upon the requests and feedback that they kept constantly getting through listening to their members.

With this deal, SalamBC brings its whole database of members from over 180 countries worldwide to the table, while the IFIBAF brings its long years of experience with Islamic finance and banking, as well as its extensive global network within the Islamic Banking Community, to offer together a central entry point to Shariah-compliant financial products for everyone interested.

Their initial focus for their offerings will be on the European market, as the demand there is largely unsatisfied, but they will be extending to the rest of the world soon after that, as they continue to finalize more partnerships and agreements around the world.

# Salam Business Club

Tunisian Business Portal Web Manager Center Launches Arabic Version

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WMCWeb Manager Center, the leading online portal for economic and business news in Tunisia just announced the launch of their Arabic version today.

Over the past years, the French version of the site has become a well known resource for business people and reporters alike.

This move comes to cater to readers from Tunisia who prefer reading their news in Arabic, as well as to reach out to readers from around the Arab world who are interested in economic and business news out of Tunisia.

Web Manager Center provides daily detailed news updates covering the latest developments and events in the areas of economy, business and technology.

The portal works on providing the latest news on the Tunisian economy and its various sectors from industry, to agriculture, to finance, services and healthcare. It also sheds light on the world of business in Tunisia, the deals taking place, investments and partnership opportunities. It also covers the information and communications technology sector in the country, detailing all the latest products and services in the market.

WMC

The site also provides a ticker of the latest stock prices on the Tunisian stock exchange, as well as exchange rates for the Arab currencies.

In short, just like the French version before it, the Arabic version of Web Manager Center aims to be a central resource on everything related to the Tunisian economy, business in the country, as well as technology, through the news and analysis it provides.

Salam Business Club Launches Arabic Version Of Their Business Social Networking Service

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Salam Business ClubSalam Business Club, the social business network built especially for the Arab, Asian and Muslim business world, has just launched an Arabic version of their service.

SalamBC was previously called MuslimBC, before undergoing a rebranding aimed at showing that the service isn’t just strictly for Muslims, and that anyone interested in joining, networking and getting into business with Muslims and Muslim countries from all over the world can join.

As with other business social networks, people can sign up and create their professional profile, then search for people they know on the service or invite them, building up their business network. Groups can also be created around different subjects where discussions can be launched with other members.

An internal messaging system makes it easier for users to get in touch and interact with each other.
Users also get their own personal blog on the service where they can write and share their articles and thoughts, and other members can leave their comments on. RSS feeds will be made available for these blogs in the future too.

SalamBC Screenshot

The interface is pretty simple and geared towards making it as friendly a place as possible for business professionals to connect and interact with each other, share interesting information and resources, and access the latest business news from various sources.

Among the other languages available on SalamBC are English, German, French, Urdu and Turkish; making the service available and accessible to a wide base of business people from different countries and backgrounds.

SalamBC was founded by Rias A. Sherzad and Farid Zazai in 2007. The company is based in Hamburg, Germany and is self and angel funded so far. I met with co-founder Farid Zazai in Dubai on a recent trip of his, and understood that they are also keeping an eye open for possible VC investments.

They’re also working on a really interesting service within SalamBC that no one else has ventured into yet, but I’ll get into that in more detail later, once I get the green light from them to talk about it.

# Salam Business Club

Meedan Cross-Language Dialogue Platform Launches Open Beta

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MeedanMeedan has officially launched its online service into open beta. Meedan is a non-profit social technology company which aims to increase cross-language interaction on the web, with particular emphasis on translation and aggregation services in Arabic and English.

Through its use of Machine Translation (MT), Machine Augmented Translation (MAT), and distributed human translation, Meedan’s goal is to increase dialogue and exchange between Arabic and English speakers primarily by launching a cross-language forum for conversation and media sharing, in an attempt to foster understanding and tolerance between the Arab and Western worlds.

Meedan means ‘gathering place’ or ‘town square’ in Arabic, and it reflects the service that was designed to stand as a digital town square for a linguistically, culturally, and geographically diverse community of Arabic and English speaking Internet users, coming together online to discuss current events taking place all over the world.

Meedan

Everything that appears on meedan.net is mirrored in Arabic and English; whether it’s the published headlines, the posted comments, or shared articles; so as to ensure an open two-way conversation.

Meedan was founded by Ed Bice in 2005 and incorporated as a nonprofit charitable organization in 2006.

For more information about the service and to try it out, go to: Meedan.net