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March 29, 2012
Middle East Venture Partners (MEVP), announces five new rounds of investments
Anghami.com Anghami.com: “all you can eat” mobile music and web music streaming service targeting the Arab World with premium Arabic and foreign music content. Visit www.anghami.com
Laimoon.com Laimoon.com, a job search engine with an intuitive user interface and higher relevancy. Currently focused on jobs in the UAE and Qatar, Laimoon is helping companies easily connect with talented professionals. Expansion plans to the rest of the Middle East are underway. Visit www.laimoon.com
Box & Automation Solutions Box & Automation Solutions: a cash management, audit and treasury solutions provider, via the SWIFT network. It allows treasurers and decision makers to fully monitor and audit their global cash positions in real time. Sigma Gestion, a French SME fund is co-investing alongside MEVP in this round. Visit www.boxautomation.com

Current MEVP portfolio companies benefiting from a 2nd round of financing:

Pin-Pay SAL Pin-Pay SAL: a mobile banking services provider allowing users to use their mobile phones to pay and receive payments into their bank accounts. Launch partner is Bank Audi.
Bank Med and Bank Audi have both invested alongside MEVP in this second round. Visit www.pin-pay.com
Mezzabites Technologies Company LTD. (Falafel Games) Mezzabites Technologies Company LTD. (Falafel Games): a designer and producer of Arabic content online MMO games targeting MENA audience. The venture arm of the project is Dubai-based Satcaster, MBC Group, under their new division, “MBC Ventures”, are investing alongside MEVP in this round. Visit www.falafel-games.com