About
Provided by Hourani & Partners
The start-up ecosystem in the Middle East region has evolved at lightning speed over the past few years, particularly in countries such as the UAE and Saudi Arabia. Venture capital financing continues to be on the rise as existing and new regional funds raise and deploy funds, and government arms (such as Monshaat and Jada in Saudi Arabia) earmark billions of dollars to invest with regional funds or directly in regional start-ups and technology companies, and international venture capital funds start targeting the region.
Our knowledge of the regional venture scene and the key players behind it place Hourani & Partners in a unique position to provide not only astute legal advice but also the ability to leverage its relationships with different stakeholders to successfully negotiate and close transactions.
Entrepreneurs trust our counsel and value our handholding approach and how we strongly advocate for their rights. Simply speaking, we believe our experience in the region in the venture capital space is unmatched.
- Assisted a significant investor in Kitopi’s US$ 300 million Series C extension.
- Advised SellAnyCar.com in connection with its US$ 35 million capital raise from Sanabil Investments, Olayan Financing, and Gulf Investment Corporation.
- Advised HyperPay in its US$ 36.7 million capital raise led by Mastercard.
- Advised Naghi Group, as a key investor, in connection with its purchase of Series A shares in IKcon, an innovative kitchen concept based in KSA and UAE.