{
Mohamed Nagaty

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Foras acquires stake in Beban to enhance startup funding in MENA

Foras, an Abu Dhabi-based investment firm, has acquired a 36% stake in Beban Crowdfunding to enhance startup funding access in the MENA region, focusing on Sharia-compliant Murabaha debt and equity crowdfunding. This partnership aims to bridge funding gaps for SMEs and expand Beban's offerings, leveraging innovative solutions and media channels to support entrepreneurs and engage investors.
WAYA
United States Dollar BHR ARE Mohamed Abouelnaga Mohamed Nagaty
Business & Industry, Press Release
09:44 16.03.2025

Foras acquires stake in Beban to enhance startup funding in MENA

Foras, an Abu Dhabi-based investment firm, has acquired a 36% stake in Beban Crowdfunding to enhance startup funding access in the MENA region, focusing on Sharia-compliant Murabaha debt and equity crowdfunding. This partnership aims to bridge funding gaps for SMEs and expand Beban's offerings, leveraging innovative solutions and media channels to support entrepreneurs and engage investors.
WAYA
United States Dollar ARE BHR Mohamed Nagaty Mohamed Abouelnaga
Business & Industry, Press Release
09:44 16.03.2025
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