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Four MENA Startups That Nailed An Investment These four startups all have one thing in common: they managed to pitch successfully for investment by Jabbar Internet Group.

By Samih Toukan

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These four startups all have one thing in common: they managed to pitch successfully for investment by Jabbar Internet Group. Chairman Samih Toukan's primary reason for injecting capital into these MENA startups? "They all have a great team, and unique business models in our region."

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3. Instabeat.me Founded by a swimmer, this wearable tech startup was developed to monitor heartrate and swimming performance. It's essentially a Fitbit for watersport enthusiasts.

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Learn more what Chairman Samih Toukan looks for in a startup pitch.

Samih Toukan

Chairman, Jabbar Internet Group

In the year 2000, Samih founded and became the CEO of Maktoob.com, the world’s first Arabic email and largest Arab online community with over 16 million users. In 2009, Maktoob was acquired by Yahoo! in the largest technology acquisition deal in the history of the region.

Following the acquisition, Samih became the Chairman of Jabbar Internet Group (Jabbar.com) a group that founded several leading Internet companies including souq.com, the Arab world's largest ecommerce site. Jabbar today is one of the leading investors in Internet and technology companies in the region.

Samih holds a Bachelor’s degree in Electrical Engineering from the University of London and a Masters in Management and International Business from HEC University in France. He has several years of experience with Andersen Consulting in technology consulting, systems development and Internet services. He co-founded Business Optimization Consultants in 1994 and Maktoob in 2000.

Between 2003 and 2005 , Samih was appointed by the Jordanian government as a member of the board of the Social Security Investment Fund (a fund of several billion Dollars). Today Samih is an active investor, investing in many startups in the region and around the world. He also acts as a mentor to many entrepreneurs. Samih is also a founding investor in Oasis500, Jordan’s leading startup incubator.

Furthermore Samih is the Chairman of the board of UnderMyOliveTree, a non profit organization focusing on education support for the unprivileged, and an investor and a member of the board of Ruwwad Micro Venture Fund, which provides grants for entrepreneurs in marginalized communities in Jordan.

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