23/8/2010 Dubai – Amman – Riyadh
National Net ventures N2V, the Middle East top Internet Group announced its investment in Yebab.com, the Arab portal specialized in organizing wedding celebrations in the United Arab Emirates.

CEO of N2V Eng. Rashid Al Ballaa stated that the project comes in line with the group’s current and future plans to expand its presence at the regional and the international levels.

Ballaa added: “Our Investment in Yebab.com will enhance the portal’s growth and presence not only in the Arab Gulf countries, but also in the Middle East region, this project will help Yebab website to be the most trusted wedding directory in the Arab Countries.”

“Yebab.com has been very successful in the UAE, and we believe in its enormous potential in all other countries in the Middle East region. We at N2V believe that Yebab.com will be an excellent addition to our portfolio of investments especially to HawaaWorld.com. By integrating both portals, we will be offering more value to women online communities in the Arab world,” He noted.

For his part, Yebab co-founder Mr. Murshed Mohamed said that the project will improve and upgrade the quality of services provided to its visitors.

Meanwhile, Ahmad Takatkah – Investment Programs Manager at N2V said that investing in Yebab.com is part of N2V’s new investment programs that target early and growth stage web ventures in Saudi Arabia, UAE, Jordan and Egypt.

He added: “These programs highlighted our commitment to helping entrepreneurs with innovative ideas to start their own businesses.”

It is worth mentioning that Yebab.com is one of the leading portals specialized in providing wedding services in the Arab world. The site includes listings for the various suppliers and services needed at a wedding, from caterers to dressmakers, artists, photographers and traditional musicians.

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National Net Ventures (N2V) is an internet holding company whose core business is to develop online and interactive web-based ventures. N2V invests capital in a wide variety of ventures: from start-ups to established companies. It also offers infrastructure, resources and tools, experience and know-how, so as to accelerate the growth of the Arab Internet industry and match global players in size and in eminence.
N2V is a member of National Technology Group (NTG): the region’s largest ICT conglomerate and key provider of financial information and solutions for streaming real-time stock-market feeds.
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