|07 April, 2019

ArabyAds secures $6.5mln in funding from Equitrust, the investment arm of Choueiri Group

ArabyAds has been operating in the UAE and GCC market since 2013, with offices in both Egypt and Dubai.

ArabyAds secures $6.5mln in funding from Equitrust, the investment arm of Choueiri Group

ArabyAds, MENA’s one stop-shop for performance marketing solutions, has successfully raised its Round-A of investments from Equitrust (the investment arm of Choueiri group), which acquired an undisclosed stake in the company for USD 6.5 million.

ArabyAds has been operating in the UAE and GCC market since 2013, with offices in both Egypt and Dubai.

ArabyAds’ market knowledge, unique platform and deep understanding of the Arabic audience, truly sets it apart from the competition.   

It offers to advertisers the opportunity to benefit from various performance-based marketing solutions following one of the strongest, most effective marketing models, Pay Per results; Such as, leads, actions, sales, installs, and/or calls.

ArabyAds’ philosophy is to help its business partners predict and measure the return on their ad spend,and allows them to grow their sales whilst keeping marketing spend under control. 

Investment Rationale

Patrick Thiriet, Chief Strategy Officer, Choueiri Group, commented on the investment: “We are excited to partner with ArabyAds, a company that was able –with no external funding so far- to quickly emerge as a market leader in MENA’s fast-growing performance marketing industry. There are many synergies to explore and implement, both with Equitrust’s other portfolio companies and with Choueiri Group’s unique advertising footprint in the region. We are looking forward to a fruitful collaboration, which shall ultimately benefit many consumer-facing industries, such as e-commerce, real estate, automotive and health & beauty.”

On the other hand, Mahmoud Fathy, CEO, ArabyAds, commented on the company’s first fund raise: “We are looking forward to strengthen our brand, and to gain access to more regional clients that are looking to boost their sales through advertising. Although our organic growth has been rather stellar year on year, Arabyads had reached a stage where a capital injection was needed to expand further and continue delivering new solutions to regional advertisers. What we needed was the right partner, and Choueiri Group emerged quite naturally as a name of choice.”

ArabyAds Solutions

ArabyAds serves performance marketing through 3 main solutions:

-        Influencer Marketing: a full hassle-free influencer marketing service that starts with matching the brand with the right influencers, and ends up with a “Results-Based Payment” model.

-        Affiliate Marketing: Arabyads connects brands to affiliates publishing destinations in a controlled environment, where they get real-time performance reports and pay per action or result. This solution is powered by one of the world's most advanced tracking systems.

-        Media Buying: run fully in-house by Arabyads, this service allows advertisers to buy the KPI they expect (qualified leads, App installs, new subscribers, confirmed orders etc.) at a pre-agreed price.

ArabyAds has delivered its performance marketing solutions to more than 450 clients so far, including Landmark, Emaar, Vlcc, Flyin, Etihad Airways, as well as most of the large MENA e-commerce players: Souq.com, Namshi, Jumia, Wadi, noon.com etc. During the 2018 Black Friday alone, Arabyads’ generated over USD 60Mios in sales for its clients, mostly in e-commerce, health & beauty and real estate.

-Ends-

About Choueiri:

As the leading media representation group in the Middle East, Choueiri Group is a company built from the ground up over the past forty three years. Today, the Group’s companies market and manage the advertising space of 31 television stations, 16 print titles, 12 radio stations, cinemas, web portals and the largest network of outdoor signs in the GCC. Choueiri Group operates in 10 markets covering the MENA region, Europe and Japan and ensures the best support for its regional and international clients through its extensive network of 12 subsidiaries, 4 representative offices and more than 800 committed professionals.

About ArabyAds

ArabyAds is a one-stop shop for all performance marketing solutions. The company delivers conversions and performance-based results for its partners’ advertising campaigns, and has developed a unique offering relying on three models: influencer marketing, affiliate marketing and media buying. Arabyads was established as a leading affiliate network in 2013 by Mahmoud Fathy, who was joined in 2015 by Mohammad Khartabil.  Over the last few years, the company has experienced stellar growth, and expanded to become the one stop-shop for all performance marketing solutions in the Arab World.

© Press Release 2019

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.

More From Press Releases