EXITS MENA launches a strategic partnership to support entrepreneurs in MENA
“EXITS MENA”, a financial technology company specializing in consulting and arrangements for startups, small, and medium-sized enterprises in the Middle East and North Africa region, has announced a new strategic partnership project in Saudi Arabia.
The aim of this partnership is to reinforce its commitment to supporting entrepreneurs and startups in the Kingdom.
Through this partnership, “EXITS MENA” aims to leverage the dynamic market environment in the Kingdom to enhance growth and foster innovation among startups, small, and medium-sized enterprises.
This expansion will enable the company to provide unparalleled support to startups and SMEs, helping them navigate market complexities and achieve their business goals successfully.
The project is backed by a group of prominent Saudi investors, led by Ammar Ahmed Shata, founder of Ghata Venture Partners, who will also serve as the non-executive chairman of the new joint venture.
This strategic move marks a significant milestone in “EXITS MENA’s” journey, reinforcing its commitment to addressing gaps in the entrepreneurial ecosystem across the Middle East and North Africa.
By establishing a presence in Saudi Arabia, “EXITS MENA” aims to capitalize on the Kingdom’s dynamic market environment to drive growth and innovation among startups and SMEs.
Ammar Ahmed Shata commented, “I am delighted to be part of EXITS MENA’s journey and to bring its expertise to the vibrant market of Saudi Arabia.
This partnership is not just an investment but a commitment to enhancing innovation and supporting the growth of startups and SMEs in the region. Together, we will create a dynamic ecosystem that enables companies to realize their full potential.”
Founders of “EXITS MENA”, Mohammed Abu Al-Naja Najati, Ahlam Al-Sabban, and Ayman Al-Tanbouli, emphasized the importance of this expansion, stating that it marks a pivotal moment in their journey to become a key driver of investment and growth in the entrepreneurial ecosystem of the Middle East and North Africa.
They added that this expansion will enable them to provide superior support to startups and SMEs, enabling them to overcome market challenges and achieve their business objectives successfully.
Additionally, they recognize the critical role of secondary stock sales in providing liquidity to early founders and investors.
By facilitating these transactions, they assist startups and SMEs in progressing towards a successful exit, ensuring sustainable growth and significant outcomes for all stakeholders involved.
