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Transforming Arab Interactivity; Perspective from a Venture Capital Firm

A "Mabrouk" to Maktoob and Yahoo!

A "Mabrouk" to Maktoob and Yahoo!


With today's formal announcement of Yahoo!'s acquisition of Maktoob.com, we take this opportunity to congratulate the Maktoob founders and team as well as welcome Yahoo! as an active participant in shaping the Arabic speaking world's online and interactive experience. One gets the feeling that this is the beginning of a journey, and not an end, both for Yahoo! and for Maktoob.

There can be no questioning the significance of this acquisition, not just because of the opportunities it creates for Maktoob, but for the broader opportunities that have been opened up for Arab online entrepreneurs and firms. An industry and an opportunity that has always sought validation has found it. An often neglected sector by investors, advertisers, global and regional giants has had its milestone moment, a point from which it should just move upwards for the foreseeable future. While users and entrepreneurs have always believed, it will be hard for the mainstream to neglect what we have always felt...the region will firmly be entrenched as part of the global internet landscape much sooner than many believe.

So a hat's off to Maktoob and Yahoo! from all of us here, and here's to exciting days ahead.

(1) comments


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On August, 26, 2009 1:00 PM , halataha
from Jordan said:

Yes, this is really a great accomplishment for Maktoob and a very smart step from Yahoo!

Thank you for your nice words




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