Kuwait City – The Bader Fund for SME Development, a special account managed by the Arab Fund for Economic and Social Development and concerned with supporting small and medium enterprises, announced its investment in the Middle East Venture Fund IV ( MEVF IV ), with the aim of enabling emerging technology companies to obtain equity capital , which contributes to bridging the financing gap and promoting innovation and digital transformation in the Arab world.

Small and medium-sized enterprises (SMEs) are the backbone of Arab economies—representing over 90% of all businesses and playing a pivotal role in job creation and economic growth. Despite their importance, these companies still face significant challenges in accessing traditional bank financing due to limited collateral, lack of credit history, and difficulty in connecting with lenders.

In this context, the MEVF IV Fund focuses on investing in early-stage and growth-stage technology companies by injecting capital into companies with high growth potential, with the aim of building leading technology entities capable of making a positive and sustainable impact in Arab countries.

The MEVF IV fund is managed by Middle East Venture Partners (MEVP), a leading investment firm in the Middle East and North Africa region with a proven track record of supporting and scaling technology companies. Among its most notable investments are Anghami , the first Arab technology company to be listed on the NASDAQ , and Nayla , which has been instrumental in transforming the SME-focused financial services sector in Saudi Arabia .

The Bader Fund for SME Development aims to enable small and medium enterprises to access the financing sources and non-financial services necessary for their growth and expansion, thereby enhancing their competitiveness, contributing to the creation of quality job opportunities, and supporting the path of sustainable growth led by the private sector.

This collaboration comes within the framework of a shared vision to provide venture capital, technical support, and market access opportunities for emerging technology companies, opening new horizons for growth and contributing to driving sustainable economic development in the Arab world.

About MEVP :

Middle East Venture Partners ( MEVP ) is a leading venture capital firm in the Middle East and North Africa (MENA) region. It currently manages four regional technology funds with over $300 million in assets under management and approximately $2 billion in co-investments. Since its inception, MEVP's team of over 20 investment professionals has invested in more than 70 companies across the region, contributing to innovation and the growth of promising technology companies . For more information, please visit the website:

www.mevp.com

About the Bader Fund for the Development of Small and Medium Enterprises:

The Badir Fund for SME Development, established and managed by the Arab Fund for Economic and Social Development since 2009, offers a comprehensive package of support tools, including direct and indirect loans, technical assistance, and grants, to enhance the sustainability and competitiveness of these enterprises . Since its inception, the Badir Fund has provided loans totaling $ 1.5 billion and grants amounting to approximately $3.5 million to support SMEs in the Arab region. For more information about the Badir Fund's activities and operations, please visit the following link : https://www.arabfund.org/badir-fund/

For inquiries regarding MEVP Fund operations: Waleed Hanna, Chairman and Co-CEO

walid.hanna@mevp.com

Amir bin Ghadban, Acting Head of Alternative Investments:

m.ghodhbane@arabfund.org | admin@arabfund.org

For media inquiries , please contact:

Mohammed Eissa, Head of Media Department, m.eissa@arabfund.org

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