N2V Invests in Online Arabic Magazine Network Mjalati

N2V (Saudi based National net ventures) has announced that it invested in Mj in the region (Jordan, Saudi Arabia, Egypt and UAE). The startup offers multiple online Arabic magazine-networks for women, lifestyle, and business.

N2V CEO Rashid Al Ballaa who announced the investment talked about the bright future that awaits online publishing and online magazines in particular in the region. “The online magazine industry is booming in Arabia, and it is important to encourage ventures in this domain to offer more value content to online communities in the Arab World.”

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