MBC Group, a Dubai-based media group for pan-Arab information, such as Arabs Got Talent television (pictured), has started its corporate venturing unit and completed its first three deals.
MBC Ventures will invest at the seed stage in media and entertainment start-ups in the Middle East and North Africa.
Two of the three deals, Falafel Games and Aranim Games, are in the gaming sector, and the other, Supermama, is in digital content.
Dania Ismail, strategy and business development manager at MBC, said: "We want to support media coming out of the region, for the region, and help start-ups reach scale. We see a lot of entrepreneurs pitching ideas in the media sector who could use help understanding the market. As MBC, it makes sense to offer up our expertise."