Amman, June 9 (Petra) — Chairwoman of the Board of Directors of
Oasis500, Suhair Al-Ali, affirmed that the company continues its role
as an early-stage investor and active partner in supporting tech
startups to enhance their growth and competitiveness. She noted that
these efforts align with Royal directives and coincide with the
Kingdom’s celebrations of Accession to the Throne Day.

In a statement to the Jordan News Agency (Petra), Al-Ali said that
over the past fifteen years, Oasis500 has played a pivotal role in
building Jordan’s entrepreneurship and venture capital ecosystem,
establishing itself as a prominent early-stage investor across the
region.

She explained that the company’s support extends beyond financing to
include empowering founders with access to expertise, networks, and
key relationships. It also focuses on enhancing startups’ investment
readiness, refining governance structures, building strategic
partnerships, and connecting them with potential regional and
international investors and clients.

Al-Ali revealed that the company launched its fourth investment fund
this year, named “Oasis Ventures III (OVIII)”. The fund is designed
to back early-stage tech companies and enable entrepreneurs to build
scalable businesses capable of expanding regionally and globally.

The new fund targets high-growth tech startups to drive sustainable
development and generate long-term economic value, she added, noting
that startup success relies on a comprehensive support ecosystem
alongside capital.

Since its inception in 2010, Oasis500 has supported 193 startups,
which have successfully attracted over $135 million in follow-on
funding, bringing their total valuation to approximately $243
million, Al-Ali pointed out.

Furthermore, she highlighted that the company has contributed to
creating nearly 5,000 direct and indirect jobs while expanding its
footprint to over 22 countries worldwide an achievement that reflects
its ongoing growth and contribution to the national economy.

Al-Ali concluded by emphasizing that these milestones translate the
vision of His Majesty King Abdullah II to empower youth, foster
innovation, and align with the Economic Modernization Vision. She
noted that Oasis500 was originally established by the King Abdullah
II Fund for Development (KAFD) to cultivate the entrepreneurial
landscape, drive job creation, and achieve sustainable development in
the Kingdom.

//Petra// AF