A Jordanian website that lets users view and share humorous Arabic-language content is one of the winners of a contest to find the most promising internet startups in Europe and the Middle East.
Talasim was the only Arab company among the 21 ventures selected to participate in the week-long Seedcamp event in London.
Zeid Koudsi, Talasim's co-founder, said: "We were really under the spotlight as the only Arabs participating. Everyone there were so happy about our concept, because they all understand the need for self-expression in our part of the world. Building a platform for Arab self expression is something everyone really wanted to support."
As one of the event's six winners, Talasim will receive a ?50,000 (Dh269,772) investment from the Seedcamp organising team, which will take a 5 to 10 per cent stake in the company. Talasim will also benefit from mentorship and promotion by the team of venture capitalists which runs Seedcamp.
The site has 12,000 registered users and delivers more than one million page views each month, figures Mr Koudsi said he expected would double in the next three months as the new funding allowed for technical upgrades.
Mr Koudsi started the site as a blog hosted on Jeeran, the Arabic internet community that was co-founded by his brother, Omar. As the popularity of the blog grew, it was turned into a dedicated site run by Mr Koudsi and its co-founder, Sabri Hakim.
The company has received early investment from Jeeran, whose offices it shares in Amman. The Jordanian capital has emerged as a breeding ground for technology startups. Its community of internet entrepreneurs was most recently brought into the spotlight when Yahoo acquired Maktoob, the country's most successful web business.
The majority of Talasim's content and users currently originate in Jordan, and Mr Koudsi said his team would work harder in the coming year to expand its appeal across the Arab world. Attracting more content from Egypt, a centre for Arabic entertainment, and particularly comedy, is Mr Koudsi's priority.
The site relies on developing close relationships with the amateur comedians and entertainers who produce its content, and Mr Koudsi said this focus would continue as the site grew. "Comedy is a very sensitive, complicated thing," he said. "You don't build it just by putting up ads and asking for submissions, you need to meet the talent, sit with them, have a cigarette and understand what they want to do."
Earlier this year, Talasim was named as one of the 10 most promising startup companies in the Arab world at the Investing In Technology conference in Cairo. The conference, organised by the Arab Science and Technology Foundation, based in Sharjah, brought together 33 Middle-Eastern startups, which presented their businesses to panels of investors and venture capitalists.
@Email:tgara@thenational.ae
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Super Rugby play-offs
Quarter-finals
- Hurricanes 35, ACT 16
- Crusaders 17, Highlanders 0
- Lions 23, Sharks 21
- Chiefs 17, Stormers 11
Semi-finals
Saturday, July 29
- Crusaders v Chiefs, 12.35pm (UAE)
- Lions v Hurricanes, 4.30pm
RESULT
Manchester United 2 Burnley 2
Man United: Lingard (53', 90' 1)
Burnley: Barnes (3'), Defour (36')
Man of the Match: Jesse Lingard (Manchester United)
LIVING IN...
This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
UAE currency: the story behind the money in your pockets
Match info
Deccan Gladiators 87-8
Asif Khan 25, Dwayne Bravo 2-16
Maratha Arabians 89-2
Chadwick Walton 51 not out
Arabians won the final by eight wickets
Uefa Nations League: How it Works
The Uefa Nations League, introduced last year, has reached its final stage, to be played over five days in northern Portugal. The format of its closing tournament is compact, spread over two semi-finals, with the first, Portugal versus Switzerland in Porto on Wednesday evening, and the second, England against the Netherlands, in Guimaraes, on Thursday.
The winners of each semi will then meet at Porto’s Dragao stadium on Sunday, with the losing semi-finalists contesting a third-place play-off in Guimaraes earlier that day.
Qualifying for the final stage was via League A of the inaugural Nations League, in which the top 12 European countries according to Uefa's co-efficient seeding system were divided into four groups, the teams playing each other twice between September and November. Portugal, who finished above Italy and Poland, successfully bid to host the finals.
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LILO & STITCH
Starring: Sydney Elizebeth Agudong, Maia Kealoha, Chris Sanders
Director: Dean Fleischer Camp
Rating: 4.5/5
MATCH INFO
World Cup 2022 qualifier
UAE v Indonesia, Thursday, 8pm
Venue: Al Maktoum Stadium, Dubai
Zayed Sustainability Prize
The alternatives
• Founded in 2014, Telr is a payment aggregator and gateway with an office in Silicon Oasis. It’s e-commerce entry plan costs Dh349 monthly (plus VAT). QR codes direct customers to an online payment page and merchants can generate payments through messaging apps.
• Business Bay’s Pallapay claims 40,000-plus active merchants who can invoice customers and receive payment by card. Fees range from 1.99 per cent plus Dh1 per transaction depending on payment method and location, such as online or via UAE mobile.
• Tap started in May 2013 in Kuwait, allowing Middle East businesses to bill, accept, receive and make payments online “easier, faster and smoother” via goSell and goCollect. It supports more than 10,000 merchants. Monthly fees range from US$65-100, plus card charges of 2.75-3.75 per cent and Dh1.2 per sale.
• 2checkout’s “all-in-one payment gateway and merchant account” accepts payments in 200-plus markets for 2.4-3.9 per cent, plus a Dh1.2-Dh1.8 currency conversion charge. The US provider processes online shop and mobile transactions and has 17,000-plus active digital commerce users.
• PayPal is probably the best-known online goods payment method - usually used for eBay purchases - but can be used to receive funds, providing everyone’s signed up. Costs from 2.9 per cent plus Dh1.2 per transaction.
MATCH INFO
Norwich City 1 (Cantwell 75') Manchester United 2 (Aghalo 51' 118') After extra time.
Man of the match Harry Maguire (Manchester United)
UAE currency: the story behind the money in your pockets
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Is it worth it? We put cheesecake frap to the test.
The verdict from the nutritionists is damning. But does a cheesecake frappuccino taste good enough to merit the indulgence?
My advice is to only go there if you have unusually sweet tooth. I like my puddings, but this was a bit much even for me. The first hit is a winner, but it's downhill, slowly, from there. Each sip is a little less satisfying than the last, and maybe it was just all that sugar, but it isn't long before the rush is replaced by a creeping remorse. And half of the thing is still left.
The caramel version is far superior to the blueberry, too. If someone put a full caramel cheesecake through a liquidiser and scooped out the contents, it would probably taste something like this. Blueberry, on the other hand, has more of an artificial taste. It's like someone has tried to invent this drink in a lab, and while early results were promising, they're still in the testing phase. It isn't terrible, but something isn't quite right either.
So if you want an experience, go for a small, and opt for the caramel. But if you want a cheesecake, it's probably more satisfying, and not quite as unhealthy, to just order the real thing.
Killing of Qassem Suleimani