MEVP is a venture capital firm with deep Beirut roots. A 2010 Executive Magazine report described how Walid Hanna persuaded his partners to move the venture from Dubai to Lebanon, where its first Middle East Venture Fund closed at 10 million dollars, backed by Lebanese banks, conglomerates and individual investors. The early plan was to invest mostly in Lebanese companies with regional or global markets. The firm has since grown, now listing offices in Beirut, Dubai, Cairo, Bahrain, Riyadh and Abu Dhabi and reporting more than 300 million dollars in assets under management. Its portfolio includes Anghami, Fresha, The Luxury Closet, Altibbi, HyperPay and MNT-Halan, and its fourth fund was announced at 150 million dollars. In 2025 it fully funded the seed round of XFOLIO, a French-Lebanese fintech.
Middle East Venture Partners (MEVP) at a glance
- First fund closed at 10 million dollars, raised largely in Lebanon
- Reports more than 300 million dollars under management
- Portfolio includes Anghami and Altibbi
- Fourth fund announced at 150 million dollars
Who is behind Middle East Venture Partners (MEVP)
- Walid Hanna (Founder, Chairman and Co-CEO). Source: mevp.com
- Walid Mansour (Co-founder and Co-CEO). Source: mevp.com