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AMMAN — Oasis500 and SM Capital, a venture capital and investment advisory firm specialising in fintech, artificial intelligence, and strategic infrastructure, have signed a strategic memorandum of understanding (MoU) aimed at strengthening investment linkages between the Mediterranean, the Middle East and North Africa (MENA), Europe, and global technology ecosystems.
Titled “Building the Digital Capital Bridge Between the Mediterranean and MENA,” the MoU sets out a framework for cooperation in co-investment, deal-flow generation, engagement with limited partners and institutional investors, and the development of innovation and entrepreneurship ecosystems, the Jordan News Agency, Petra, reported.
The agreement seeks to establish more effective institutional connections between capital providers, founders, and innovation hubs operating across both regions.
Oasis500 Chairwoman Suhair Al Ali said that, as a pioneering venture capital and entrepreneurship platform in the MENA region, Oasis500 has spent more than 15 years empowering entrepreneurs by linking founders with the capital, networks, and market access needed to scale high-growth companies.
Al Ali noted that SM Capital brings an extensive network of European institutional relationships, alongside deep expertise in technology investment and strong global market ties.
She said that the collaboration represents an opportunity to build stronger pathways connecting the MENA region with Europe, the Mediterranean, and Silicon Valley.
She added that the importance of such strategic partnerships is increasing as the regional innovation economy matures, playing a key role in attracting investment, accelerating startup growth, and strengthening the region’s position in the global technology landscape.
Founder and CEO of SM Capital Stiven Muccioli said that innovation ecosystems today compete less through geography and more through the strength of their interconnectedness.
He stressed that the next phase of venture capital in the Mediterranean and MENA region will depend on building stronger institutional relationships linking investors, founders, and innovation platforms across diverse markets.
Muccioli said the goal is to help create a more integrated investment corridor connecting Europe, the Mediterranean, and MENA, while expanding access to global capital and expertise.
The signing took place on the sidelines of the fourth Marrakesh Economic Parliamentary Forum for the Euro-Mediterranean and Gulf Regions, held in Marrakesh, Morocco.
Oasis500 is a development project under the King Abdullah II Fund for Development (KAFD). Since its establishment, it has played a key role in supporting Jordan’s entrepreneurship and venture capital ecosystem, as well as the wider region.
