# Wamda Capital

Wamda Capital is a Venture Capital based in Dubai, United Arab Emirates.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** Dubai, United Arab Emirates
- **Region:** Middle East
- **Address:** Dubai, United Arab Emirates
- **Founded:** 2014
- **Assets under management:** Undisclosed
- **Website:** wamdacapital.com
- **LinkedIn:** https://www.linkedin.com/company/wamda-capital

## Regulatory record

- **Reports private funds:** No

## About

Wamda Capital invests in transformational businesses and creates meaningful partnerships with entrepreneurs. It takes a founder-led approach and operates as an Evergreen Fund that prioritizes long-term investments. With over a decade of experience, it has invested in over 100 companies.

## Sectors

- FinTech
- Enterprise Software
- Mobility & Transportation
- Digital Health
- Education

## Offices

- Amman, Jordan
- Cairo, Egypt

## People

- Fadi Ghandour — Founder and Managing Partner
- Walid Hanna — Managing Partner

## Questions

### Who runs investment decisions at Wamda Capital?

Fadi Ghandour and Walid Hanna serve as managing partners and lead the investment committee. Ghandour, the founder of logistics company Aramex, provides the strategic direction and LP relationships. Hanna, who previously invested at Dubai International Capital, oversees deal execution and portfolio management. Their partnership structure means major investment decisions require consensus between the two.

### Did Wamda Capital invest in Careem, and what happened to that position?

Yes. Wamda was an early investor in Careem, the Dubai-founded ride-hailing company. The position returned capital to the fund when Uber acquired Careem for $3.1 billion in 2019 (per TechCrunch, 2019). The exit represented one of the earliest venture-scale liquidity events for a Middle East-born technology company, and it established Wamda's ability to navigate cross-border tech M&A.

### What is Wamda Capital's relationship to the Wamda media platform?

Both were launched by Fadi Ghandour and share the Wamda brand, but they operate as distinct entities. Wamda the media platform produces editorial content, research, and community programs for entrepreneurs across the Middle East and North Africa. The investment firm, Wamda Capital, is a separate venture capital manager with its own investment committee and LP base. The media platform's visibility across 20-plus Arab markets provides informal deal-flow connectivity.

### How does Wamda Capital source companies in markets like Jordan and Egypt?

The firm maintains physical offices in Amman and Cairo staffed with local investment professionals who operate outside the regional conference circuit that dominates Gulf-based sourcing. This distributed footprint allows Wamda to access technical founders building in Arabic-speaking markets before those founders migrate to Dubai or raise from sovereign wealth funds. The Jordan office also co-manages a dedicated early-stage fund with the government-backed Innovative Startups and SMEs Fund.

## Related profiles

- [Walter Capital Partners](https://altss.com/profile/walter-capital-partners)
- [WAMEX](https://altss.com/profile/wamex)

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Last updated: 2026-08-11T15:08:32.892Z

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