By : JD News Editor
Jordan Daily - Iwan Ventures said on Wednesday it will continue operating as an independent investment firm, ending recent acquisition discussions with Qewam Holding Group by mutual agreement.
The decision follows a strategic review of the company’s operational and investment plans. Iwan Ventures said maintaining independence would better serve its partners’ interests and provide flexibility to pursue growing opportunities in technology and innovation across Saudi Arabia and the wider region.
Chief Executive Officer Lewa Abukhait said the firm remains confident in the region’s strong market potential, adding that independence would enhance agility and support for its investment portfolio.
The company said its operations will continue as normal, reaffirming its role in backing startups and contributing to the development of the regional venture capital ecosystem.
