AppsArabia by Twofour54

Twofour54 ibtikar, the business arm of Abu Dhabi’s state-backed media zone, announced the launch of a seed fund designed to drive the development of Arabic-language mobile applications.
‘AppsArabia’, will offer capital to Arab entrepreneurs, developers and businesses to create homegrown apps for devices such as the iPhone and iPad, and Blackberry, Nokia and Android handsets. (how cool is that?)

twofour54 will also offer mentoring, commercial planning and a website that will put entrepreneurs in touch with app developers. Not to forget also, the successful projects will be sold under the AppsArabia brand, with developers taking a share of the profit once twofour54 has recouped its initial investment.
The fund is already in talks with UAE telecom firms Etisalat and du