Saudi-led DCO welcomes Jordan-based Oasis500 to its growing network

Saudi-led DCO welcomes Jordan-based Oasis500 to its growing network

The Saudi Arabia-based Digital Cooperation Organization (DCO) has welcomed seed investment company and business accelerator Oasis500 to its growing network of observer organizations, as part of its mission to allow digital prosperity for all.

The Jordanian investor will help entrepreneurs in DC member states with digital economy access. Oasis500, the first investment group to join the DCO, is focused on creating a sustainable entrepreneurial ecosystem. Since its inception in 2010, Oasis500 has invested in and supported over 180 startups in Jordan, resulting in nearly 1200 direct and 4,400 indirect jobs.

The DCO, which focuses on youth, startup entrepreneurs, and women in the digital economy, has nine member states with a combined GDP of over $2 trillion and a population of well over half a billion people. DCO member states provide a huge market opportunity for investors and entrepreneurs alike, as digital growth is expected to account for 70 percent of future economic growth.

Deemah AlYahya

Secretary-General

DCO “Providing support both financially and through mentorship schemes is something that is both personally important to us, and underpins much of what we do at the DCO. That’s what makes this partnership with Oasis500 such a natural collaboration. On my visits to Jordan, I have seen first-hand the