AYM

AYM is an investment holding company specialising in breakthrough digital technologies and online business in the Middle East and North Africa (MENA) region.

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About Us

AYM’s pioneering investment approach is led by the vision that a dedicated team of industry experts can build exceptional technologies and companies of enduring value.

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Our Approach

Our objective is to build extraordinary digital and online technologies that will shape the future of key industries in the Middle East and beyond and create attractive returns for our investors.

To achieve this goal, we seek to forge lasting partnerships with entrepreneurs, technologists and executives and deliver the capital, industry expertise and broad network of relationships needed to succeed.

We believe our specialized industry knowledge, experience and relationships provide us with important competitive advantages as we pursue growth.

  • Source investment and technology opportunties
  • Recognize important market trends quickly early
  • Conduct efficient due diligence
  • Recruit world-class, experienced professionals
  • Bring strategic relationships with corporate operating in our industries
  • Enlist senior advisors and operating partners to help address specific needs
  • Identify attractive merger and acquisition candidates

Current Projects

Danube App

AYM developed the technology and the e-commerce platform for a new leading online grocery and shopping app in the region, hosted on DanubeCo.com. The beta version of the Danube app attracted high user volumes with the new version set to break new ground in the MENA region’s online grocery and shopping space.

Our Team

One of our most valuable resources is our highly experienced senior leadership team who approach our investments with global perspective and local expertise.

With strong track records of establishing and scaling fast-growth technology companies globally and in the MENA region, they help AYM identify technologies, investments, diligence opportunities, and drive operational scale in our investments.

Majed M Al Tahan
Founder & CEO
Majed M. Al Tahan is an established entrepreneur in the Kingdom of Saudi Arabia with a great passion to impact the apps market. From an early age, he was always eager to build up his own businesses and take the...
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Majed M. Al Tahan is an established entrepreneur in the Kingdom of Saudi Arabia with a great passion to impact the apps market.

From an early age, he was always eager to build up his own businesses and take the entrepreneurial plunge.  After graduating university with an architecture degree, he started working as a real estate developer working with some of the biggest names in the industry. During this period of six years, he continued developing ideas for his next business move.

Majed recognized that e-commerce was the missing element in the Saudi commerce landscape at the time and he grabbed the opportunity to begin his journey to build the first ever online service for grocery shopping in the Kingdom with the Bin Dawood group.

Majed Al Tahan thrives on excellence and believes in people first. Today, at the helm of Danube’s online offering, he’s focused on developing the technology behind the e-commerce platform and as Founder and CEO of AYM spearheading the breakthrough of digital technologies and online business in the Middle East and North Africa (MENA) region.

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Douglas Collins
Managing Director
Douglas Collins is one of Ireland’s most successful entrepreneurs.  In his 24-year career, he has successfully raised $74M of funding to date and exited companies valued at over $ 470M. He started his career in the multinational medical device industry...
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Douglas Collins is one of Ireland’s most successful entrepreneurs.  In his 24-year career, he has successfully raised $74M of funding to date and exited companies valued at over $ 470M.

He started his career in the multinational medical device industry in Ireland. Douglas carved a career in the industry by excelling in scaling businesses while building a robust network with the like-minded people in the industry.

His self-belief propelled him to take a leadership role at the time with a new startup; MedNova- an e-commerce innovation in the Medtech space. Douglas and his team sold MedNova for approximately $150M, making it the most successful startup in the Medical Device space in Ireland.

Following the success of MedNova, Douglas headed the Vascular division of Abbott Vascular Devices in Galway Ireland and in the year 2008, he founded JenMed, a High Precision Medical Device manufacturer which he sold to a Chinese investment group.

He relocated to the Middle East in the year 2009 and by 2013 was leading Medtech company, Oneview to IPO in just three years, yielding great returns for investors. Oneview was the first Irish company to IPO on the Australian Securitas Exchange (ASX) and tells a story of beating the odds to win and make history.

This led to the evolution of PureHealth and The Meru Group, founded with partner and fellow Irish entrepreneur, Paul Kenny. Douglas is currently acting Managing Director of the AYM, heavily focused on building out the largest E-commerce platform across the MENA region.

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Paul Kenny
Managing Director
Paul Kenny is a renowned technology Entrepreneur in the Middle East. Kenny is one of the most important figures in the startup space in the MENA region and is an active investor, mentor and advisor to numerous companies around the...
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Paul Kenny is a renowned technology Entrepreneur in the Middle East. Kenny is one of the most important figures in the startup space in the MENA region and is an active investor, mentor and advisor to numerous companies around the world.

He is a founding partner at Emerge Ventures, a venture capital firm focused on high-impact early stage and Series A investments in Emerging Markets.

Kenny previously founded Dubai based online coupon website, Cobone, which was later sold in a multi-million-euro deal, to the US based investment firm Tiger Global Management.

Paul has been selected as the 10th most influential person under the age of 30 in the Middle East, one of the 25 most important people in technology in the region, in the Top 10 Entrepreneurs in the Middle East by Gulf Business and one of the 30 under 30 shaping Ireland’s future by Ireland’s biggest news website; The Independent.

In September and October 2012 Paul won the Middle East Entrepreneur of the Year by Gulf Business and the Ernst & Young Emerging Entrepreneur of the Year award, highlighting the explosive growth achieved so early in his career. He has made numerous investments into Technology companies worldwide and sits as a board member and advisor to several companies.

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James Whelton
Chief Technology Officer
James Whelton is the Chief Technology Officer at AYM. As a digital age thought leader, James Whelton has appeared in The Wall Street Journal, Forbes, Huffington Post, Wired, TechCrunch and The San Francisco Chronicle. At age 18, James co—founded with...
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James Whelton is the Chief Technology Officer at AYM. As a digital age thought leader, James Whelton has appeared in The Wall Street Journal, Forbes, Huffington Post, Wired, TechCrunch and The San Francisco Chronicle.

At age 18, James co—founded with Bill Liao, CoderDojo, a not-for-profit volunteer organization, setting up youth computer clubs across Ireland and the World.  Today it is present in over 69 countries with more than 1250 clubs, teaching over 35,000 children weekly.

He is a master orator on entrepreneurship and technical subjects. As a regular guest speaker at colleges, universities and embassies, James has spoken at numerous conferences such as the Web Summit, F.ounders, Funconf, JSConf US & Berlin, Distill San Francisco, Mozilla’s Mozfest and more. In partnerships with CoderDojo, he has worked alongside Twitter, Google, Facebook, GitHub, Microsoft, Enterprise Ireland, US State Department and more. He is also involved in advising and addressing government bodies nationally and internationally on subjects such as youth entrepreneurship and technology education. He was featured on the Forbes’ 30 under 30 list in 2012.

James joined UAE’s biggest deal site Cobone as the Chief Technology Officer (CTO) in 2013 working closely with the management team to lead Cobone successfully through an acquisition in December of 2014.

As the CTO for AYM James leads the charter to build the infrastructure and technology elements for AYM’s partners across the Middle East and North Africa (MENA) region.

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Byron Koller
Chief Marketing Officer
Byron Koller is a leading marketer in the MENA in the e-commerce space with expertise in online marketing, e-commerce, cross channel marketing automation, strategy and leadership, product and market development. He has gained profound expertise in the growth of emerging...
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Byron Koller is a leading marketer in the MENA in the e-commerce space with expertise in online marketing, e-commerce, cross channel marketing automation, strategy and leadership, product and market development. He has gained profound expertise in the growth of emerging markets from his time leading the marketing function across a variety of the Middle East’s tech start ups and leaders including Cobone.com, where he was Co-founder and CMO and Souqmal.com.

Originally from South Africa, Byron resides in Dubai and is currently leading the marketing function at AYM.

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Siobhan McCarthy
Director of Communications
Siobhan McCarthy joined the AYM group as director of communications in May 2017. She leads a team responsible for developing the communications strategies that help advance the company’s mission to build exceptional technologies and companies of enduring value across the...
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Siobhan McCarthy joined the AYM group as director of communications in May 2017. She leads a team responsible for developing the communications strategies that help advance the company’s mission to build exceptional technologies and companies of enduring value across the MENA region.

As a communications consultant, Siobhan has over 14 years of experience creating and implementing multi-market communication strategies. She has worked with multinational corporations (listed and private), governments, brand and NGOs.

In the Middle East, prior to joining AYM, she was the head of corporate communications at Travelport for Europe, Middle East, Africa and South Asia, where she was responsible for providing leadership and support in the delivery of global corporate communications and PR objectives related to Travelport’s commercial priorities and strategic initiatives across the region, including driving all regional PR and employee communications programmes. Previously, she led Edelman Middle East’s pharma, medical device and consumer health businesses where she worked with clients such as Johnson & Johnson, Pfizer, Astra Zeneca, Yum! Foods, Pepsico, Wrigley, BRF/ Sadia Foods, Lifescan, Medtronic, Cleveland Clinic Abu Dhabi Hospital. She also developed and managed the Edelman affiliate network across the Middle East and Africa.

 

 

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Join Our Global Team

AYM is now employing over 60 people to support our projects across the region and who will lead the company to achieve our vision of building extraordinary digital and online technologies that will shape the future of key industries in the Middle East and beyond, creating attractive returns for our investors. For our growth and expansion, we are seeking new talents to join our l team.

Whether your skills lie within technology, marketing, operations or logistics, please contact our HR team for the current list of vacancies. [email protected]

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