Indicating that great things are expected for Arabian startup Arab Crunch, Ex-Vice President of Yahoo, Basil Ojjeh has invested an undisclosed sum, expected to launch Arab Crunch to assured stardom on the Internet.

Arab Crunch owner and CEO, Gaith Saqer  is about to hit paydirt. The fact that an ex-Yahoo exec is willing to play the role of angel investor to Arab Crunch is an indication of the expectations for the Middle East’s answer to TechCrunch.

An Arab Crunch blogpost described the purpose of …

“ArabCrunch.NET will facilitate knowledge transfer and enable veterans from Silicon Valley to work with and mentor young talent from the MENA region,” said Bassel Yassine Ojjeh, a former Senior Vice President of Yahoo!, Inc. USA, a serial entrepreneur and Board Member of ArabCrunch Group, who led the round of funding.”