BECO Capital, an investment firm based in Dubai, and a consortium of angel investors announced investing $1 million in the hotel booking website TravelerVIP.com. The website offers its members up to 50% discount on luxury hotels and has deals with 1,000 hotels. The angel investors in this round included Soha Nashaat, former CEO of Barclays Wealth MENA & Turkey, and Jakob Beck Thomsen, CEO of SaxoBank MENA & Turkey.