Now Money receives $7m boost as it seeks to launch operations in Saudi Arabia
Wamda Capital
Latest in Wamda Capital
Abu Dhabi
Consumers will be ultimate winners of Uber-Didi Chuxing rivalry, says Fadi Ghandour
Didi’s entrance to the Middle East was “inevitable” but will result in affordable pricing for users
Abu Dhabi economy
Abu Dhabi SME bank guarantee will ‘change business landscape’ – Ghandour
Wamda Capital executive chairman hails move to break down banking barrier for smaller firms
Amazon
Souq.com could have gone public, says Fadi Ghandour
Wamda Capital’s Fadi Ghandour said a listing would have been a statement about the eco-system in the region
Careem
Uber, Careem deal ‘validates investment’ in the region, says Fadi Ghandour
Wamda Capital’s Fadi Ghandour said he expected the deal to create investment opportunities for new entrepreneurs
Abraaj Group
Putting the Abraaj scandal behind it, DIFC looks to the future
A record 437 new businesses registered in DIFC in 2018
Andrew Morris
How Dubai plans to bolster SMEs, strengthen economy
The emirate’s move to speed up payment to SMEs will help develop their businesses and will ease their cash flow burdens
Andrew Morris
Dubai SME payment acceleration will bolster businesses and economy
Wamda Capital executive chairman Fadi Ghandour said the move is “extremely important” for SMEs
Arabian Business StartUp Academy
Scaling a Middle East business will attract global investors, says Wamda Capital
The complicated nature of regional markets makes it more difficult to grow a business in MENA as opposed to other regions
AQ&P
Many Middle East start ups to ‘disappear,’ few to successfully exit, says UAE investor
Fahim Al Qasimi argues against Fadi Ghandour’s prediction that 2019 will be the year of exits for regional start ups
Argo Ventures
Yallacompare raises $8m in new funding round
Yallacompare expects to issue over $50m worth of insurance policies in 2019
Careem
2019 will be ‘year of exits’ by Middle East start-ups, says Fadi Ghandour
Western funds will only invest in size and scale, according to the executive chairman of Wamda Capital
Entrepreneurs
Video: Wamda launches fellowship programme
The StartUp ecosystem in the region is nascent and has a number of hurdles to overcome in order to unlock its potential of contributing significantly to the economy, which it is failing to do right now. Partners at Wamda Capital unveils Wamda X, a fellowship programme aimed at supporting aspiring entrepreneurs, and explains the various challenges that the ecosystem currently faces.
Ali Akawi
Fadi Ghandour dedicates award to Arab start-ups ‘creating a new world’
Fadi Ghandour is executive chairman at Wamda Capital where he advocates for regional start-up concerns ranging from mentoring to funding
Abdul Aziz Al Ghurair
Ruler of Ras Al Khaimah honoured at Arabian Business Achievement Awards
Eight Iraqi women received Arabian Business Achievement Awards in acknowledgement of their fighting spirit, their entrepreneurial spirit and their ability to pass on knowledge to others
Booking.com
Many Middle East start ups miss the ‘social’ part of social media, says Wamda director
Social media strategies need to be flexible, according to Kamel Al-Asmar, as the industry changes too quickly for long term plans
Kunal Kapoor
Dubai start-up The Luxury Closet raises $8.7m in funding
Middle East Venture Partners and Wamda Capital lead the second-hand fashion firm’s growth financing round