💫 Saudi venture capital has a bright future | Investasi Emas Online 💫 Saudi venture capital has a bright future | Investasi Emas Online

💫 Saudi venture capital has a bright future

Ferdian Santoso Reply 02.03

Investasi Emas

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If you don't yet know why now is a very exciting time to be involved in the MENA startup ecosystem, then you haven't been paying attention. In the last five years the number of companies valued at over $50M has grown from one, Maktoob, to over 10 companies including Bayt.com, Careem and Talabat.com.

Across the region, entrepreneurs have been witnessing various degrees of support from other stakeholders in the startup ecosystem. In the UAE, for example, a new entry visa scheme was recently launched to attract talent, entrepreneurs and innovators included. The new system will be implemented in two phases.
 You need to know
Is the cyber hack coming to a computer near you? (Here's what the UAE is doing to thwart the threat)
The roots of the Saudi investor, and why venture capital is a child with a bright future in KSA
Biometric tech is already reforming aid work in Jordan
 Wamda Capital
Last month, CNN dropped by the Wamda Capital offices to speak with Executive Chairman Fadi Ghandour on how Dubai's plan to become the most visited city by 2020 could play out with regards to entrepreneurship, as part of a 3-part series of the evolution of Dubai into the one of the fastest-growing cities in the world.
Making the rounds
What's the billion-dollar mindset? Careem cofounder and CEO Mudassir Sheikha shares the four factors that helped propel the startup. Tweet: Mudasshir Sheikha shares the lessons he learned while building @careem:  

Turkey-based Insider has recently rolled out InOne, a new tool allowing digital marketers to focus on data analysis and act using direct insights. Tweet: InOne, an all-in-one tool to empower marketers with usable reporting modules, predictive modelling & segmentation https://ctt.ec/1Eb4A+

Modanisa, one of the largest ecommerce platforms for modest fashion has closed a round led by Wamda CapitalTweet: @modanisa, the largest ecommerce platform for modest fashion has closed a round lead by Wamda Capital. https://ctt.ec/U3P1n+
 Mark your calendars
The month of March is brimming with events. Here's where you'll see us: Want more? Full list here.
 Other good reads 
Arab inventors have historically played a major role in U.S. innovation, with highly skilled immigrants contributing significantly to America's tech scene, in Silicon Valley, Boston, and elsewhere. 
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