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The fashion industry is beginning to focus on sustainability and one solution is the sharing economy.

Investasi Emas

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It takes 20,000 litres of water to produce the cotton needed for just one t-shirt and a pair of jeans. Consumers are also buying twice as much clothing and wearing them for half as long. To combat the impact on the environment, the fashion industry is beginning to focus on sustainability and one solution is the sharing economy.

Lebanese designers have been dominating international Fashion Weeks, red carpets and catwalks for decades. However, rising through these ranks is much more challenging than it seems. Endeavor Lebanon, together with the Beirut Digital District, gathered industry professionals to understand the changing fashion landscape.

Realising the damage that fashion causes the environment, Maya Talih Khatoun along with her cousin Tima Hamadeh, launched RIOT, an online marketplace for pre-owned fashion items. In our conversation with Khatoun, she tells us how they've incorporated technology into the business.

In case you missed it - here's our round-up from News Watch:

Jordan's DigitaSport raises seed funding

UAE and Saudi-based Trukkin raises $3.5 million

Jordan's Mawdoo3 closes Series B with $23.5 million

Careem acquires Abu Dhabi's Cyacle bike-share company

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Coba Demo Akun Rekomendasi Kami, Untuk Menguji Keakuratan Analisanya. Ubahlah PELUANG menjadi UANG

Fintech and financial inclusion as a means to grow Egypt's financial sector

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Investasi Emas

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As the majority of the Egyptian population doesn't have access to basic, adequate financial services, it is through fintech and a shift towards digitisation that Egypt can increase financial inclusion and grow the overall financial sector.

Huawei has become the latest target in the China-US trade war, which saw the telecoms giant banned from buying US goods and services. How will that affect the Middle East, where Huawei has the largest share of the region's smartphone market and has been instrumental in building the telecoms infrastructure here?

MoneyFellows is a digital version of "gam'eya", the informal lending circles commonly practised in Egypt, where a small community of people contribute a fixed amount of money, taking it in turns to receive the whole sum every month. Founder Ahmed Wadi tells us about his journey , and how the idea originated.