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As the Coronavirus outbreak brings the world's economy to a halt, many businesses in the region are beginning to feel the effects. Fadi Ghandour, executive chairman of Wamda and founder of Aramex, outlines the lessons to bear in mind during the uncertain and difficult times.

Bahrain's smaller startups, with their ability to roll-out smart ideas fast, are leading the way and supporting the local communities at a time when many businesses cannot serve their customers through traditional channels. As these firms continue to offer a high quality of life for those staying indoors, Bahrain's startups may be looking at an opportunity to export their services to the global market.

Founded in 2013, Jordan-based mobile games publisher Tamatem, is one of the companies that has seen an exponential surge in demand with the complete shut down of most outdoor activities in the region. We spoke with Tamatem's Hussam Hammo about the impact of the Coronavirus outbreak on the already-thriving gaming industry in Mena.

Today, consumers in Mena are turning to e-commerce platforms to order groceries and other essential supplies, in a bid to avoid crowded supermarkets. With in-home consumption increasing, e-grocery apps have witnessed soaring numbers of daily orders. But as demand peaks, and consumer behavior shifts, challenges arise.

Contribute to our upcoming report on the Impact of COVID-19 on the startup ecosystem

Wamda, in collaboration with Arabnet, is conducting research for a report on the impact of COVID-19 on the startup ecosystem across the Middle East and North Africa. The end-result will provide valuable insight into the challenges and opportunities that are now facing startups in the region.

Regardless of your sector, or startup, If you are an entrepreneur or a founder in the region, we would love to hear your opinion on the current pandemic by filling this survey.

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

SARY secures $6.6 million

The Modist ceases operations

Pure Harvest secures $100 million multi-stage commitment from Wafra

Mamo Pay raises $1.5 million

Do you have a story you'd like to share with us? Drop us a line.

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Investasi Emas

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It might feel like the world of work is entering a period of hibernation, especially to those still working remotely. But once the current restrictions are lifted, we will re-emerge to a different world. In this podcast, we spoke with three stakeholders in the entrepreneurship ecosystem to understand the difficulties they are facing in the business community today.

The top five venture capital investments for the first quarter of this year, all of which closed before the Coronavirus pandemic, amounted to $173 million with the UAE once again accounting for most of that.
It remains to be seen how active the investment community will be in the second quarter of 2020, but an overall slowdown may be inevitable.

The Coronavirus threat has pushed millions in Mena to work from home, bringing drastic, unprecedented changes to the way we conduct business. With some businesses, such as e-grocery, and healthtech startups witnessing hiring sprees to meet rising demand, others are struggling to retain employees. Will Mena see a fundamental shift in working culture post-coronavirus?

Remote working: How founders can maintain team productivity

With the majority of employees in Mena working from home, we spoke with Hussam Hammo, founder and CEO of mobile publisher Tamatem and Claire Donnelly, regional director of HR consultancy The Alpha Group about the role of founders in enabling team productivity and ensuring teams stay motivated during these times.