The brain behind MO4Network, one of the most … Amy Mowafi – Co-Founder & CEO, MO4Network. Publication date 2006 Topics Entrepreneurship -- Middle East, Entrepreneurship -- Africa, North ... "Sponsored by the Middle East Partnership Initiative, Bureau of Near Eastern Affairs, United States Department of State." Mark Carroll and Andreas BorgmannCo-founders of Kcal. In the lead up to our second annual “Women Behind Middle Eastern Brands” list on August 1, here's the Top 10 Women Behind Middle Eastern Brands. Daniel Kim: There’s this prevailing view that entrepreneurs, especially the most successful ones, tend to be young. At the end of March, it was announced that the largest e-commerce company in the Middle East and North Africa, Souq.com, would be acquired by … In 2010, Sunny further reinforced his commitment to and belief in the power of education by starting the Varkey GEMS Foundation, which is the philanthropic arm of GEMS Education. Starting with a capital base of AED 50,000 in 1974, Jumbo has grown into a USD 2 billion conglomerate and also caters to the hospitality, education, healthcare and finance sectors. By 2007, the two founders had rented their first office space and hired their first employees. The Jashanmal Group is one of the most popular and recognized business franchises in the country today. On a trip to Dubai in 2005, J.C. Butler and his co-founder, Sim Whatley, noticed the lack of a community service where people in Dubai could find anything from furniture to apartments to a job. This report aims to start Aim to accelerate growth. Founded by husband Manu Chhabria, also known as the ‘takeover tycoon’, The Jumbo Group… The Varkey GEMS foundation aims to provide education to underprivileged children across the world through partnerships with several other foundations including UNESCO, The Clinton Global Initiative, The Tony Blair Faith Foundation and Dubai Cares. Perhaps one of the Middle East region’s most popular online classifieds website, Dubizzle was co-founded by 24 year old J.C. Butler together with his partner Sim Whatley from their shared living room ‘headquarters’. For Middle East-based entrepreneurs, particular obstacles exist in terms of the lack of larger funding levels and follow-on investment. MEET was born at MIT. Customers can purchase the best products and services at the lowest possible prices, including dining, activities, beauty and spa, auto and travel deals on Cobone. Founded in 1987 by a group of young entrepreneurs, The Entrepreneur’s Organization enables small and large business owners to learn from each other, leading to greater business success and an enriched personal life. All great leaders are creative in innovating and this attracts a wider client base not only in the Middle East but around the world. //. Sunny Varkey took over the family business at the tender age of 20 and is the man behind the world’s largest kindergarten to grade 12 private education company. Founded in 2004 by two MIT Alumni, MEET is an educational initiative that has created a powerful network of young Israeli and Palestinian leaders who are changing the political and social landscape in the Middle East. Apart from his business acumen, Mr. Yussuffali is also a generous donor and is well known for his work in helping Indians residing in the UAE. Most popular for the its LuLu brand of hypermarkets, supermarkets and department stores, the Emke LuLu Group employs over 31,000 employees from 29 different countries and boasts a global annual turnover of USD 5.1 billion. "slot_uuid":"5e55003f-acc9-40c4-9120-59b45951acc5" The soft play area KidsHQ … A Syrian Entrepreneur Looks To Build The Amazon Of The Arab World : Parallels Souq.com, created by U.S.-educated Ronaldo Mouchawar, has a strong presence in the Middle East. This website uses cookies to improve your experience while you navigate through the website. Global Investment House, one of the largest Investment Companies in the Middle East and the first Kuwaiti company to list on the London Stock Exchange in 2008, was founded by American educated Maha Al Ghunaimi in 1998. She is also the executive director of two non-profit organizations – the ‘UAE Down’s Syndrome Association’ and the ‘UAE Genetic Diseases Association’. Maryam Matar is well recognized across the emirate for her passion and dedication to public service. The number of new startups in the Middle East has risen by more than 42% in the past three years, according to a report from Markets&Markets. Tony oversees the retail and wholesale trading of high-end luxury goods and services and the franchise has also expanded into the media sector through the direct distribution of magazines and books in the region. The story begins in 2000, when I joined forces with Maktoob, the first successful web portal in the Middle East. She is a senior TED fellow and according to a Fast Company she is one of the “100 Most Creative People in Business”. The authors of Wamda's report noted that "funding gaps are particularly acute for sizes of $500,000 and above," while Dubai Silicon Oasis's study stated that "the top two predominant financial challenges are access to capital and lack of financial support from banks". by vehementmedia, Dems utilize lawful pad notes to push back on a South American troop sending, Donald Trump’s base staying with him notwithstanding his shutdown cave, survey shows, The Fed needs to get ‘out of the business’ of fiscal arrangement: Ron Paul, ‘Fortnite’ V-Bucks Reportedly Being Used For Money Laundering, Russia to Make Backup Manned Vehicle for Moon Flights Without NASA Funding, Banbouk Music Onboard the biggest yacht party in the middle east at Dubai International Boat Show, ‘Robot caterpillar’ Could Move Inside Human Body for Medication Conveyance, Young Entrepreneur – Nitish Kumar Mishra who has already taken Digital Marketing to the Next Level, Meet youth icon of 2020, Sagar Bhardwaj , whose songs are trending on Spotify. What Is It Like For Women Working In Dubai. The Jashanmal Group partners with some of the most globally renowned retail and merchandizing brands including Burberry of London, Calvin Klein, Davidoff and LK Bennett. Headed by Tony Jashanmal, the company originated in Iraq in 1919 and quickly expanded across the Middle East, opening its first store in Dubai in 1956. These cookies do not store any personal information. Headquartered in Kuwait, GIH plays a key role in promoting investment opportunities across the MENA region offering integrated investment solutions to its clients in brokerage, asset management and investment banking services. gulfnews.com - Emirati entrepreneur Abeer Al Tamimi has a secret weapon that’s helped her create a prize-winning business: her family. March 11, 2021 4 min read Opinions expressed by Entrepreneur contributors are their own. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are as essential for the working of basic functionalities of the website. Esra’a Al Shafei is an influential civil rights activist, blogger and the founder and executive director of Middle-East Youth and number of civil rights projects including CrowdVoice.org. Of all the new startups being launched in the region, 25% are headed up by female entrepreneurs, reports Al Masah. Hazel Jackson, CEO, Biz-Group Biz-Group is a business consulting firm specializing in corporate training, team-building, and business strategy. In my home region of the Middle East, family businesses play an outsized role, accounting for over three-quarters of the private sector economy’s workforce.Many of the largest businesses in the region remain family run, having grown over the course of several generations from small enterprises into conglomerates spanning sectors and geographies. The better approach to learning would be to start with a mentor. Middle East tech: Nine proven ways to unlock the region's startup scene. Here, we look at some of these influential personalities who hail from a variety of backgrounds and some who have resided in the UAE almost since the country was born. We came across one rising talent from the heaven of the world of Srilanka Syed Shabeen Lebbe who is making his name count in the top list of youngest Entrepreneur around in the Middle East. In 2012, Paul won the Middle East entrepreneur of the year and the Ernst & Young Emerging Entrepreneur of the Year, highlighting his achievements at such an early stage in his career. Jumbo Electronics got its big break a year later, when Manu signed a deal with Sony Corporation, becoming its sole distributor in the Gulf. Access-restricted-item true Addeddate Mohamed Bin Issa Al Jaber is a self-made and one of the richest persons from middle east, he is one of the leaders who do not only believe in earning money but as well as he believes in contributing t … Company: A15. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience. Emirati entrepreneur Abeer Al Tamimi’s secret to success: Family March 08, 2021 She says the reason she’s able to do so much– managing a home, kids, work … Chairperson at The Jumbo Group. To do that you need to look inside yourself to understand your behaviors and reflexes. Tamer Azer, Venture Capitalist, 32, Egypt. This category only includes cookies that ensures basic functionalities and security features of the website. Better yet a network of mentors. Xische was envisioned by its founder Danish Farhan as the first-of-its kind hybrid consultancy service in the Middle East. Founded by husband Manu Chhabria, also known as the ‘takeover tycoon’, The Jumbo Group began with a single store in Dubai in 1974. Women Entrepreneurs in the Middle East and North Africa: Characteristics, Contributions and Challenges III GEM FOREWORD The importance of women's entrepreneurship for economic growth is increasingly recognized in the Middle East and North Africa (MENA). The program will be carried out by the U.S. Embassy, in partnership with Igire Rwanda Organization and Noble Women. }); In comparison, just 17% of startups in America are founded by women. Today it has its presence in 19 countries across the world, operating over a 100 schools that provide quality education to over 130,000 students.