Finance | Page 10

Allied Investment Partners, a partnership between Al Hail Holding and Future Capital, is raising an AED5 billion fund to invest in products that straddle across the risk spectrum.

Enabling global entrepreneurial success stories from the MENA region

Founded by Elie Haber, Johnny Khazzoum, and Tony Abou Mrad in January 2019, Food To Go offers technology-driven restaurant operations to franchisers and food outlets, helping them sustain quality amid today's increasing restaurant operational costs.

The co-founder of NOW Money looks back at their journey of championing financial inclusion through their fintech platform.

The Dubai-based venture capital firm BECO Capital has closed its second fund at US$100 million

The future of payments and digital innovation depends on the ability to collaborate with traditional and new players in the banking and payments sector to solve real consumer and merchant needs.

As customer expectations rise –fuelled by the ever-improving user experience of digital services– their patience falls, meaning banks are constantly having to race to keep up.

They plan to use the new capital infusion to "dominate the Gulf region, and grow in South East Asia."

It is imperative to follow fundamental rules and keep certain key considerations in mind to avoid facing financial issues that may lead to bankruptcy.

Today's tech-savvy millennials, who have information at their fingertips, have underlined the need for a new business model that the property sector cannot ignore.

Washmen, a Dubai-based startup streamlining dry cleaning and laundry services, has successfully raised US$6.2 million in a Series B round.

It's time to suit up, and figure out what we need to do to kick business into high gear.

Currently active in the UAE, Lock&Stock is a free mobile app that allows students to earn points each time –one point for every three minutes– their phones are locked during a class.

Entrepreneurs in the UAE highlight banking services, and in particular the obstacles to opening a bank account, as their number 1 challenge according to entrepreneurship advocacy white paper released by Dubai Chamber and Roland Berger in 2018.

Attracting funding bridges the gap between having a great idea and building a successful business.

"Financing startups and SMEs is about bringing to life revolutionary and life-changing concepts. 'Investing in something you believe in,' and 'funding the future' are key drivers of these type of investments."

The e-commerce platform designed for mums plans to invest further in technology and top global talent to fuel expansion plans across the Middle East

Huge gaps still exist in the Middle East and North Africa's startup funding ecosystem, but substantial recent exits and an improvement in the quality of pitches could be on the way to changing the status quo.

You could have the best offering in the world, but without charging the right amount you will either lose money or lose customers.

With investors becoming increasingly socially responsible, it's time to focus on measuring the impact of impact investing.

The Senior Vice-President and Head of Development Services at Bahrain Development Bank -who is also the Fund Manager at Al Waha Fund of Funds- on how her country's initiatives are enabling not just its own but the region's entrepreneurial ecosystem