Finance | Page 10

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

ASA Ventures founder and CEO Arif Saiyad wants to empower entrepreneurs to solve real problems.

Dubai-based YaLLa Esports champions the region's gaming culture by presenting esports as a viable career choice and creating homegrown talent.

Ulugbek Yuldashev, founder and CEO of Awok, has led his startup from just three employees in 2013 to a 700-strong team.

The founding partners of Hub71 have committed AED535 million fund to invest in tech startups.

The report, titled Helping Startups Access Funding and published in collaboration with Roland Berger, was released during an event in the Entrepreneurship Advocacy series run by Dubai Startup Hub, the entrepreneurial support arm of Dubai Chamber, at its head office in March.

Before you think about scaling your business, you have to make sure your business is sitting on a solid foundation and is ready to be scaled up.

Expo 2020 Dubai could lead to significant investment in the region, through people moving or expanding their business here.

How insurance firms can prepare themselves for the changes hitting their industry