Author: Arabian Media staff
Venture investments in Central Asia grew to $96m in 2024 – a 7 per cent increase compared to 2023, according to RISE Research data. With limited local markets, startups from the region are increasingly expanding internationally, adopting global scaling models. More than 20 startups founded by entrepreneurs from Central Asia are already operating in the UAE, making the country one of the key destinations for regional entrepreneurs looking to scale. Central Asia startups in UAE Ainur Zhanturina, of RISE Research, said: “Kazakhstan maintains its leadership position and remains the most active venture investment market in Central Asia, accounting for 74…
One of the first Iranian novelists to write in English, she examined the clash between East and West. Her debut novel, “Foreigner,” provided insight into pre-revolutionary Iran. Source link
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The UAE has been named the best place in the world for entrepreneurs as foreign ownership rules, government support and finance options make it easier than ever to launch a business in the country. The UAE has ranked first globally for the fourth consecutive year in the Global Entrepreneurship Monitor (GEM) Report 2024/2025. The report also ranked the UAE as the best place for entrepreneurship and small and medium-sized enterprises among 56 economies assessed this year. UAE tops entrepreneur ranking The UAE secured the top position among high-income countries in 11 out of 13 key indicators based on expert assessments…
The meeting came days after President Trump announced he would end sanctions against Syria and met with the country’s president, a former jihadist. Source link
TEL AVIV: Israel approved plans on Monday to capture the entire Gaza Strip and remain in the territory for an unspecified amount of time, two Israeli officials said, in a move that if implemented would vastly expand Israel’s operations in the Palestinian territory and likely bring fierce international opposition. Israeli Cabinet ministers approved the plan in an early morning vote, hours after the Israeli military chief said the army was calling up tens of thousands of reserve soldiers. The new plan, which the officials said was meant to help Israel achieve its war aims of defeating Hamas and freeing…
Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. Startup news this week was fairly routine — in a good way: Aside from a minor kerfuffle between Y Combinator and Google, there was no headline-grabbing drama. Just steady progress and business as usual. Most interesting startup stories from the week Image Credits:Chime With IPO plans, acquisitions, and new launches, this week offers genuine reasons for optimism and bullishness. But don’t get carried away, either: We’re not ready for Theranos 2.0. Interesting…
SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, aims to replicate its successful SME building strategy in India, Southeast Asia and Africa to the GCC, and plans to roll out an ambitious growth plan through a series of strategic tie-ups. The UK banking major arm is gearing up for a major expansion in the GCC region, with an aggressive strategy to tap into the region’s estimated over $200 billion financing opportunity, especially in the small and medium enterprise (SME) sector, its top executive revealed. “SMEs are the backbone of the economy, and our aim is to equip them…
After the shooting in the West Bank, doctors were able to save the baby, a boy, who was taken to a neonatal intensive care unit. Source link
BEIRUT: Amal Al-Merhi’s twin 10-month-old daughters often go without milk or diapers. She feeds them a mix of cornstarch and water, because milk is too expensive. Instead of diapers, Merhi ties plastic bags around her babies’ waists. The effect of their poverty is clear, she said. “If you see one of the twins, you would not believe she is 10-months-old,” Merhi said in a phone interview. “She is so small and soft.” The 20-year-old Syrian mother lives in a tent with her family of five in an informal camp in Bar Elias in Lebanon’s Bekaa…