Wamda Capital, Endeavor Catalyst Fund, and Dash Ventures recently teamed up to invest $5 million in Kharabeesh, the multi-channel network best known for its popular online comedy videos. The network, which helped launch the careers of such stars as Rajae…
Saxo Bank chief economist says GCC nations’ focus in 2017 should be on balancing and diversifying their economies The shifting focus of major central banks from quantitative easing (QE) programmes to fiscal policy through potential back-door helicopter money will have…
KeyBS Launching Western Union Service on KeyKIOSK in Qatar First of all, KeyBS along with its franchise in Qatar KBS Qatar and the strategic partners Western Union and Al Fardan Exchange have launched Western Union service on in Qatar. The announcement…
Fast-growing ride-hailing service Careem said it’s aiming to hire 10,000 drivers in Jordan by 2018, despite encountering regulatory problems in the Kingdom. The Dubai-based startup said it also planned to hire a further 2,000 employees to operate a new regional…
How worried should we be about the recent cyber attack that took down some of America’s most popular websites? By Zeid Nasser The Internet attack began at around 7am Eastern Time in the United States, just as people there were waking…
The chief of Hyundai’s fledging high-end brand, Genesis, is confident his cars can thrive in a sector dominated by the likes of Mercedes and Audi. By Ghaith Madadha However useful the Genesis model and Centennial full-size luxury saloon have been…
Hikma Pharmaceuticals plans to inject $30 million into digital health startups through a new global investment fund. By Rebecca Irvine Until March Hikma was a FTSE100 listed company, and remains the biggest pharmaceutical company in the Middle East. Now making a…
Fadi Ghandour, Former CEO of Aramex Date of Interview: April 2013 After three decades as CEO of Aramex, the logistics company he founded in 1982, Fadi Ghandour surprised the business world when he announced he was stepping down. In recent…
ReserveOut, the leading online restaurant reservations platform and table management system provider in the Middle East and other growth markets, just announced a Series A raise of over $4 million led by regional VC firm Silicon Badia with the participation…
Set up to deliver electronic payment services to banks, retailers, governments, and the general public, EMP is now working to turn Jordan into a cash-free society. Changing any society’s habits takes time. Encouraging consumers to switch from using cash and…