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Emirati women are increasingly influential in the UAE's small business sector, with 24% serving as primary income earners. A GoDaddy survey reveals that 66% of these entrepreneurs are confident in their business skills, and 71% believe AI will enhance their competitiveness. By using AI tools, they save an average of 14 hours weekly, which they invest in skill development and future planning, contributing to anticipated business growth and improved quality of life.
Mashreq has officially entered the Omani market, marking a significant milestone in the country's financial sector. This expansion supports Oman’s Vision 2040 by offering tailored financial services, including corporate banking and sustainable finance, aimed at promoting economic diversification and competitiveness. Leveraging advanced technologies like AI and data analytics, Mashreq enhances customer experience and operational efficiency, positioning itself as a strategic partner in Oman’s economic development.
WiSER has launched a White Paper advocating for enhanced funding for female entrepreneurs, coinciding with International Women’s Day. The report highlights the crucial role of women in driving climate solutions and presents five key recommendations to improve access to finance, scalability, AI, mentorship, and resources, particularly for women in the Global South. Dr. Lamya Fawwaz emphasized the need for an inclusive ecosystem to empower female-led innovation and accelerate sustainable development.
Egypt is revitalizing its real estate sector to boost economic growth and housing availability, as stated by Minister Sherif El-Sherbiny. The strategy includes easing regulations for real estate funds, attracting foreign investments, and collaborating with Saudi Arabia and the UAE. With a projected growth in 2024 driven by demand from expatriates and Gulf citizens, the sector aims to meet the annual need for two million housing units, supported by major infrastructure projects and a focus on sustainable development.
Dubai Land Department (DLD) has partnered with REACH to launch REACH Middle East, an initiative aimed at attracting proptech startups to enhance innovation in the real estate sector. The program will provide mentorship, investment, regulatory guidance, and market exposure, while DLD will promote it and offer insights into Dubai's real estate market. REACH will manage operations and establish a regional office in Dubai to strengthen its presence and support the growth of emerging companies.
Violet Ventures hosted the third edition of NYUAD Slush’D, focusing on "The Future of AI in MENA," attracting over 500 attendees, including notable guests and experts from various sectors. The event featured 18 sessions, an AI for Good Hackathon, and a Student Startup Exhibition, showcasing innovative projects and fostering collaboration between academia and industry. H.E. Alia Bint Abdulla Al Mazrouei emphasized the UAE's commitment to supporting young entrepreneurs through initiatives like the "RIYADA" ecosystem, aiming to enhance the success rate of startups.
Comera Financial Holdings, a subsidiary of Abu Dhabi's Royal Group, is transforming digital communication and fintech in the MENA and South Asia regions. The platform focuses on secure, localized solutions that integrate messaging, payments, and e-commerce, aiming to enhance user experience through AI-driven features and compliance with regional regulations. With plans to expand into Southeast Asia and Africa, Comera seeks to become a leading digital hub, promoting financial inclusion and seamless interactions.
Building an inclusive fintech ecosystem requires rethinking algorithms, mentorship, and representation, particularly in the MENA region where financial models often overlook diverse perspectives. While strides have been made in fostering female talent, barriers remain, especially in algorithmic hiring processes. Embracing diversity, enhancing mentorship, and addressing biases are essential for innovation in finance and technology.
Jaywan cardholders will soon be able to make payments outside the UAE following a new agreement with Visa. Dr. Saeeda Jaffar, Visa’s Senior Vice President for the GCC, highlighted the importance of this collaboration in promoting digital payments, especially as cash transactions still account for around 30% of payments.
Jebel Ali First is emerging as a prime investment zone in Dubai, driven by its strategic location near key economic hubs and robust infrastructure. The area boasts high rental yields averaging 7%, diverse real estate offerings, and eco-friendly projects, making it attractive for long-term growth and profitability. With ongoing mega-projects and a booming property market, it stands out as a promising destination for investors in 2025.
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Emirati women entrepreneurs embrace AI to enhance business success and growth
11:07 10.03.2025
mashreq enters oman market to support economic diversification and growth
11:02 10.03.2025
empowering female entrepreneurs to drive sustainable change and climate solutions
10:42 10.03.2025
Egypt boosts real estate sector to attract foreign investment and drive growth
10:15 10.03.2025
Dubai Land Department and REACH launch initiative to enhance proptech innovation
09:48 10.03.2025
nyuad slushd explores future of ai with global startup community in mena
09:30 10.03.2025
comera redefines digital connectivity with secure communication and fintech solutions
08:04 10.03.2025
building an inclusive fintech future through diversity mentorship and algorithm reform
07:51 10.03.2025
jaywan cardholders can now make payments outside uae after visa agreement
07:40 10.03.2025
jebel ali first emerges as a prime investment zone in dubai
07:10 10.03.2025
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