Innovation needs perspective not isolation

I was honoured to be invited to Bahrain this week to give a talk at an event organised by Bahrain Development Bank’s Rowad Programme, a comprehensive platform providing multiple layers of support to Bahrain’s entrepreneurs and start-ups. Rowad’s breadth and depth are far greater than anything else that I have seen in the region, and addresses multiple facets of the

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Entrepreneurs' Dreams

Noon, the online retailer, was announced in November 2016 with a launch date of January 2017. Last week, word began to emerge that Noon, now almost five months late on its originally announced launch date, might be moving many of its staff to Saudi Arabia. Why, when a venture is already delayed five months, would you make such an important

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Venture capital as a substitute for oil in driving economic growth

Venture capital is critical to the future success of not only the UAE but also the GCC. To understand this we first need to understand the historic formula for our success – oil leads to financial capital, which leads to real estate development, which creates social and business communities that attract people. Repeat. Even if oil prices had not collapsed,

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Venture Capital Lessons from India, Lebanon and Ireland

In a recent article I pointed out the failure points in the UAE’s venture capital ecosystem, in particular the lack of support for entrepreneurs and start-ups. In this article I’d like to review some of the initiatives other countries have launched that could be useful in upgrading our ecosystem. Given the recent visit to India of Sheikh Mohammed bin Zayed, Crown Prince

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