How to Start a Business in Oman

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Do you want to start a business in Oman? If yes, you must read this post to know the step-by-step process of registering your company!

How to Start a Business in Oman

Starting a business in Oman offers various benefits, such as financial freedom, pursuing your purpose and passion, a flexible work schedule, access to investors, and living a happier and prosperous life.

However, starting a business in this country requires careful planning and preparation. Today’s article will give tips on registering and starting your company in Oman. Read on!

Understand Business Types

Registering your company in Oman requires a step-by-step approach. The first thing to consider is selecting a structure for your business, and this requires you to know the types of companies you can operate in Oman.

These include general partnership, sole proprietorship, joint venture company, limited partnership, joint stock company, branch office, holding company, and representative office. Choose a business structure that best fits your needs.

Register Your Company

Once you have decided on the business structure, it is time to register your company by applying to the MCI. It stands for the Ministry of Commerce & Industry. The purpose is to register or reserve a unique name for your business. It is the fundamental requirement for businesspeople to start and operate a company in Oman. So, make sure you follow the law!

Prepare all documents because they play a critical role in streamlining the registration process. Once the authorities approve your business name, you can draft the shareholder documents and obtain the authorized signatory, constitutive contract, and bank certificate. You must submit these documents to the MCI.

Choose an Ideal Location

Selecting an ideal location for your business is a critical step to consider in Oman. It allows you to reach your target audience, promote your products or services, sell more, and increase profits.

The good news is that Oman has dedicated business zones based on companies’ budgets. So, evaluate your budget and decide on the location for your business to ensure everything goes smoothly and you generate more sales.

Get Necessary Licenses

You will need a few government licenses or approvals depending on your business type, size, products, services, and activities. These include tax registration documents, registration with the Oman Police, municipality license, industrial or environmental permits, visa requirements for labor clearances by registering with the Ministry of Labor, and import and export license.

Open a Bank Account

A bank account is an essential requirement for running a business in Oman. Instead of opening a personal account, we recommend a business bank account to streamline your financial operations related to your company.

Maintain optimal relationships with banking professionals to achieve in-depth market research regarding financial products or services. Open a capital account to deposit your business’s initial incorporate fee.

You can also apply for bank loans to expand your business in Oman. However, this requires careful assessment and data-driven analysis. We recommend hiring a financial advisor if your budget allows you to optimize the entire process.

Final Words

Starting a business in Oman can help you achieve your entrepreneurial goals and financial stability. Thanks to the business-friendly ecosystem and access to investment or resources, it is a wealthy country with state-of-the-art opportunities for businesspeople. Until Next Time!

  • Article based on personal opinion, experience and research.
  • Photos from Unsplash & canva.

Best Startups in Oman

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Are you looking for the best startups in Oman? If yes, you have landed on the right page. Check out this post to get the list and essential details!

Best Startups in Oman

The Sultanate of Oman has established business-friendly policies for locals and ex-pats to invest in or start companies. Startups play a critical role in the country’s economy. Because Oman has a diverse population with ex-pats from all around the world, the country has seen extensive growth in startup companies. Today’s article will list the best startups in Oman. Read on!

Alatool Muscat

Alatool Muscat has been in the business for more than ten years. It has revolutionized the eCommerce industry in Oman, providing people with an innovative purchasing system.

The startup provides new deals to subscribers and ensures they have an opportunity to buy different products or services based on their needs at the most affordable prices. In addition, the startup has more than 90,000 subscribers in Oman.

Genesis International, LLC

Genesis International LLC has been in the business since 2012. Qais Al Khonji, a famous Omani entrepreneur, is the founder and CEO of Genesis International. The company operates in various industries and helps businesses achieve their goals.

It carries out various projects, including electricity production from solar energy, and distributed energy resources to companies across the country. The startup has also invested in “SMART City,” a project that will automate payment processes.

ISO Catalyst

ISO Catalyst is a startup company in Oman that works with small, medium enterprises, and large corporations to obtain ISO certifications. It has a team of professionals with expertise in auditing, consultancy, assessment, etc.

The startup helps companies meet industrial needs and obtain ISO certifications from renowned organizations. A team of 45 qualified professionals with expertise in different domains assists companies complete HACCP requirements or ISO 9001 standards.

Click For Meal

Click For Meal is another startup company in Oman. It has been in the business for more than ten years, providing the Omani community with innovative restaurant delivery services.

Click For Meal is an online portal with an intuitive user interface that lets people search for and select their favorite restaurants and cafes in the local area and order food. The company provides its customers with diverse cuisines, from Omani to Arabian food to Italian, Chinese, and Mexican cuisines.

KI-BROS Productions

KI-BROS Productions is a startup company in Oman that produces premium-quality content for individuals and businesses operating in the local market. It has a team of qualified, experienced, and professional artists, screenwriters, and editors who develop graphic-rich content, video content, and gamification-based interfaces to help businesses drive more customers.

Moreover, the KI-BROS team has collaborated with local TV channels to produce programs and shows for children. Most of these programs are educational and aim to develop children’s creative skills.

Final Words

Startups are critical in improving a country’s overall socioeconomic development and financial stability. Oman has a diversified population, meaning the number of startups has increased and provided unique services to residents and businesses. However, these are the best startups in Oman that offer the community valuable products and services. Until Next Time!

  • Article based on personal opinion, experience and research.
  • Photos from Unsplash & canva.

How to Start a Business in Egypt

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Do you want to start and run a successful company in Egypt? Follow the tips and tricks in this article to achieve your goals! Read Here!

How to Start a Business in Egypt

No wonder many people seek to open their businesses in Egypt. The country has many advantages for businesspeople: low cost, assistance from the state, and the absence of any obstacles to foreign investment. However, to properly open a business, it is essential to study the legislation of this country well. Today’s article will give you a few practical tips for starting a business in Egypt. Read on!

Understand the Laws

There are some restrictions on foreigners who want to develop a business a certain way. Foreign companies are allowed to open branches or representative offices. However, such companies will only be allowed to study the market conditions and carry out preparatory operations for future implementation.

Personal intermediary and commercial activities within Egypt will be prohibited. Foreign companies can organize a trading network and promote their services and goods. But for this, you will have to agree with a commercial agent (distributor) and register your representative office in accordance with the laws of the country.

Types of Businesses in Egypt

There are different forms of business within Egypt, but a foreigner will only be able to open the following:

Private enterprise: if you want to open such a form of business or ownership, you must not have any partners. Likewise, there is no legislative requirement for the presence of authorized capital.

Limited Liability Company: If you want to open a limited liability company, there must be at least two partners. The total amount of the authorized capital must be at least nine thousand dollars. No more than two managers are allowed in the company’s management, one of which must be an Egyptian.

Joint Stock Company: An open joint stock company will require a minimum of three shareholders and the size of the authorized capital of 45 thousand dollars.

General Partnership: A simple form of entrepreneurship since only two partners are required, and there are no requirements for authorized capital.

Limited Partnership: The presence of three partners and approved capital of 40 to 45 thousand dollars will enable you to freely open this form of company or business. In any business, one fact is important: a foreigner can own no more than 49% of the authorized capital and 51% from an Egyptian partner.

Find a Reliable Business Partner and Lawyer

The choice of a partner should be taken very responsibly. He needs to be trusted like himself. Otherwise, there is a significant risks of being left without advantages, profits, and the business itself.

The presence of a lawyer is optional but highly recommended because even the Egyptians use their services. Ordinary citizens will have to spend much time dealing with documents, standing in lines for more than one day, and filling out various forms.

On the other hand, lawyers have connections, understand the essence of the work of various bodies, and can legitimately speed up the procedure of a particular process, which is very important.

Complete the Documentation

The businessman himself or the lawyer who will deal with the registration of a business in Egypt must receive only two documents to start his own company: a tax registration certificate and permission from the Chamber of Commerce to conduct business.

A book of tax reporting will be issued with the receipt of the certificate. The Chamber of Commerce permits to conduct of a specific type of business activity. However, it can specify more than one, even if they are unrelated.

Final Words

Opening a business in Egypt has certain risks and difficulties. Registering a company without the help of a lawyer looks like an overwhelming task. However, it is worth your time and money. The purpose is to streamline the entire process. Follow the tips above to achieve your goals. Until Next Time!

  • Article based on personal opinion, experience and research.
  • Photos from Unsplash & canva.

Best Startups in Egypt

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What are the best startups in Egypt? What makes these companies unique from others? Here is everything you need to know!

Best Startups in Egypt

Egypt has one of the most favorable business ecosystems and fastest-growing startup industry. It consists of growing talent and a more than $1.5 billion value. Egyptian startups increased by 30% to 40% during the Covid-19 pandemic. Investors have spent more than $190 million on startup companies between 2020 and 2021. Today’s article will list the best startups in Egypt. Read on!

Trella

Trella is a Cairo-based startup company founded in 2019. Although Trella is a new company, it has quickly gained a reputation due to its innovative services. It has a team of professionals, including operational managers, SQL specialists, and software programmers.

Trella offers a digital platform for truckers to connect with freight loads. It has raised more than $42 million in equity between 2021 and 2022. The company makes substantial efforts to develop platforms that streamline the transport industry in Egypt.

Khazna

Khazna is a Cairo-based technology startup in Egypt with a team of professionals with expertise in programming languages and software development. It also has brand managers and sales executives to help businesses streamline their brand reputation.

Khazna has developed an innovative app that offers mobile financial services to more than 20 million users in Egypt. Khazna has partnered with Masria Digital Payments and Abu Dhabi Islamic Bank to launch a prepaid card.

Brimore

Brimore is another startup with a team of backend developers, data analysts, and customer relationship management. It has professionals with expertise in data analysis, JavaScript, and other programming languages to develop innovative software solutions for businesses.

However, Brimore provides a social commerce platform for people across Egypt to start, run, and grow their businesses through virtual shops. The company aims to equip female entrepreneurs with essential tools to streamline business processes and sell their products or services for a higher profit.

Capiter

Capiter is one of the best startup companies in Egypt. The headquarters of this company is in Cairo. The company hires people with expertise and skills in analytics, Java, and SQL database management.

Capiter offers a B2B eCommerce platform for sellers to optimize their online operations and generate higher investment returns. Moreover, the company CEO Mahmoud Nouh has made substantial efforts to make it the top startup in Egypt. More than 1,000 sellers use the company’s smartphone application.

Max AB

Max AB is a Cairo-based startup company founded in 2018. It hires people with skills and experience in JavaScript, SQL database management, data analysis, software engineering, and web and mobile application development.

Max AB is an eCommerce platform for retailers, enabling them to access products from various suppliers. The app also has innovative features that provide operational support to eCommerce businesses in Egypt.

Final Words

There are many startup companies in Egypt. Most of them are based in Cairo, the capital city, but not all are the best. We have listed the top five startup companies in Egypt, offering innovative eCommerce, financial, software development, and network security services to businesses across the country. Until Next Time!

  • Article based on personal opinion, experience and research.
  • Photos from Unsplash & canva.

Best Startups in Qatar

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There are dozens of startup companies in Qatar, but we will list the most innovative and profitable startups. Here is what you need to know!

Best Startups in Qatar

Starting and running a startup business is pretty straightforward in Qatar. However, it still requires you to follow a step-by-step approach to streamline the entire process. Although this is a topic for another day, today’s article will focus on the best startups in Qatar for your inspiration. Read on!

Class Tap

Founded in 2020, Class Tap has headquarters in Doha, Qatar. The lifestyle company offers access to several studios and gyms with just one membership through its app. Users can engage in fitness activities such as boxing, yoga, Pilates, spinning, HIIT, etc. In addition to motivating users to lead healthier lifestyles, Classtap helps its partners reach new consumer segments and increase revenue.

Fi Technologies

Fi Technologies is one of the most innovative technology startups in Qatar, having won the Best ICT Startup category at the Qatar ICT Business Awards in 2014. It is a unique Wi-Fi platform that offers a network of free Wi-Fi hotspots in places such as parks, cafes, and clinics, allowing users to enjoy free internet without seeing ads.

Rimads

Rimads, one of Qatar’s most promising startups, offers a mobile app that aims to redefine the healthcare ecosystem. The company’s mission is to transform the healthcare sector through technology, making it safer and more accessible.

Users can communicate with Avey, an AI-based medical buddy, to instantly and accurately assess their health status, and connect with the best doctors through Avey. Rimads can quickly deliver medications at the touch of a button.

Doha Delivery

Doha Delivery is your one-stop store for restaurants and delivery menus in Doha, Qatar. Users can order their favorite dishes from a wide variety of restaurants. In addition, users can order food with just two clicks from the app, and the staff will deliver the food to their doorstep. The app also allows users to discover new restaurants and try new dishes.

Cloud Clinic

Cloud Clinic allows physicians to manage patient medical records electronically as part of their practice management system. It includes tools for accessing medical histories, scheduling, and tracking appointments, sending referrals electronically, processing insurance claims and billing, and storing documents. It also has immunization and medication alerts, electronic prescriptions, dental records, and referrals.

Urban Point

The urban point offers discount vouchers and coupons for Qatar’s spas, restaurants, entertainment centers, and health clubs. It provides many offers and updates them monthly. It also holds monthly contests judged by users. The company has a website and mobile app that offers “buy one, get one free” coupons for users to save money.

Q-Cab

Q-Cab is a mobile app that allows users to search and book caravans running in their area. In Qatar, the app has simplified hiring a cab because it works similarly to Uber, allowing passengers to search for and quickly find travelers near their location. It is one of the most innovative startups in Qatar.

Final Words

Startup companies and small businesses are the backbone of a country’s economy. In addition to giant corporations that deal in oil and gas, Qatar has many innovative startups that have transformed the country’s business ecosystem. Until Next Time!

  • Article based on personal opinion, experience and research.
  • Photos from Unsplash & canva.

How to start a business in Qatar

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Do you want to start and run a successful business in Qatar? If yes, this article is for you. Here are a few practical tips to achieve your goals!

How to start a business in Qatar

Qatar is one of the wealthiest countries with an increasing GDP rate, creating massive opportunities for people to start and run successful businesses. No matter which industry you choose, you can start a profitable business or company in Qatar. Here are a few tips to streamline the process and achieve your goals. Read on!

Analyze the Market

When planning to start and run a business in Qatar, one of the first things to remember is that your success will largely depend on your understanding of the market. To stand a fighting chance in the industry of your choice, you need to have a thorough knowledge of local procedures, the players you will be competing with, and ways to break into the market.

Choose the Right Partner

In Qatar, a company must be wholly owned by Qatari. A Qatari individual must possess at least 51% of the share capital of a company in Qatar. That’s why partnering is so critical to the success of your business. Ideally, partners with similar values, ideas, and ambitions make a good partnership. Take your time to align with that partner. So this decision will go a long way in making things easier for you.

Register Your Business

The process includes registering with the Ministry of Economy and Commerce in Qatar and acquiring a membership in the Qatar Chamber of Commerce and Industry. Apart from all this, a startup must obtain a business license, immigration card, signage license, and other additional authorizations before starting operations.

Other requirements include depositing a minimum share capital of QAR 200,000, determined primarily by the nature of the business, in a Qatari bank and obtaining residence permits, registering with the tax & revenue department, and registering employee agreements with the ministry of labor.

Understand Tax Laws

The tax rate is 10% of the company’s total state income, paid annually. However, this flat rate only applies to businesses, not personal taxes, or individual income. Remember that typical business expenses are deductible, and losses can be carried forward for no more than three years from the original accounting statement. Rental income is subject to a flat rate of 10%.

There are no other taxes, as Qatar is among the top low-tax countries in the world, making it attractive to ex-pats. Meanwhile, the customs duty for general cargo entering Qatar is approximately 5%.

For temporary imports into the country, permission from the Director General of Qatari Customs is necessary, along with a check or bank guarantee to the Customs Department for shipping fees.

Choose a Suitable Location

In recent years, Qatar has transformed into a vibrant country boasting state-of-the-art shopping malls, incredible stadiums, the tallest buildings, modern hotels, world-class infrastructure, and accessible tourism sites.

Note that with these massive benefits coupled with a high standard of living, Qatar is now a major business center and an ideal place to set up a business. There are few legal company setup options in Qatar, including free zones, making the decision simpler and much easier than in any other GCC country.

These free zones are intended to provide a level of economic security regarding the free flow of goods to the local market, in addition to supporting the process of economic diversification.

Apply for Business Insurance

With the Qatari government becoming more open and accessible to foreign investment, the insurance industry in Qatar is growing massively. If before, people saw life insurance as a luxury only for the rich, now many locals see it as an alternative method to protect the well-being of their families and businesses.

But ensuring the protection of one’s business and family against unexpected situations is something everyone should consider. It is protection against premature death or loss of income due to illness or financial misfortune. It is necessary to ensure that your business and your family in country are adequately provided for something to happen to you.

Final Words

With so many exceptionally excellent benefits and privileges, Qatar is one of the most favorable countries to start a business. Qatar welcomes foreign investors from all over the world to establish a company in their country. The Qatari government provides various business opportunities to attract more foreign direct investment to the country. Until Next Time!

  • Article based on personal opinion, experience and research.
  • Photos from Unsplash & canva.

Top 10 SEO Agencies in Qatar

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Do you want to rank your site pages on top Google SERPs? Check out this post for the top ten SEO agencies in Qatar. Read Details Here!

SEO Agencies in Qatar

Search engine optimization, also known as SEO, is an integral component of your digital marketing strategy. It improves your website visibility on Google and other search engines, ranks your site on Google’s top SERPs for specific keywords, drives more organic traffic to your business website, and increases sales to boost your business’s overall bottom line. Here are the top ten SEO agencies in Qatar.

1. Riman Agency

Riman Agency is the most reputable and widely used SEO agency in Qatar. Hundreds of businesses in various industries use Riman Agency’s services to boost their online presence.

The agency has a team of professionals who worked under the leadership of Tarek Riman, a professional/experienced entrepreneur and author of bestselling marketing books.

Riman Agency’s team optimizes content for consumer experience and uses state-of-the-art technology to scale your business SEO efforts. Unlike other agencies focusing on keywords, Riman Agency’s SEO experts do not stuff your website with keywords.

Research shows that 55% of web traffic comes from smartphones, which will increase in the coming years. Therefore, optimizing your site for mobile devices is essential. Riman Agency can do the job professionally via:

  • Relevant keywords
  • SEO insights and audits
  • Internal linking
  • Content Activation
  • Content Syndication
  • Reporting
  • Website error detection
  • Quick fixes
  • Google E.A.T methods

Although Google E.A.T is not an algorithm, it is a new method to rank pages or sites on the search engine. It primarily focuses on creating expert, authoritative, and trustworthy content that aligns with the website’s product and services. Riman Agency has a team of Google E.A.T experts who focus on:

  • Subject matter content that indicates:
    • Knowledge and expertise
  • Website credibility and authority
  • Website quality, security, and structure
  • On-page and off-page SEO
  • Quality content that is
    • Relevant
    • Valuable
    • Promotional
    • User-oriented
  • Off-page content and backlinks

Reach out t@rimanagency.com

2. G Tech Solutions

G-Tech Solutions has been in the business for over eight years. It empowers eCommerce sites and businesses to improve their ROIs via effective website development, digital marketing solutions, and search engine optimization.

The company has delivered quality and efficient SEO results to Qatari and Middle Eastern clients. Not only does the company offer professional services, but it also ensures on-page, off-page, local SEO, and backlinks.

3. Sudace Digital Agency

Sudace is a digital marketing company in the Middle East. Although it is a Jordanian company, it has offices in Qatar. Sudace has a team of SEO professionals who have completed over 500 SEO projects for over one hundred clients in seven countries across the Middle East.

In addition to SEO, Sudace provides businesses with eCommerce solutions, digital marketing, and social media marketing to drive business success. The company specializes in search engine marketing, video marketing, and digital branding. We recommend hiring this company if you want to:

  • Boost website credibility
  • Streamline content marketing
  • Optimize PPC campaigns
  • Gain competitive advantage
  • Drive more organic traffic

4. X! Qatar

X! Qatar is another SEO agency and digital marketing service. What makes X! unique from other companies is its detailed analysis to inform the online growth of your small or medium enterprise. The company provides a complete roadmap before promoting your website, products, or services pages on Google and other search engines.

We recommend discussing your requirements with the company’s team to ensure it understands your needs and tailors an SEO approach that aligns with your business goals. X! Qatar specializes in on-page SEO:

  • Customizes title tags, URLs, and headers
  • Optimize meta-descriptions by adding relevant keywords
  • Enhance your site’s pages and make them mobile friendly
  • Ensure proper website structuring for indexation and ranking

5. Osool Media

Osool Media is an award-winning digital marketing company in Qatar with years of experience. It has achieved the Service Excellence awards for Qatar’s best digital marketing and SEO company.

It offers digital, social media, and advertising services to help businesses achieve their goals, including acquiring leads, driving more traffic to the website and social media, improve brand visibility, awareness, and reputation.

The company’s SEO team can also promote your products and services without PPC campaigns using organic approaches. Moreover, the company specializes in SEO, SEM, PPC, social media marketing, mobile marketing, email marketing, and online brand reputation. You can also hire its services for website development.

6. Conserve IT Solutions

Conserve IT Solutions is a web development and digital marketing company. The headquarters of this company is in Doha, Qatar. It is one of the best SEO companies in Qatar that provides clients with optimal results ensuring their websites rank high on Google SERPs for specific keywords.

However, if you have a local business and want to drive more organic traffic, you must hire this company for local SEO and PPC advertising on Google via AdWords. The company also provides iOS, Android, mobile, website, and social media tools development. You can hire this agency for graphic-rich content development to engage your target audience.

7. Nuance Digital

Nuance Digital is a Doha-based digital marketing agency with expertise in SEO and SEM. It has a team of professionals with extensive knowledge of new SEO techniques and years of experience creating engaging content.

In addition, the company’s primary objective is to boost your business growth and focus on vital operations. So, leave the SEO and marketing work to the Nuance Digital marketing team. Whether SEO, SEM, PPC campaigns, social media marketing, or email marketing, you can rely on Nuance Digital to achieve your goals.

8. Why Shy

Why Shy is an Indian-based digital marketing agency with offices in Doha, Qatar, it has a team of qualified, expert, licensed, and experienced professionals who collaborate to transform the landscape of your business and marketing.

“Why Shy” offers expertise in web applications, mobile apps, SEO, SEM, social media marketing, brand reputation management, and content development with proper keyword research and placement.

The company’s SEO specialists combine different techniques and tools to perform A/B testing before updating the page on your website. The purpose is to see what tests produce better results and what action they can take to streamline the entire process. The primary objective is to drive organic traffic to your website, increase conversions, and generate higher ROIs.

9. Sparrow Solutions

Sparrow Solutions is one of Qatar’s leading IT and digital marketing companies, offering services for more than 14 years. It provides software development, mobile application development, and traditional and digital marketing services, including SEO, SEM, and social media advertising.

Whether your business requires an entirely new SEO strategy, website SEO, or on-page SEO for blog posts or product pages, you can rely on Sparrow Solutions. It focuses on client-driven SEO techniques and develops engaging textual and graphic-rich content to drive organic traffic to your website.

10. Maps of Arabia

Maps of Arabia is a Qatar-based SEO agency specializing in local SEO and Arabic content development. It allows local businesses to streamline online operations, sell more products and services, and generate higher revenues.

In addition, Maps of Arabia performs empathetic analysis, ensures its team collaborates to carry out in-depth keyword research, develop content relevant to your business, and follows the 80-20 rule to create customer-oriented + promotional content to engage customers on various platforms, including your site, social media pages, and local directories.

Final Words

There are dozens of digital marketing and SEO agencies in Qatar. However, not all of them are reliable and cost-effective. Although you can choose any agency from the list above, if you are looking for all-inclusive services that produce accurate results, the best among them is Riman Agency. Until Next Time!

  • Article based on personal opinion, experience and research.
  • Photos from Unsplash & canva.

Top 10 Entrepreneurs in Egypt

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Who are among the top ten entrepreneurs in Egypt? What makes them famous and successful? Here is what you need to know!

Top 10 Entrepreneurs in Egypt

Do you want to become your own boss, increase chances of streamlining income, choose where and when to work, and ensure consistent growth and development? If yes, you must leave your 9-5 job and focus on entrepreneurship. If you live in Egypt, reading about these top ten entrepreneurs will inspire you to achieve your goals. Read on!

1. Omar Samra

Omar Samara is an entrepreneur, adventurer, and public speaker. People consider him among the youngest Egyptians who climbed Mount Everest. Samara is the founder of Wild Guanabana Company, an organization that designs and creates authentic adventure or travel experiences for tourists worldwide.

2. Dina El Mofty

Dina El Mofty is one of Egypt’s most reputable entrepreneurs and businesswomen. She focused on youth development in her twenties and made substantial efforts to establish Injaz Egypt, a program that inspires and encourages young people in Egypt to start their own businesses.

Dina has partnered with schools, colleges, universities, and private organizations to equip young people with essential tools to streamline their entrepreneurial journeys.

3. Nemat Shafik

Nemat Shafik is the director of the London School of Economics and specializes in running the political science department. Although Nemat Shafik is an Egyptian, she has gained popularity in the western world and is considered one of the most powerful women in the UK. She has also served as World Bank’s vice president and worked diligently to streamline the bank’s infrastructure and operations.

4. Sara Hegazy

Sara Hegazy is an inspiration for young women who want to start their own businesses in Egypt. She is a self-taught designer and learned everything via online courses. She owns a company that designs custom-fitted and embroidered style clothes. She also studied at the London College of Fashion.

5. Mohamed El-Erian

Mohamed El-Erian is a powerful businessman, economist, and analyst in Egypt. El-Erian has been the CEO of PIMCO, a global investment management company, between 2007 and 2014. In 2012, the U.S government selected him as chair of Barak Obama’s, the former U.S president, Global Development Council.

6. Naguib Sawiris

Naguib Sawiris is another Egyptian businessman and the most powerful social media influencer with over seven million followers on Twitter. Sawiris is the chairman of Orascom Telecom Media & Technology Holding, an internet company. In addition, Sawiris has the largest ownership share in Euro News, making him one of the wealthiest entrepreneurs in Egypt.

7. Rana El-kaliouby

Rana is a computer scientist and entrepreneur with a Ph.D. from the University of Cambridge in research and technology development. Rana completed her post-doctorate from MIT, and currently, she is the CEO of a startup company that develops emotional artificial intelligence applications based on human perception.

8. Yasmine Helal

Yasmine Helal is a former professional basketball player and engineer. Yasmine is the founder of Educate-Me, an organization founded in 2010 to provide students with scholarships to study formal education.

She has created an exceptional socio-business model to optimize the education system in Egypt. She is an inspiration for young ladies seeking a career in entrepreneurship and for the welfare of Egyptian society.

9. Amy Mowafi

Amy Mowafi has spent ten years at Enigma as the managing editor. She joined MO4Network in 2011, a digital agency that provides cutting-edge services to businesses across the Middle East. Mowafi creative skills and experience have made MO4 the best company, with over 140 businesses as clients in the Arab world.

10. Hend Riad

Hend Riad is the founder and CEO of Flat6Labs, a project she started at University, which is now a lucrative furniture business. The company aims to reduce plastic waste in Egypt, particularly in Cairo, and maintain sustainability throughout the country. Hend Riad specializes in developing or manufacturing eco-friendly furniture. Her company has clients all over the Middle East.

Final Words

Entrepreneurship is the best way to achieve your personal and business goals and live a happier and more comfortable life. These Egyptian entrepreneurs inspire young people to brainstorm ideas, turn them into actions or practical companies, work for the betterment of society, and generate multiple income streams. Until Next Time!

  • Article based on personal opinion, experience, and research.
  • Photos from Unsplash & canva.

Best financial companies in the Arab world

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What is the best financial Company in the Gulf or Arab world? Check out this post to get the list and features that make them the best! Read Here!

Best financial companies in the Arab world

Financial companies in the Arab world provide loans to people and businesses. A finance company may participate in cash deposits from clients like banks. However, the most common services are developing and offering financial products and tools for people and organizations to streamline their operations. Here are the best financial companies in the Arab world. Read on!

KPMG Lower Gulf

KPMG in Lower Gulf provides tax, audit, and advisory services to a wide range of domestic and international clients in all business areas and the economy. It works closely with clients to help them identify opportunities and mitigate risks.

KPMG in Lower Gulf is fortunate to have a network of global members, combining international experience with local knowledge of the industry and the professional skills clients need.

PWC

PwC’s goal is to develop trust and solve critical challenges in society. The Company is committed to providing high-quality advisory assurance and tax services to a network of 155 national firms and more than 290,000 employees.

PwC has a 40-year history in the Middle East, with 23 offices in 13 countries and approximately 7,000 employees. It is a member of the PwC Network and one more member firm, each of which is an independent legal entity.

Oliver Wyman

Oliver Wyman is an international leader in consulting and management. With offices in over 60 cities across 25 countries, Oliver Wyman unites profound industry knowledge with dedicated expertise in policy, operations, risk administration, and organization renovation.

The firm has over 6,000 professionals worldwide who work with clients to optimize their business, enhance their operations, reduce the risk profile, and speed up their organizational performance to seize the most attractive prospects.

Boston Consulting Group

Boston Consulting Group is one of the diverse companies with a staff of over 50 nationalities from various commercial and academic fields. Differences in backgrounds, cultures, and knowledge also come with a collective strength that powers a united team.

Team members collaborate cohesively and efficiently with outstanding analytical and social skills and an eagerness to thrive in the workplace. It continues recruiting top Gulf and global candidates

These clients across the gulf region include leading firms in the public sector, financial services, energy, private equity, health care, industrial goods, media, consumer goods, and telecom.

Brain & Company

Bain & Company was established to believe that consultants should provide a measurable and sustainable results, including reports, to their clients. The Middle East experts bring diverse experience and industry knowledge to each engagement. They look at corporations from a chief executive’s point of view and work together with the client as “one team” to accomplish enduring results.

Final Words

Financial companies in the Arab world offer a wide range of services, including examining financial statements, reporting, and managing economic operating systems. These companies offer unique products and services to their clients in different countries of the gulf region. Until Next Time!

  • Article based on personal opinion, experience and research.
  • Photos from Unsplash & canva.

Best finance startups in the Arab world

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What are the best finance startups in the Arab World? What services do they provide? What makes them unique? Read the Details Here!

Best finance startups in the Arab world

Financial startups and companies are critical because they provide platforms and marketplaces for assets and money, allowing businesses to access capital and individuals to stabilize their financial status. Today’s article will list the best finance startups in the Arab World.

Beehive

Dubai-based Beehive launched the UAE’s first peer-to-peer (P2P) lending platform in 2014, connecting companies seeking financing directly with investors. Since its inception, it has helped about 800 companies receive loans worth about AED 907 million from 15,000 investors.

Paymob

Founded in Egypt in 2015, Paymob offers a suite of financial technology solutions for online and offline merchants to accept payments from their customers. The payment gateway can connect to a website or mobile app for online merchants using an API. Paymob offers a POS solution for offline merchants to accept in-store card payments.

Rasan

Rasan is the technology company, Saudi Arabia’s first insurance technology platform. It allows retail customers to compare coverage and premiums and select and pay for their chosen policy at once through an instant policy.

Tarabut Gateway

Tarabut Gateway is one of the largest regulated open banking platforms connecting banks to a regional network of fintech companies through a universal application programming interface. The platform allows third-party financial service providers to develop new applications and access financial data and services, enabling banks to accelerate partnerships while reducing costs.

Sarwa

Sarwa is a UAE-based investment platform that offers individuals low-cost, diversified portfolios and access to on-demand investment professionals. The company claims to have more than 20,000 users of its platform. In 2021, it launched Sarwa Trade, a trading platform for individual clients in the UAE that offers zero commission and transfer fees for dirham accounts.

Expensya

Expensya is a Tunisian-French startup offering an expense management platform to simplify expense reporting. The company’s platform automates accounting, simplifies the management of professional expense reports, and provides secure dematerialization. More than 400,000 customers use the company’s services.

Foodics

Foodics is a food and beverage technology startup from Saudi Arabia founded in 2014 to provide a retail management platform and cloud-based point of sales for retailers in the MENA region. It processes more than five billion orders through its platform, over 50,000 terminals, and serves over 10,000 brands.

Telr

Telr is a payment gateway provider founded in 2014. The startup offers tools and APIs that allow users to accept and manage online payments, mobile, and social media. The platform processes payments in various currencies and 30 languages, and supported services include Mastercard, Visa, UnionPay, American Express, PayPal, Apple Pay, Sadad, STC Pay, and Mada.

Bit Oasis

BitOasis is the largest cryptocurrency platform serving individual customers in the Gulf Cooperation Council countries and has plans to expand into the broader MENA market. The startup allows investors and traders to exchange and trade twenty cryptocurrencies and currently operates in Saudi Arabia, UAE, Kuwait, Oman, Bahrain, Jordan, Egypt, and Morocco.

Pay Tabs

Pay Tabs is a startup company that provides a payment acceptance and management system for e-commerce operators, startups, and online businesses. It processes multi-currency transactions securely and reliably. With an API plugin, Pay Tabs facilitates integration so merchants in various industries can use innovative features, such as plug-and-play on their websites.

Final Words

The financial startups and companies are the primary drivers of the Arab World’s economy, providing a free flow of liquidity and capital in the marketplace. These top ten startups have gained a significant reputation for their unique financial products and services. Until Next Time!

  • Article based on personal opinion, experience and research.
  • Photos from Unsplash & canva.