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Tag Archives: North Africa

500 Startups invests in 12 Middle East and North Africa (MENA) startups as part of the second ‘MENA DOJO’ series a program

Silicon Valley based 500 Startups, the most active early-stage Venture Capital firm in the Middle East and North Africa (MENA) region, has announced twelve pre-Series A regional companies participating in the second edition of the MENA Dojo Series A Program following a very rigorous selection process. The startups in this batch include : Eyewa, online glasses and contact lenses retailer; …

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North Africa set to adopt five-year plan to boost youth employment: ILO

The United Nations labour agency has warned that countries in North Africa need to adopt a broader, more concerted response to tackle the crisis of youth unemployment, with the youth unemployment rate now standing at 28.8 percent, twice the global average. “Arguably, the single biggest global development challenge in the decades to come will be the need to integrate hundreds …

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Project for solar-powered electric boat transport in the Middle East and North Africa receives US$1 million UN Energy Grant

The project “Solar Fuelled Electric Maritime Mobility” by SINTEF, an independent non-profit research institute based in Norway, seeks to demonstrate the feasibility and the social, economic and environmental benefits of solar-fuelled electric boat transport in Tunisia and the wider region Furthermore, the project will conduct capacity development workshops for Tunisian and other regional stakeholders. A partnership working to promote solar-powered …

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Mowgli Foundation Releases Its Latest Impact Report

Every Mowgli Entrepreneur Creates More Than 3 New Jobs in the Mentoring Year. The Mowgli Foundation, a UK headquartered award winning mentoring organisation in the Middle East and North Africa, recently published its latest impact report, spanning an 8-year time period. With the aim of empowering entrepreneurs to drive economic growth and employment generation, Mowgli focuses on the training and …

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Vuclip Appoints Sherif Dahan to Head Operations for the Middle East and North Africa Region

Former MSN Arabia Managing Director to Lead Launch & Operations of the Company’s OTT Video Service Viu in the Region. Vuclip, a PCCW Media company and the leading premium video-on-demand service for emerging markets, is pleased to announce the appointment of Sherif Dahan as Regional Director for the Middle East and North Africa (MENA) region. This move comes ahead of …

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Private Sector is Key Driver for Growth in the Middle East and North Africa

New report seeks to unlock private sector potential by addressing constraints. The private sector can be an important driver for growth and rising prosperity in the Middle East and North Africa (MENA) if effective policies are put in place to address key challenges across the region, according to a report from three leading international development and financial institutions. The report …

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FGB and NBAD boards recommend merger to create the largest bank in the Middle East and North Africa region

Creates the largest bank in the MENA region by assets1 with total assets of AED642 billion (US$175 billion)2 Leading position in the UAE both in terms of loan and deposit market shares Presence in 19 countries Complementary businesses to leverage on strengths in consumer and wholesale banking Content on the proposed merger: www.bankfortheUAE.com Creates the largest bank in the MENA …

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Gartner Says Governments in Middle East and North Africa to Spend US $11.5 Billion on IT in 2016

Governments in the Middle East and North Africa will spend US $11.5 billion on IT products and services in 2016, according to Gartner, Inc. This forecast includes spending on internal services, software, IT services, data center systems, devices and telecom services. Government comprises state and local governments and national government. Telecom services, which include fixed and mobile telecom services, will …

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YuppTV Partners with Sun Network to Launch 10 Channels in Middle East & North Africa

YuppTV, the world’s largest Over-The-Top (OTT) provider for Indian content, has partnered with leading South Indian television network Sun Network to offer numerous regional entertainment options to its users. With the partnership in place, YuppTV will launch 10 channels in four languages – Telugu, Malayalam, Tamil and Kannada – in the Middle East and North Africa (MENA). Under the agreement, …

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Ford Named One of LinkedIn’s 2015 “Top 50 Most InDemand Employers in Middle East and North Africa”

The largest social networking platform in the world dedicated to professionals ranks Ford as the top automotive-related employer in MENA region for 2015 InDemand list represents the most sought-after companies based on billions of interactions between LinkedIn’s 395 million-plus members Rather than relying on questionnaires, the InDemand employer rankings measured the actual behaviour of professionals on LinkedIn, placing Ford at …

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