The growth and developments of the region is driven by several interrelated factors of availability of required resources, encouraging government policies, contributing role of young entrepreneurs, etc. Modern countries have reflected a sizeable number of entrepreneurs successfully emerging on the global business skyline. One of the prominent region which has grown up through the catalytic efforts of the entrepreneurs is Gulf. Emerging from numerous sectors of the industries, a number of arabian entrepreneurs have achieved new benchmarks in business excellence leading to the regional developments and significant enhancement in the global business.
Lets explore the role of young entrepreneurs into the global market
The Gulf region has seen significant economic growth and diversification in recent decades. The countries in the region are promoting entrepreneurship and innovation to diversify their economies. The young entrepreneurs have been stimulating the economic growth, creating diverse employment opportunities, and making the country more competitive in several ways. The modern business enterprises demand specific talented and skilled workforce thereby encourage and promote skill development and training. The young entrepreneurs have been on the forefront of implementing innovative strategies that aim to bridge the market gaps and customer expectations. Here are some of the dynamic young entrepreneurs who have contributed to the developments of the Gulf region.
Ziyad Organji
20 years of expertise in branding and brand strategy development has made Ziyad Organji an accomplished Saudi brand specialist and an established speaker on TED. As an ambitious and creative young entrepreneur, Ziyad has demonstrated ability to create a successful brand strategy and implement it with full branding services for NGOs, the public and private sectors, and other businesses. Award-winning author of the first Arabic book series on branding, “Eysaam,” and pioneering brand builder, artist, and information transformer with specialized workshops for over seven nations and thirteen cities.
Sofia Al Asfoor
She imparts her design thoughts and emphasizes the value of individualism and simplicity as the creative director and creator of her own accessories brand. With her unique ideas and unrelenting dedication to quality, this young entrepreneur has revolutionized the fashion industry as the creative force behind her own luxury accessories brand. She has become one of the most inspirational businesswomen in the Middle East thanks to her inventiveness, tenacity, and Iconic Shield Collection. She has been in business for more than ten years and has come to represent bravery, tenacity, and strength. Her artistic approach, the challenges she has surmounted, and the motivation behind her goal to use her unique accessories to empower women.
Khalil Alami
The CEO of Telr, a well-known internet payment gateway, is Khalil Alami. With an emphasis on payment infrastructure and system implementation, Khalil has over twenty years of experience in the financial services business, including seventeen years in the card and payment industries. With a focus on card processing and settlement, the four-party system, international payments architecture, electronic and mobile payments, consumer touch points, and network security, he contributes extensive understanding of industry structure.
Khalil Alami, the creator and CEO of Telr, is a titan of the fintech industry, the visionary leader, and the creative genius behind the ground-breaking online payment gateway. He didn’t just change the manner in which transactions are conducted, but he also changed the face of digital banking. Throughout his two-decade career, Khalil has led Telr to unparalleled success and received recognition for his creative problem-solving and strategic leadership. Telr’s creative leader and an innovative young entrepreneur, Khalil Alami, continues to guide the business through shifting market conditions and establish new benchmarks in the financial sector. His reputation as a trailblazer in the rapidly changing field of digital banking was cemented through unshakeable devotion to promoting financial inclusiveness and relentless pursuit of excellence.
Katharine Budd
Katharine Budd is a dynamic young entrepreneur, data scientist, lobbyist, TedX speaker, and innovator with over 15 years of experience in rapidly growing software firms.
She co-founded and oversaw NOW Money, the first mobile payment app in the Gulf created for vital workers and their employers. In the process, she raised USD 12 million in venture capital investment from the GCC, the US, and Europe and obtained the first and only regulatory licenses to do so in the payments industry. She established alliances with Saudi and UAE banks and oversaw the development and introduction of the product, its Visa card, and its underlying PCI-compliant payment systems.
NOW Money, which has a monthly login rate of 10 times (2.5 times the industry standard), is still revolutionizing and upending the digital banking landscape in the region. In early 2023, Katharine oversaw the purchase of NOW Money and is still an advisor.
Hala Fadel
Hala Fadel is a Managing Partner and co-founder of Leap Ventures. Leap Ventures is a venture capital firm focused on international technology startups. Hala Fadel is a member of the Growth team. As part of the Investment Committee, she focuses on sourcing, analyzing, and executing investments in European tech and digital industries.
In addition, she is co-founder of Leap Ventures-early-stage technology venture capital making investments in the Middle East and Europe. She supervised a lot of early stage digital investments in Sweden, France and UK during her stint there. Hala has started work as an investment banker for mergers and acquisitions with Merrill Lynch, London. She is one of of the talented and inspiring young entrepreneurs in the Gulf region.
Growth Drivers of Prospering Gulf Region
The young entrepreneurs have established their business ventures focusing on addressing the industry needs and contributing to the phenomenal developments in Gulf region. Their business solutions have generated revenues from global MNCs meeting the requirements substantially. Driven with passion to create exceptional developments with their deep commitment to customer services and professional excellence, the young entrepreneurs have opened the new vistas of developments and sustainable progress in the region.
