#SMEs
10 posts
Heritage as a Value Point: Building Economies around Culture and Tradition
MENA’s historical and cultural heritage, which spans millennia, provides plenty of unique value that can be tapped into in order to create experiences exclusive to the region. In this outlook, we explore how emerging businesses and regional champions can leverage cultural heritage as an economic driver. By incorporating their cultural elements into their business strategies, entrepreneurs and business owners can differentiate themselves from regional and international competitors. Entrepreneurs and businesses tend to adopt a future-forward approach for business growth. Still, […]
Majid Al Futtaim Announces Second Edition of its Launchpad Programme in Partnership with AstroLabs, Microsoft and DIFC Launchpad
Dubai, UAE – 16 May 2023: Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, today launched the second edition of its Launchpad programme – part of Xsight Future Solutions business, Majid Al Futtaim’s newly formed business aimed at accelerating the company’s digital offerings and empowering partners with scalable, end-to-end digital services, products, and solutions. Majid Al Futtaim’s Launchpad strives to unlock value by partnering with and investing in innovative […]
Saudi Arabia Champions E-commerce: SMEs take the digital challenge with PepsiCo Scale Up Accelerator
The digital space of today has grown to innovate for all types of businesses. Thanks to the accessibility of tech and digital solutions, more and more SMEs are making the shift towards a data-driven and digitally-savvy mode of operation. A prominent aspect of this transition is the uptick in e-commerce in Saudi Arabia that the world has seen in the past few years, during which the pandemic has accelerated at an unexpected rate. Saudi Arabia remains a prime environment for […]
From the Ecosystem: Saudi Arabia sets a blueprint for global entrepreneurship
Ten years of shifting culture, upskilling talents, pursuing opportunities, and funding big ideas have transformed Saudi Arabia’s entrepreneurship into a unique ecosystem with global appeal. We gathered Saudi’s top entrepreneurs and ecosystem builders to share their stories at our 10th Anniversary earlier this month. The Saudi Arabian ecosystem has undergone a significant transformation over the past decade. Ten years ago, it was challenging to find partners willing to take a risk on a startup idea, but today, the Saudi entrepreneurial […]
SMEs Drive Global Tourism: Modern businesses showcasing heritage
<strong>Meta Boost Set to Enable 20,000 Saudi-based SMEs</strong>
We’re joining forces with Meta to equip Saudi-based SMEs with the latest digital setup and paid marketing tools as part of the Meta Boost program. The latest SME enablement program driven by Meta in partnership with the Saudi Ministry of Communications, the Saudi Small and Medium Enterprises General Authority Monsha’at, and AstroLabs is set to enable 20,000 SMEs in the Kingdom over the next year. With our expansive knowledge of the local Saudi market matched with Meta’s global tools and approaches […]
More than Fast Cash: The real potential of SME digitization in MENA
From revenue generation and market entry to accelerating the growth of AI and hyper-scale cloud computing. How is the journey of SME digitization driving the next major technological leap in MENA? To lay the foundation of SME growth and generate the required policy reforms, Dubai SME introduced its clear-cut framework for identifying and defining an MSME. This definition, while in congruence with global trajectories, identifies MSMEs based on the size of the team and the value of its turnover, with […]
Majid Al Futtaim Launches Accelerator Programme Targeting regional SME and startup companies
Dubai, United Arab Emirates, 8 June 2022: Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, has announced Majid Al Futtaim Launchpad, an accelerator programme aimed to attract startups and SMEs in strategic sectors to turbo-charge growth plans and support economic development. Accentuating Majid Al Futtaim’s role as a collaborative partner in supporting entrepreneurs and startup businesses in the UAE and MENA region, the Launchpad reaffirms the Company’s role in the private sector in supporting the growth […]
Majid Al Futtaim Launchpad Accelerator Programme announces SME and start-up winners to join ecosystem
• In partnership with Microsoft and AstroLabs, Majid Al Futtaim’s Launchpad programme enters an exciting new phase, having successfully identified ambitious brands for a unique strategic partnership opportunity• The Launchpad accelerator programme targets start-ups and SMEs in the MENAP region and globally, in strategic sectors to turbo-charge growth plans and support economic development• As part of the programme, 14 winners were announced, 50% included female entrepreneurs Dubai, United Arab Emirates, 22 September 2022: Majid Al Futtaim, the leading shopping mall, communities, retail and leisure […]
Majid Al Futtaim Launchpad Programme: The road to scalable innovation
Today, the question of impactful digital transformation remains two-fold for large enterprises and emerging businesses in the region. On one end, the critical challenge for mega businesses and family-owned ventures remains in their ability to adapt to the rapid evolutions in technology and introduce lean operation models conducive to future-forward innovation. On the other, while SMEs and startups have been able to pioneer the innovation factors, founders and executives are focused on being able to ramp up and roll out […]