North Africa & Near East.

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  • Women on the West Bank Fight Poverty with Enterprise

    Nearly a year after the war in Gaza, women in the West Bank are overcoming poverty by running their own co-operatives. With help and funding from several aid agencies, women have been able to set up their own small businesses providing training and marketing assistance...

    Source
    SOS Children (link opens in a new window)
    Region
    North Africa & Near East
  • Abraaj Capital to Buy Riyada Ventures, Focus on SME investments

    Dubai-based private equity firm Abraaj Capital has agreed to acquire all of Riyada Ventures as it moves into the venture capital space. Riyada Ventures, which was set up in the Jordanian capital of Amman in 2005, will be integrated by Abraaj into its newly launched regional SME and entrepreneurship initiative. Khaldoon Tabaza will continue as the CEO of the new business line of Abraaj. Tabaza has worked in the MENA venture capital industry since 2000, p...

    Source
    AltAssets (link opens in a new window)
    Region
    North Africa & Near East
  • Citadel eyeing slice of $2.3trn market

    With the global economy turning on its head in the past year, private sector investors have the unprecedented opportunity to participate in a rapidly growing consumer market comprising the world’s 3.7 billion limited-income earners. "The billions of individuals who claim the smallest pool of the world’s wealth represent, collectively, a rapidly-growing consumer market, an underutilised productive sector, and vast entrepreneurial energy," said Hisham El Khazindar, Co-Founde...

    Source
    Business 24/7 (link opens in a new window)
    Region
    North Africa & Near East
  • Bottom line for Palestinian entrepreneurs: Reinvent the economy

    Ramallah, West Bank - Under pressure from visiting US Mideast envoy George Mitchell, Israeli cabinet ministers mulled easing a siege on the Gaza Strip that was designed to weaken Hamas. Amid US-Israeli disagreement over the Gaza blockade, West Bank settlements, and other issues involved in restarting the peace process, there is one point both sides agree on: The promises to boost the Palestinian economy during the recent round of talks stretching the final ...

    Source
    The Christian Science Monitor (link opens in a new window)
    Region
    North Africa & Near East
  • World’s 3.7 billion limited-income earners represent rapidly-growing consumer market

    Private-sector leaders in the world’s emerging markets have compelling opportunities to invest in businesses that improve life for large swaths of the population, said Hisham El-Khazindar, Co-Founder and Managing Director of Citadel Capital, the Middle East and North Africa’s leading private equity firm . El Khazindar was addressing high profile Arab businessmen and decision makers at a Harvard University Arab Alumni Association panel that discussed subjects relat...

    Source
    Eye of Dubai (link opens in a new window)
    Region
    North Africa & Near East
  • KUWAIT: For the world’s poor getting a loan to start up a business is almost impossible, because of the strict rules most banks follow including the necessity to borrow against collateral. However, microfinancing - though not a totally new financing concept - is growing more popular now that it helps the poor and yet manages to get a bit of cash for the lenders. Microfinance can be defined as the provision of comprehensive financial services to micro-entrepreneurs. Still, the i...

    Source
    KuwaitTimes.net (link opens in a new window)
    Region
    North Africa & Near East
  • Base of the Pyramid: Sustainable Business from the Bottom up

    Martin Fisher and Upendra Bhatt are two of the most important people you’ve never heard of. And that’s fine by them. They would rather be popular among poor Kenyans and Indians than featured in the Western press. What do they do that’s so important? They are social entrepreneurs: Fisher’s KickStart and Bhatt’s Aavishkaar harness the poor’s ingenuity and entrepreneurship to build profitable businesses serving basic needs; from efficient irrigation and kerosene stoves to I...

    Source
    GreenBiz.com (link opens in a new window)
    Region
    North Africa & Near East
  • AMD Intros Minicom PIC to Turkey

    The cheap box that AMD hopes will allow more people to surf the web was introduced in Turkey today by Dogan Online. AMD said that only nine per cent of people in Turkey have net access. The box Dogan is pushing is bundled with Internet services from e-kolay.net, which is a division of the firm and will be sold through micro financing programmes. It will be sold at 19.95 Turkish New Lire ($14.72) a month. In old Turkish Liras that’s 19,993,625....

    Source
    The Inquirer (UK) (link opens in a new window)
    Region
    North Africa & Near East