GCC Startups

Importance of SMEs in GCC: Challenges amid COVID and way forward

Interview with Mr. M.R.Raghu, CEO, Marmore MENA Intelligence Are SMEs very important for the GCC region? How have SMEs contributed to the region? Small-to-Medium Enterprises (SMEs) are vital to the economic development of the country as they foster innovation, entrepreneurship and create large-scale employment opportunities. The subject of SMEs touches upon many aspects of a nation’s economic network. By its very nature, SMEs can sprout up anywhere along the output value chain of a country, ranging from small shops to...

Emerging startups in the Arab region – Can they make it big?

Arab Region's Top Start-ups Top 10 from GCC Source: Forbes, Marmore research UAE – Start-up hub of the GCC UAE has been the prime destination for budding start-ups in the Arab region offering a plethora of opportunities for prospective business owners. It is one of the most diversified economies in the GCC and home to some of the most highly valued start-ups in the region like Careem and Fetchr. Prime reasons to it are the measures taken by the government...