Forbes Middle East - English Magazine - Sep 2023Add to Favorites

Forbes Middle East - English Magazine - Sep 2023Add to Favorites

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In this issue

Forbes Middle East - September 2023 - English

MENA Venture Capital Declines

MENA experienced a significant setback in funding and deals during the first half of 2023, reflecting a global retreat in venture capital activity.

MENA Venture Capital Declines

2 mins

GLOBAL MEETS LOCAL 2023

International Giants Are Attracting FDI And Stimulating Economic Growth.

GLOBAL MEETS LOCAL 2023

3 mins

Kill Trees, Save The Planet

Bill Gates and other investors are betting KODAMA SYSTEMS can reduce carbon dioxide in the air by cutting down and burying trees. Now if only Uncle Sam would get onboard with tax credits, too.

Kill Trees, Save The Planet

5 mins

Sand Dollars

BUD BRIGHAM made a fortune drilling for oil, but his 42-mile-long conveyor belt of sand for fracking could make him a billionaire-assuming he can avoid the tiny lizards.

Sand Dollars

7 mins

Changing The Narrative

Coca-Cola may be best known for fizzy drinks and curvy bottles, but it's evolving with the times, according to regional VP, ANDREW BUCKINGHAM. As plastic packaging becomes a social pariah, emphasizing ESG is on the rise for one of the world's biggest companies, particularly in the Middle East.

Changing The Narrative

3 mins

Road To Net-Zero

Uber's been evolving its vehicles, pricing, and ride options to steer a transition to clean energy. Now regional head FRANS HIEMSTRA needs to persuade passengers and drivers in the Middle East to choose them.

Road To Net-Zero

3 mins

JUST THE BEGINNING

Anthony Nakache, Managing Director for MENA at Google, is leading the regional base for a more than trillion-dollar company, one of the biggest tech giants in the world. As Al increasingly powers growth in the Middle East, he's creating partnerships to make sure the technology is understood and used in the right way.

JUST THE BEGINNING

9 mins

SHIFTING FOCUS

Sandeep Walia, Chief Operating Officer for the Middle East at Marriott International, one of the world's largest hotel operators, is amplifying the emphasis on luxury as Saudi Arabia takes center stage in the company's intensified focus on premium offerings.

SHIFTING FOCUS

6 mins

OVERCLOCKING AMD

I LISA SU ORCHESTRATED ONE OF THE GREAT TURNAROUNDS IN SILICON VALLEY HISTORY, DRIVING THE DYING SEMICONDUCTOR MAKER'S STOCK PRICE UP NEARLY 30-FOLD IN LESS THAN A DECADE. NOW, SHE'S PREPARING FOR BATTLE IN THE COMING AI REVOLUTION-AND SHE EXPECTS TO KEEP WINNING.

OVERCLOCKING AMD

10+ mins

TOP 100 ARAB FAMILY BUSINESSES 2023

Family Businesses Are Evolving And Unlocking Value

TOP 100 ARAB FAMILY BUSINESSES 2023

4 mins

SEEDING SUSTAINABLE AGRICULTURE

Morocco’s agribusiness is under mounting pressure amid soaring inflation and climate-driven weather variations. Rita Maria Zniber, Chairman and CEO of agribusiness group Diana Holding, is taking the lead in transitioning to a more sustainable ecosystem.

SEEDING SUSTAINABLE AGRICULTURE

6 mins

GOING STRONG

Hassan Allam Holding’s third-generation leaders, Hassan Allam and Amr Allam, the Co-CEOs of the group, have been overseeing their family business since 2009 and 2010, respectively. They are now focused on expanding the company’s operations, leveraging hitting 5.5 billion in backlog in 2022.

GOING STRONG

7 mins

EXECUTING AN EVOLUTION

Tarek Hosni, CEO of family-owned Saudi pharmaceuticals giant Jamjoom Pharma, led the company through an IPO in June 2023—the largest the kingdom has seen so far this year. Now he’s looking at new product growth to make the company an international name.

EXECUTING AN EVOLUTION

7 mins

Inflection AI, The Year-Old Startup Behind Chatbot Pi, Raises $1.3 Billion

Backed by Microsoft, Nvidia and billionaires Reid Hoffman, Bill Gates and Eric Schmidt, the startup led by ex-DeepMind leader MUSTAFA SULEYMAN is valued at 4 billion—and claims to have the world’s best Al hardware setup.

Inflection AI, The Year-Old Startup Behind Chatbot Pi, Raises $1.3 Billion

4 mins

Musk Vs Zuckerberg: Who's Winning The Tech Billionaires' Brawl?

Whether Musk and Zuckerberg will ever make it to the boxing ring remains to be seen, but their rivalry continues to make headlines. Here are some highlights and key stats.

Musk Vs Zuckerberg: Who's Winning The Tech Billionaires' Brawl?

3 mins

20 Smartest Cities In The World

Here are the top 20 cities improving energy efficiency, reducing CO2 emissions, and increasing the well-being of citizens, according to the Institute for Management and Development in partnership with the World Smart Sustainable Organization.

20 Smartest Cities In The World

4 mins

Enduring Legacies: 5 Renowned Global Businesses That Were Founded By Families

Family businesses have long been an important part of the global business landscape. Here are five renowned businesses founded by families, rising from humble beginnings to global prestige.

Enduring Legacies: 5 Renowned Global Businesses That Were Founded By Families

2 mins

The World's 5 Richest Billionaire Families

From the Walton family to the candy conglomerate Mars Inc., these families have built their fortunes through strategic investments, business acumen, and inheritance. Here are the top five richest billionaire families as of July 12, 2023, according to Forbes.

The World's 5 Richest Billionaire Families

2 mins

Notable Investments Of Bernard Arnault

At the heart of the world’s second richest family is a prolific investor. Bernard Arnault was the richest person in the world when Forbes released its 2023 list of the World’s Billionaires in April. Here are some of his biggest backings.

Notable Investments Of Bernard Arnault

2 mins

20 WOMEN BEHIND MIDDLE EASTERN TECH BRANDS 2023

Unveiling MENA’s Trailblazing Women in Tech

20 WOMEN BEHIND MIDDLE EASTERN TECH BRANDS 2023

2 mins

50 WOMEN BEHIND MIDDLE EASTERN BRANDS 2023

Meet the Female Founders

50 WOMEN BEHIND MIDDLE EASTERN BRANDS 2023

3 mins

POWER DRESSING

From accounting to runway, Egyptian entrepreneur Sara Onsi has taken an unconventional path to success in the fashion industry. After reconnecting with her purpose, the risk-taker is now designing for inclusivity and empowerment

POWER DRESSING

7 mins

MORE THAN SKIN DEEP

Salama Mohamed, Founder and CEO of Peacefull, launched her brand two years ago on a mission to give residents of the Middle East skincare products tailored to their climate. She’s since done that and much more, recently giving refugee women a means by which to earn income and find hope

MORE THAN SKIN DEEP

7 mins

TEAM PLAYER

International England Hockey player turned fashion designer, Nadine Merabi, Cofounder and Creative Director of her namesake luxury ready-to-wear brand, is empowering women through fashion while celebrating her Lebanese heritage

TEAM PLAYER

7 mins

BEAUTY FROM BOTH SIDES

Hind Sebti, Cofounder and Chief Growth Officer of Waldencast, is both leading a Nasdaq-listed company and developing her own beauty startups. While pursuing her own life-long love of the industry, she’s now focused on mentoring others

BEAUTY FROM BOTH SIDES

5 mins

Canadian Cool

Everyone thought Covid was the final coffin nail for brick-and-mortar retail. For ARITZIA, a nearly 40-year-old Vancouver-based fashion outlet, it proved quite the opposite

Canadian Cool

5 mins

Playing the Fields

SAL GILBERTIE sells down-to-earth inflation hedges: funds that hold futures contracts on crops like corn and soybeans

Playing the Fields

4 mins

A Winning Formula

TOTO WOLFF built Mercedes’ F1 team into an auto racing dynasty. Their championship days may be behind them, but the billionaire racing boss is more successful than ever

A Winning Formula

5 mins

5 Global Retail Acquisitions In H1 2023

Here are five notable global acquisitions made by retail leaders in the first half of 2023 as they navigated a competitive landscape

5 Global Retail Acquisitions In H1 2023

2 mins

Snapshot: The Promising Future Of MENA's Gaming Market

Gaming is on the rise in the Middle East, leading to boosted investment in developers and publishing companies

Snapshot: The Promising Future Of MENA's Gaming Market

2 mins

Read all stories from Forbes Middle East - English

Forbes Middle East - English Magazine Description:

PublisherForbes Middle East

CategoryBusiness

LanguageEnglish

FrequencyMonthly

Forbes Middle East is here to fill the vacuum for credible, original and intelligent journalism. Forbes Middle East's Arabic and English versions will reach out to all senior business executives and aspiring individuals who want to succeed!

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