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OLD UNICORN NEW TRICKS.

Forbes Middle East - English

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July 2022

Billionaire brothers John and Patrick Collison built Stripe into one of the world's most-hyped, highest valued - and profitable! - startups, worth some $95 billion. Now they must stave off going from disruptor to disrupted.

- ALEX KONRAD

OLD UNICORN NEW TRICKS.

IT’S JUST BEFORE FIVE O’CLOCK, AND STRIPE COFOUNDER JOHN COLLISON IS PREPARING TO ADDRESS HIS HUNDREDS OF IRELAND-BASED EMPLOYEES ON THE TOP FLOOR OF HIS HEADQUARTERS IN DUBLIN’S “SILICON DOCKS” DISTRICT.

Such regular Friday town halls, which are also simulcast to New York, San Francisco, Singapore and anywhere else its 7,000 employees want to tune in from over Zoom, are an almost sacred tradition at Stripe, the payments company that Collison co-founded with big brother Patrick in 2010. With Patrick away getting married, it’s up to John, 31, and with a dusting of gray hair now topping his boyish face, to field questions.

It could get contentious: There’s a social media “kerfuffle” playing out over Twitter this week: Stripe has been accused in a series of (since deleted) tweets by Zachary Perret, the billionaire co-founder of fellow fintech unicorn Plaid, of meeting with his company under false pretenses only to build a competing software tool.

Forbes Middle East - English'den DAHA FAZLA HİKAYE

Forbes Middle East - English

Forbes Middle East - English

FLYING AHEAD

Earlier this year, flynas became the first ever listed carrier in Saudi Arabia to go public, raising $1.1 billion in its landmark IPO. Managing Director and CEO Bander Almohanna now has his sights set on further route expansion and new destinations.

time to read

7 mins

August 2025

Forbes Middle East - English

Forbes Middle East - English

The Vibe-Coding Factory

Stockholm-based LOVABLE has become the world's fastest-growing software startup, hitting over $100 million in annualized revenue in just eight months by using Al to enable millions of non-coders to instantly turn their ideas into websites, apps and online side hustles.

time to read

6 mins

August 2025

Forbes Middle East - English

Forbes Middle East - English

Navigational Hazards

Even with nepotism, protectionism and infinite” liquefied natural gas, THOMAS CROWLEY JR. shows it ain’t easy being the third generation to run an American shipping company.

time to read

6 mins

August 2025

Forbes Middle East - English

Forbes Middle East - English

REDEFINING LUXURY

Noelle Homsy and Chris Nader built luxury ecolodge brand ENVI Lodges to redefine what it means to travel luxuriously and responsibly in the experiential outdoor hospitality space. Now, as they move towards closing their third funding round, bigger plans are on the horizon.

time to read

6 mins

August 2025

Forbes Middle East - English

Forbes Middle East - English

RESILIENT EXPANSION

Kamel Abou-Aly, Founder and Chairman of Pickalbatros Hotels Resorts, began building his hospitality empire in Egypt 33 years ago. With 5 billion invested at home and abroad, the group continues to expand while strengthening Egypt’s position as a global tourism hub.

time to read

7 mins

August 2025

Forbes Middle East - English

Forbes Middle East - English

TOP 100 TRAVEL & TOURISM LEADERS 2025

Despite ongoing challenges in the Middle East, the region remains a hotspot and a key global tourism hub, driven by diverse attractions the GCC and a robust pipeline of ongoing developments.

time to read

4 mins

August 2025

Forbes Middle East - English

Forbes Middle East - English

Time to Beat Apple

Small value stocks haven't been doing well. But money manager MILES LEWIS makes the case that at a time of turbulence on Wall Street, they are ready for a rebound.

time to read

4 mins

July 2025 English

Forbes Middle East - English

Forbes Middle East - English

CAPITAL CATALYST

America’s largest bank, J.P. Morgan, is deepening its MENA footprint under Khaled Hobballah, Senior Country Officer for MENA and Head of Markets for MENA Tirkiye. As the region gains strategic weight, Hobballah is shaping how global finance flows through the fastest-growing hub.

time to read

6 mins

July 2025 English

Forbes Middle East - English

Forbes Middle East - English

GLOBAL MEETS LOCAL 2025

As global corporations deepen their roots in MENA, the region continues to evolve into a magnet for investment, innovation, and cross-border collaboration.

time to read

3 mins

July 2025 English

Forbes Middle East - English

Forbes Middle East - English

EVERYTHING AI

David Meads, Vice President for the Middle East, Africa, Türkiye, Romania, and the Commonwealth of Independent States at Cisco, returned to the region last year to plug into its full tech-leading potential. With Al dominating conversations and partnerships powering growth, he's seeing fast results.

time to read

6 mins

July 2025 English

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