Moving away from their historical over-reliance on the public sector, Arab youth are empowering themselves by pursuing entrepreneurship avenues and these young Arab entrepreneurs are creating employment at scale The eighth United Nations Sustainable Development Goal (SDG) calls for promoting “inclusive and sustainable economic growth, employment, and decent work for all.” A new report by the
To talk of financial management and not touch upon working capital management is not possible. This GroFin business support guide provides an overview on working capital management to help entrepreneurs understand the importance of working capital for building a sound financial future for the organisation.
Al-Bassam International Enterprise trading as My School It can be difficult to find a partner to support and finance the entrepreneurial dream of a start-up. Nabil Al Raisi and his wife Samia vowed to make My School an even better and bigger learning place when they saw their school’s classrooms over populated after only a
After 6 years of activity, Abdullah Al-Sharji’s efforts were destroyed by a cyclone in 2007. In 2009, Abdullah found the funds he needed to reconstruct his factory, to clear his debts, and to put a workable plan in place that would allow Al Ghadeer Water Bottling Factory to break even. Then, in June 2010 a
United Birba Enterprises (UBE) started as a trading company in 2010, trading in foam mattresses, pillows, marbles, right-hand steering vehicles, tires and lubricants. After one of its main suppliers lost his factory due to a fire, Nasser Al Habsi, the founder of UBE decided to venture into the manufacture of its own mattresses. Nasser then
Created in 2007, Al Duqum International Group (DIG) forms part of the PDO’s local community contractors (LCC) for the north of the Sultanate of Oman. Its main activities involve construction and maintenance work for oil and gas companies. One of the future plans of DIG is to act as contractor with the oil and gas