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A Coalition of the Willing

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A Coalition of the Willing FACILITATING CHANGE LEADING THE TRANSITION FROM FEMALE EMPOWERMENT TO GENDER INCLUSION A COALITION THE FUTURE OF THE WILLING OF CITIES THE FIVE ROLES Tapping the YOU NEED TO MAKE transformative power YOUR CORPORATE of exponential VENTURING PROGRAM technologies A SUCCESS IMPACT AT SCALE TARIQ CHAUHAN THE GROUP CEO OF EFS FACILITIES SERVICES GROUP REVEALS HIS VISION TO BUILD A US$1 BILLION ORGANIZATION 9 7 7 2 3 1 1 5 4 1 0 0 8 > JULY 2018 | WWW.ENTREPRENEUR.COM/ME | UAE AED20 Wake up to BAREEM TOWNHOUSES from AED 899,000* No residency visa required to buy property Open to all nationalities Following outstanding sales in phases 1, 2 & 3, • No service fee for life ARADA presents Nasma Residences Phase 4. • Pay 60% on completion Located in the lush surroundings of • Up to 10% ROI a record-breaking community. Visit our Sales Office 800-ARADA (27232) Badriyah Ballroom, arada.com Radisson Blu Resort, Sharjah 10am – 7pm *T&C apply JULY 2018 CONTENTS Wake up to BAREEM TOWNHOUSES 22 * Tariq Chauhan, Group CEO, from AED 899,000 EFS Facilities Services Group No residency visa required to buy property Open to all nationalities 22 28 32 62 INNOVATOR: INNOVATOR: INNOVATOR: ‘TREPONOMICS: IMPACT AT SCALE DESIGNS ON THE FUTURE THE FUTURE OF CITIES PRO Following outstanding sales in phases 1, 2 & 3, • No service fee for life Tariq Chauhan, Group CEO, Dubai’s Area 2071 is all Singularity University Building tomorrow’s ARADA presents Nasma Residences Phase 4. • Pay 60% on completion EFS Facilities Services set to deliver on the vision co-founder and Executive workforce Group, reveals his vision of making the UAE the Chairman Dr. Peter H. Jugal Paryani, VP of Located in the lush surroundings of • Up to 10% ROI to build a US$1 billion leading nation in the world Diamandis on how the Marketing, Oliv, explains a record-breaking community. organization. by 2071. world should tap the why we need to think transformative power of about talent the way we exponential technologies. think about sales. Visit our Sales Office 800-ARADA (27232) 36 80 Badriyah Ballroom, arada.com ‘TREPONOMICS: START IT UP: PRO Q&A Radisson Blu Resort, Sharjah Bring in the new blood Safety is productivity Bayt.com’s VP of Employer Dubai-based tech startup 10am – 7pm *T&C apply Solutions Suhail Al Masri WakeCap aims to disrupt gives you the lowdown the construction industry on hiring fresh graduates by focusing on the at your enterprise this wellbeing of the workers summer. actually on a project site. 68 Kuwait Vision 2035 July 2018 / ENTREPRENEUR.COM / 3 Take your business to new heights. Business Complete Give your business all the tools it needs to reach its maximum potential with our Business Complete Plan. • High-speed internet • Business devices • Free Wi-Fi router • Free national and international minutes For more information, call 800 188 or visit du.ae/businesscomplete Take your business to new heights. Business Complete Give your business all the tools it needs to reach its maximum potential with our Business Complete Plan. • High-speed internet • Business devices • Free Wi-Fi router • Free national and international minutes For more information, call 800 188 or visit du.ae/businesscomplete CONTENTS JULY 2018 58 40 MONEY: TECH: ASK THE MONEY GUY SHINY A coalition of the willing #TamTalksTech Duval Union Consulting Gadgets and doodads co-founder and CEO that you might’ve missed Dado Van Peteghem and out on, sourced by a tech Omar Mohout, Professor aficionado. Yes, it’s okay to of Entrepreneurship at want them all… and no, it’s Antwerp Management not our fault. School, list the five roles you need to make your corporate venturing 80 WakeCap team program a success. 68 54 84 START IT UP: FRANCHISE ‘TREPONOMICS: ECOSYSTEM Executing an experience PRO Shaping the future Sloan’s Ice Cream Moving with the times Jared Willis, General founder and owner Sloan Eelco van Keimpema, Head Manager, Berkeley Research Kamenstein, writes about of Commercial Insurance - Group, offers three maintaining brand and Middle East & Africa, AIG, recommendations to help product quality on a global says collaboration is key, spur entrepreneurship in scale, while franchising as old and new business Kuwait. your business. models collide. 41 LG Q Stylus 32 The future of cities 12 / ENTREPRENEUR.COM / July 2018 CONTENTS JULY 2018 42 48 CULTURE: CULTURE: TRAPPINGS LIFE ‘Trep gear Facilitating change The executive selection for Servcorp General Manager, the entrepreneuron your Laudy Lahdo, on leading list that has everything. the transition from female Okay, maybe for a little self- empowerment to gender reward as well. inclusion. 52 44 TECH: CULTURE: THE FIX TRAPPINGS Disrupting the status quo Visible spectrum Vuclip President and COO Mr. Draper offers a Arun Prakash believes that gentleman’s guide to color the OTT market is changing matching. 28 Area 2071 the way content is created, desired, discovered, and 66 consumed. MONEY: 74 46 YOUR MONEY START IT UP: CULTURE: 78 Cut your losses STARTUP FINANCE LIFE START IT UP: Five easy ways startups can We got funded! Bullies at work Q&A manage debts from day one, Bahrain-born food tech Stamping out abuse at Off the beaten path by Virtuzone’s Director enterprise Eat, UAE- the workplace can be an Dawaami founder and CEO of Domestic Structuring, based insurtech platform uphill battle for everyone Kamal Al-Samarrai is all Paul Bryson. Aqeed.com, and Egypt’s involved, says Manfred Kets set to wage war against online couture rental de Vries, Clinical Professor industry incumbents with 70 startup La Reina reveal the of Leadership Development his new online platform TECH: details behind their latest & Organisational Change at that aims to disrupt the ONLINE ‘TREP fundraising wins. INSEAD. recruitment sector. Changing the game Founder Akanksha Goel on the evolution and growth of her digital media agency Socialize. 64 ‘TREPONOMICS: PRO From operator to service provider Hany Fahmy Aly, Executive Vice President - Enterprise Business, du, on the role of telcos in achieving tomorrow’s digital future. 50 ‘TREPONOMICS: SKILLSET Back to work Louise Karim, Managing Director, Mums@Work, lists six tips for the region’s 74 mothers to get back on Eat team track after a career break. 14 / ENTREPRENEUR.COM / July 2018 COME TO THE BLU, STAY FOR THE VIEW TAKE IN THE SPECTACULAR VISTAS OF THE DUBAI SKYLINE, THE DUBAI CANAL AND BURJ KHALIFA FROM THE NEW RADISSON BLU HOTEL, DUBAI WATERFRONT. THE PERFECT PLACE TO CAPTURE THAT ULTIMATE PICTURE MOMENT, WHETHER THAT’S FROM THE HOTEL’S PRIVATE ROOM BALCONIES, MEETING ROOMS, SPA OR RESTAURANT TERRACES. THE HOTEL IS IN THE HEART OF THE ACTION AND WALKING DISTANCE TO THE BEST SHOPPING AND ENTERTAINMENT IN DUBAI. NOW OPEN IN BUSINESS BAY Radisson Blu Hotel, Dubai Waterfront, Business Bay, PO box 16021, Dubai T: +971 4 249 7800 [email protected] radissonblu.com/hotel-dubaiwaterfront 176199 DXBZW Ad Entreprenuer Al Arabiya (203x273mm) UK.indd 1 26/03/2018 12.29 MIDDLE EAST C100 │ M100 │ Y0│ K40 EDITOR IN CHIEF Aby Sam Thomas [email protected] SUBSCRIBE CEO Wissam Younane [email protected] Contact [email protected] to receive REDEFINING DIRECTOR Rabih Najm [email protected] Entrepreneur Middle East every issue CREATIVE LEAD Odette Kahwagi MANAGING EDITOR Tamara Pupic YOUR FREEZONE STARTUPS SECTION EDITOR Pamella de Leon FEATURES EDITOR Sindhu Hariharan EXPERIENCE GROUP SALES DIRECTOR – B2B GROUP Joaquim D’Costa PO Box 502511 Dubai, United Arab Emirates COLUMNIST Tamara Clarke P +971 4 4200 506 | F +971 4 4200 196 EVENTS LIAISON Mark Anthony Monzon For all commercial enquiries related to Entrepreneur Middle East contact [email protected] CONTRIBUTING WRITERS Suhail Al Masri Sarah Jones Jugal Paryani All rights reserved 2018. Joby Beretta Sloan Kamenstein Arun Prakash Opinions expressed are solely those of the contributors. Paul Bryson Louise Karim Eelco van Keimpema Entrepreneur Middle East and all subsidiary publications in the Fida Chaaban Manfred Kets de Vries Dado Van Peteghem MENA region are officially licensed exclusively to BNC Publishing in the MENA region by Entrepreneur Media Inc. Mr. Draper Laudy Lahdo Jared Willis No part of this magazine may be reproduced or transmitted in any Hany Fahmy Aly Omar Mohout form or by any means without written permission of the publisher. Images used in Entrepreneur Middle East are credited when necessary. Attributed use of Printed by United Printing and Publishing copyrighted images with permission. All images not credited otherwise Shutterstock. www.upp.ae In addition to our print edition, we’re bringing EntMagazineME you all sorts of industry news on our web mediums. Joining us online means getting @EntMagazineME MIDDLE EAST relevant business and startup content in real-time, so you’re hearing about the latest Entrepreneur-me developments as soon as we do. We’re looking ACCESS FRESH CONTENT DAILY ON OUR WEBSITE! EntrepreneurMiddleEast www.entrepreneur.com/me forward to interacting with our readers on all of our social media and web platforms- like any EntMagazineME thriving business, we’re looking to give and take. #TrepTalkME is already happening on all of our EntMagazineME digi platforms, and all good conversations go both ways. See you on the web! EntMagazineME • Easy access via key highways with no access gates • Easy & efficient business set up • Smart office solutions from shared facilities to permanent offices • Variety of business licenses • Turnkey business solutions and services • On site licensing & visa authority 800-SOUTH (76884) [email protected] DUBAISOUTH.AE 16 / ENTREPRENEUR.COM / July 2018 C100 │ M100 │ Y0│ K40 REDEFINING YOUR FREEZONE EXPERIENCE EntMagazineME @EntMagazineME Entrepreneur-me EntrepreneurMiddleEast EntMagazineME EntMagazineME EntMagazineME • Easy access via key highways with no access gates • Easy & efficient business set up • Smart office solutions from shared facilities to permanent offices • Variety of business licenses • Turnkey business solutions and services • On site licensing & visa authority 800-SOUTH (76884) [email protected] DUBAISOUTH.AE EDITOR’S NOTE Perception is everything When disaster strikes (hard) or those of you who go understand or comprehend.
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