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Entrepreneurs

Exclusive interviews with entrepreneurs from the Middle East and beyond. All the important stories, plus authoritative opinion and analysis

In 2023 the Dubai Chamber identified a lack of succession planning as a pressing threat facing family-owned enterprises

UAE entrepreneurs lack succession plans, warns HSBC

Almost half of entrepreneurs in the UAE have no formal succession strategy in place to protect their business or family wealth, according to a report from HSBC. This failure to prepare points to a structural risk in one of the country’s most vital economic segments. While 98 percent of UAE respondents are optimistic about their […]

Erad hopes to help bridge the $250 billion credit gap faced by Gulf SMEs

Saudi startup Erad secures $16m to fund small businesses

Erad, a Riyadh-based fintech startup, has secured $16 million in pre-Series A funding to fuel its expansion, according to a press release. Erad provides Sharia-compliant financial services to small and medium-sized enterprises (SMEs). It has so far raised funding of SAR 100 million ($27 million) in Saudi Arabia and the UAE. The round was backed […]

Satish Sanpal: 'Luck might place you at the foot of the ladder, but without hard work you won’t climb very far'

60 seconds with Satish Sanpal, chairman of ANAX Holding

Satish Sanpal established ANAX Holding in Dubai in 2018 as a diversified investment entity. Today, ANAX Holding operates across multiple sectors, including real estate development, hospitality and financial services. ANAX Developments, one of its key subsidiaries, has emerged as a prominent real estate developer in Dubai, delivering high-demand projects across the city. What one piece […]

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