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G42 was founded in 2018 and is based in Abu Dhabi, UAE. [3] The company performs AI research and development processes on big data, AI, and machine learning via its subsidiary, the Inception Institute of Artificial Intelligence (IIAI). [4]
Swvl was founded by Mostafa Kandil, Mahmoud Nouh and Ahmed Sabbah in 2017. Nouh and Sabbah left the company in 2019 and 2021, respectively. [22] [23]CEO Mostafa Kandil previously worked for Rocket Internet, where he launched car sales platform Carmudi in the Philippines. [4]
A startup or start-up is a company or project undertaken by an entrepreneur to seek, develop, and validate a scalable business model. [1] [2] While entrepreneurship includes all new businesses including self-employment and businesses that do not intend to go public, startups are new businesses that intend to grow large beyond the solo-founder. [3]
Location of the United Arab Emirates. The United Arab Emirates is a country at the southeast end of the Arabian Peninsula on the Persian Gulf. The economy is the second largest in the Arab world (after Saudi Arabia), with a gross domestic product (GDP) of US$570 billion (DH 2.1 trillion) in 2014.
This is a list of unicorn startup companies: In finance, a unicorn is a privately held startup company with a current valuation of US$1 billion or more. Notable lists of unicorn companies are maintained by The Wall Street Journal, [1] Fortune Magazine, [2] CNNMoney/CB Insights, [3] [4] TechCrunch, [5] PitchBook/Morningstar, [6] and Tech in Asia ...
Techstars is a global startup accelerator and venture capital firm founded in 2006 and headquartered in New York City. The accelerator provides capital, mentorship, and other support for early-stage entrepreneurs. As of January 2024, it had been used to launch roughly 4,100 companies with a combined market capitalization of over $116 Billion ...
This list displays all UAE companies in the Fortune Global 500, which ranks the world's largest companies by annual revenue. The figures below are given in millions of US dollars and are for the fiscal year 2023. [1] Also listed are the headquarters location, net profit, number of employees worldwide and industry sector of each company.
Acqui-hiring (a portmanteau of "acquisition" and "hiring") is the acquisition of startups or other small companies primarily to acquire human capital. [1] [2] The term acqui-hire was coined in 2005. The phenomenon gained widespread attention in the 2010s due to media coverage of tech firms, although acqui-hiring has been reported in a variety ...
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