Mehmet Gonullu

Check out Kishan Shirish, partner, sharing in Asharq Indicators by Asharq Business اقتصاد الشرق the insights from our latest ‘The state of GCC banking: An exceptional operating environment’ report, which analyzes the evolving banking landscape in the Middle East and provides valuable insights to inform banking executives' strategies. Real the full report here 👇 https://lnkd.in/dTpn2Cnk #banking #GCC

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In Tahseen Consulting's #MENA+ #techpolicy insight, you'll read about the #UAE’s DUBAI FUTURE FOUNDATION launching an #IP hub, EFG Holding mulling a #SaudiArabia #regionalHQ, #Egypt’s Beltone launching 8 new funds on the Egyptian Exchange - EGX, 80+ firms from #Pakistan attending GITEX GLOBAL Largest Tech & Startup Show in the World, Dubai Financial Market emerging as the best performing #GCC stock market, rising tensions hitting #MENA investor confidence, Dyson cutting #Singapore jobs, Oracle planning a$6.5B #Malaysia investment, and 13 companies filing for #IPOs in a day in #India. 🇦🇪 #UAE Space42 makes Abu Dhabi Securities Exchange debut after Bayanat Smart Solutions-Yahsat Space Services merger 🇸🇦 #KSA Asset management AUM ▲to $300B by 2026 🇪🇬 #EGYPT International Monetary Fund delays 4th review of $8B loan program 🇵🇰 #PAKISTAN is 2nd largest #Chinese solar #PV market 🌍 #GCC LuLu Group International may just do a single #ADX listing 🌍 #GCC talabat’s valuation may surpass parent Delivery Hero in Dubai #IPO 🇹🇷 #TURKEY is largest MENA crypto market, 7th globally, $137B in transactions - Chainalysis 🇹🇷 #TURKEY ADQ may acquire Odeabank 🇸🇬 #SINGAPORE plans $92M boost for #AI for Science initiative 🇲🇾 #MALAYSIA, #Cambodia introduce #crossborder #QRpayments   🇮🇳 #INDIA #Ecommerce orders ▲ 20% as festive season begins

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In Tahseen Consulting's #MENA+ #techpolicy insight, you'll read about The The Hashgraph Group getting a license at the #UAE’s ADGM for a $100M #Web3 #VC fund, #SaudiArabia launching the Center for Space Futures, #Egypt simplifying taxes for small businesses, #Pakistan’s phone production meeting 94% of demand, #GCC M&A activity ▲ 88% YoY, Mastercard inking UAE and KSA deals to boost #MENA #digitalpayments, the #Philipinnes’ Bangko Sentral ng Pilipinas planning stricter #payment rule penalties, #Indonesia’s eFishery appointing interim leadership, and Netflix and Amazon opposing #India’s attempt to regulate content delivery networks. 🇦🇪 #UAE Abu Dhabi Investment Authority (ADIA) sells 69% stake in Liverpool ONE 🇸🇦 #KSA Lithium Infinity (Lihytech) extracts #lithium from aramco oilfield brine 🇪🇬 #EGYPT to launch green industry program in Q1 2025 🇵🇰 #PAKISTAN BusCaro nearing profitability, hits $4.5M ARR, 30,000 rides / day 🌍 #GCC Digital Cooperation Organization (DCO) launches content integrity initiative 🌍 #MENA #esports hits $7.2B, 70M gamers, Egypt makes up 58% 🇸🇬 #SINGAPORE GIC co-leads data and #AI firm Databricks' $10B funding 🌏 #SoutheastAsia #VC funding ▼ 59% in 2024 to $2.84B 🇮🇳 #INDIA to 2x #EV launches next year

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The ‘Dubai Startup Guide’ provides insights across ten sectors shaping the digital economy, including, #Artificialintelligence (AI), #3Dprinting, #Cybersecurity, #Digital assets, #Fintech, #Edtech, #Gaming, #Healthtech, #Software/SaaS, #Metaverse/Web3. Expand North Star 2024 is expected to host 1,200 vetted investors and feature 1,800 startups from over 100 countries, marking the highest number of late-stage startups at any event worldwide. The Dubai Chamber of Digital Economy, one of three chambers under Dubai Chambers, has unveiled the ‘Dubai Startup Guide’, a complete handbook designed to support entrepreneurs and startups in establishing their businesses in Dubai’s dynamic ecosystem. #startups #dubai #UAE #investments #fundraising #venturecapitalist #angelinvestors #GCC #MENA #expandNorthstar #DubaiChamberOfDigitalEconomy #FutureInFocus

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New Post: Startup Wrap – MENA startup ecosystem flourishes as year comes to an end - Startups in the Middle East and North Africa are experiencing significant growth, driven by increased funding and expansion efforts across various sectors, including AI, fintech, and health tech. Saudi Venture Capital Co. is investing in the $150 million Middle East Venture Fund IV to support high-potential tech startups in Saudi Arabia. Notable funding activities include the $30 million raised by US-based Bureau for expansion in Saudi Arabia, and UAE's CredibleX securing $55 million to assist SMEs. Other startups like UAE’s Klickl and Revibe are also attracting considerable investments, illustrating the region's thriving entrepreneurial ecosystem and investor confidence. Read the full article here https://lnkd.in/dk6uTeYM #Venturecapital #VC #investment #LP #Limited Partner

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More than 200 applications from 10 countries all in AL-FARABI SCALEUP: • Kazakhstan • Uzbekistan • Kyrgyzstan • Azerbajjan • Mongolia • Egypt • Pakistan • Tajikistan • Saudi Arabia • Ukraine 🇸🇦 Crunch/RIYADH - Riyadh's StartUPs and People | #RiyadhTech #Vision2030 #RiyadhExpo2030 and 🇦🇪 crunch/DUBAI – Dubai's StartUPs and people and Crunch/??? 🇺🇸🇺🇸🇺🇸 that’s soon will be available with crazy info ℹ️ bomb 💣 20+ more soon our platforms is watching next steps 👀 preparing the materials for scaleups that’s coming! That’s number and geography what received by Aslan Sultanov Founding Partner White Hill Capital and Tumar Venture Fund and his partner and CIO and for search optimization (haha 😂 didn’t know this before actually, big fan of #inDriver team and Arsen Tomsky as I have his big fans and investors who’s my friends) ex-#Investmentdirector in New Ventures I inDrive venture arm, our 24SIX9 fam Ivan Didus, whom I wanna congratulate but don’t will say why, congratulations man ❤️👨‍🌾👊 (for more conspiracy 🤣) Great job by Plug and Play Tech Center team as always by Abdullah Alakeel and Andrea Azzolari And Kazakhstan leaders as: Talgat Amanbayev 🚀 Chief Innovation Officer AIFC (Astana International Financial Centre) and Global Blockchain Business Council (GBBC) and Yeraly Beksultan from The World Bank Group with Kanysh Tuleushin First Vice Minister of the Ministry of Digital Development, Innovation and Aerospace Industry of the Republic of Kazakhstan Zhanbolat Kakishev BEng, MBA, MPA "Alliance of Technology Companies 'QazTech'," where he serves as an Executive Director and Co-founder And one brilliant person who integrated in #SaudiArabia education economy and I will use this post for asking about collaboration for our amazing STEM Education VR Labs friends XREADY LAB | Best VR education | Free 3D models | Science | Tools for teachers | VR classroom I see clearly brilliant founders feet with amazing man Zhanadil Taldybayev is the Founder & CEO of CodiPlay, an #edutech company focused on coding education for children. He comes from Zaisan, a small town in the Altay Mountains of Kazakhstan, and has been recognized in Forbes 30u30 for his work in driving business across multiple countries. CodiPlay mission is to make coding education accessible and engaging, particularly for students in remote areas, by providing a curriculum in multiple languages and supporting teachers with diverse IT backgrounds. His educational approach has benefited over 150 thousand learners across Eurasia. ____ full support as well 🇪🇬 Crunch/Cairo – the Media about Businesses and People & 🇲🇽🇦🇷🇧🇷 Crunch/LATAM - CrunchLatAm.com StartUPs and People. _____€$¥£__ my personal sponsor Glocal SEO Platform 2025 | https://Gloc.al International Search Visibility Auto SEO For Startups that was valuated USD $8.5 million in last public round by Regolith #retailinvestors #venturecapital platform with 10500 investors, USD $50+ millions raised, 68 countries.

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In Tahseen Consulting's #MENA+ #techpolicy insight, you'll read about the #UAE approving the #Nebras #OpenFinance / #eKYC platform, #SaudiArabia’s Public Investment Fund (PIF) acquiring a 15% stake in Heathrow Airport, Vingroup JSC and #Egypt's #PrimeGroup investing $1.2B in Indonesian #EV charging, #Pakistan only attracting $37M YTD in #VC, bp’s former CEO joining the board of ADNOC Group's new energy group #XRG, #Bahrain implementing the 1st phase of its #epayments regulation, Keppel Ltd. and Sovico Group discussing a #undersea cable between #Singapore and Vietnam, #Indonesia’s #3PL players calling for #antitrust action against #ecommerce fleets, and Samsung Electronics accusing #CCI of unlawful #data seizures, detention of staff in #India. 🇦🇪 #UAE ADGM opens #virtualasset regulation consultation 🇸🇦 #KSA ADNH Catering expands, ▲ JV stake to 50% 🇪🇬 #EGYPT invests $3B in #digitalinfrastructure since 2018, plans #5G rollout 🇵🇰 #PAKISTAN proposes National Cybercrime Forensics Agency 🇴🇲 #OMAN Hydrom, thyssenkrupp localize #electrolyzer manufacturing 🌍 #GCC Satellite internet to boost connectivity, incumbent partnerships 🇻🇳 #VIETNAM #Electric taxi operator GSM | XanhSM Co.,LTD launches in #Jakarta 🇮🇩 #INDONESIA Indosat Ooredoo Hutchison Digital Camp taps NVIDIA #AI to personalize services 🇮🇳 #INDIA #DoT introduces new telecom #KYC guidelines

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Our Co-Founder, Glenn Harwood, spoke to Asharq Business اقتصاد الشرق this week about how the resolution to supply chain crises and chip shortages has made used cars more affordable to consumers in the MENA region. #AlgoDriven’s cutting-edge, proprietary data shows used car prices in the region have declined by c. 15% over the last year. To learn more about the causes and effects of this trend, watch the full interview here: https://asharq.co/ytwcj #Automotive #AutomotiveTech #UsedCars #MENA #AsharqBusiness

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At Black Hat MEA today, a dynamic panel dove deep into the state of venture capital in cybersecurity, spotlighting global and regional trends shaping this critical industry. With the cybersecurity market booming, driven by Saudi Vision 2030 and unprecedented digitisation, the conversation revealed why this sector remains a priority despite global economic slowdowns. Key Takeaways  🔹 Global Market Dynamics: The cybersecurity market is on track to hit $500 billion by 2023, even as overall VC funding dips globally. Top areas of growth include: AI-driven cybersecurity: Transforming threat detection and response. Zero-trust solutions: Protecting data and infrastructure. Digital trust technologies: Strengthening identity and transaction security. 🔹 Middle East Cybersecurity is expected to grow to $24.1 billion by 2028 (10.2% CAGR). This region is a hotspot for innovation, fuelled by rapid digitisation across industries, government-driven transformation like Saudi Vision 2030, and global talent gaps creating demand for creative solutions. 🔹 Saudi Vision 2030 is the catalyst that's reshaping the landscape by attracting global investors to a thriving hub of innovation, encouraging entrepreneurship and the development of region-specific solutions and creating a strategic pathway for tech-driven economic transformation. Moderated by Arwa Alhamad, the panel brought together: Lakshmi Hanspal: “The arms race in cybersecurity is relentless, driving VC interest in innovation.” Mohammed Almeshekah: Emphasised localisation to meet the region's unique needs. Kais Al-Essa: “Localisation is not just a trend but a necessity for the Middle East’s cybersecurity future.” Arwa Alhamad closed with a great quote from Peter Druker: "The best way to predict the future is to create it." My nuanced take on this from Dennis Gabor's 1960s booked entitled 'Inventing the Future' is "The future cannot be predicted, but futures can be invented." Insights for Innovators and Investors: 1️⃣ Focus on high-growth segments like AI-powered tools, zero-trust architectures, and cloud-based security. 2️⃣ Embrace localisation to address the Middle East’s regulatory, cultural, and economic landscape. 3️⃣ Saudi Vision 2030 is not just a policy—it's a platform for growth and investment. Even amidst global economic challenges, cybersecurity remains a resilient and growing field. With its digitisation drive, forward-looking policies, and demand for innovation, the Middle East is now a prime destination for venture capital in cybersecurity. The future is here, and the Middle East is leading the charge. #CyberSecurity #VentureCapital #BlackHatMENA #AI #SaudiVision2030 #DigitalTransformation Great to see so many friends & colleagues today: Lee Gray, Rami El Malak, Fahad Aljutaily, John Brown, Stephan Mesguich, Ilona Simpson, Naief Jobsen, Dr. Talal Albadrani, Rossa Shanks, Iain Johnston, Ibrahim M. ALRobia (إبراهيم الربيّع) and others who are somewhere in the 55,000... sirar by stc

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In Tahseen Consulting's #MENA+ #techpolicy insight, you'll read about the #UAE’s Abu Dhabi Gaming supporting EsportsXO to establish a #MENA HQ, #SaudiArabia issuing 36,000 investment licenses since Saudi Vision 2030, #Egypt’s Banque Misr planning #MENA and #Africa expansion, #Pakistan saying #VPNs are contributing to slower internet, Majid Al Futtaim rebranding Carrefour stores as #Hypermax in #Oman, #Lebanon electing a new president after a 2 year wait, Amazon launching a #Thailand #datacenter region as part of its $5B investment plan, #Japan's NTT DOCOMO and NEC Corporation forming the OREX SAI, INC. JV to target #Indonesia, and #Amazon testing #qcommerce in #India. 🇦🇪 #UAE Emirates NBD may buy controlling stake in Banque du Caire 🇸🇦 #KSA Public Investment Fund (PIF) invests $200M in State Street-managed Saudi Arabia Aggregate Bond UCITS ETF 🇪🇬 #EGYPT to announce privatization timeline soon 🇵🇰 #PAKISTAN #VirtualAssets Bill 2025 introduced to regulate #crypto sector 🇴🇲 #OMAN to open metro system by 2032 🌍 #GCC stc, Nokia conduct 1Tbps long haul trial, break #datacenter record 🇸🇬 #SINGAPORE KIA Motors to launch 1st locally-made #EV 🇮🇩 #INDONESIA says #iPhone16 still banned despite Apple investment 🇮🇳 #INDIA ½ of #mobile manufacturing capacity underutilized amid weak demand

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In Tahseen Consulting's #MENA+ #techpolicy insight, you'll read about the #UAE’s G42's #AI deal with Microsoft raising security concerns, #SaudiArabia’s non-oil growth hitting a 2.5-year low, #Egypt getting new finance, foreign, supply ministers in a major cabinet reshuffle, #Pakistan adopting a 5-year plan to cut its #population growth, #Tunisia holding presidential #elections on 10/6, Chinese #EV firms targeting #Morocco, #Singapore tightening #AML laws for corporate service providers, #Vietnam's new fund to woo #FDI, and #crypto firms seeking multi-agency #regulation in #India.   🇦🇪 #UAE's DNEG raises $200M at $2B+ valuation from United Al Saqer Group   🇸🇦 #KSA #Empower, MVW Lechtenberg & Partner, Saudi Investment Recycling Company (SIRC) #wastetofuel plant to cut #carbonemissions, 3M tons / year of waste   🇪🇬 #EGYPT Talaat Moustafa Group investing $21B in #SouthMED project 🇵🇰 #PAKISTAN Huawei planning a $400M National Data and Cloud Center 🇰🇼 #KUWAIT Google Cloud to open office, target $1B in government contracts 🌍 #MENA- #China China Investment Corporation-Partners Group tie up to ▲investment flows 🇹🇷 #TURKEY Papara to acquire #digitalbroker Finfree 🇹🇷 #TURKEY Hiwell raises $3.5M on $28.5M valuation 🇹🇭 #THAILAND develops Open #ThaiGPT to counter #BigTech influence 🇮🇩 #INDONESIA recovering from a major #cyberattack of 282 agencies 🇮🇳 #INDIA Tier 2 cities to lead #EV demand

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In Tahseen Consulting's #MENA+ #techpolicy insight, you'll read about #Dubai targeting $177B in #FDI with its $6.8B #FDI Development Program, #SaudiArabia’s Q1 FDI ▲ 5.6%, #Egypt’s #IPO program restarting, #Pakistan taxing #tech companies on local generated, #Qatar’s #ecommerce sector hitting $8B+, #Tunisia and BYD expanding #EV cooperation, #China’s #AI startups seeking growth in #Singapore, the #Philippines taxing foreign #digital services, and #India’s Ola Electric planning a $100M battery #gigafactory. 🇦🇪 #UAE Masdar (Abu Dhabi Future Energy Company) eyes Brookfield Asset Management's $1.8B #Spanish #renewables unit 🇸🇦 #KSA aramco signs $25B to expand gas production 🇪🇬 #EGYPT 2040 #renewableenergy target upped to 58% 🇵🇰 #PAKISTAN National firewall to boost #socialmedia filtering, monitoring 🌍 #MENA AXA IM Alts opens 1st regional office in #AbuDhabi 🌍 #MENA #SWFs invested $38B in H1 🇹🇷 #TURKEY removed from the #FATF #greylist 🇹🇭 #THAILAND More #startups target #IPOs 🇻🇳 #VIETNAM #AI, #crypto players prep for stricter #data, #virtulasset regulations 🇮🇳 #INDIA #Karnataka unveils draft #gigeconomy social security bill

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💡 In my recent interview on Asharq BusinessWeek on Bloomberg Alsharq hosted by Nadia Bsat, we discussed several important topics regarding AI infrastructure in the region and its economic impact. Here are the key points I shared: 1️⃣ Infrastructure required for AI development: Saudi Arabia and the UAE are investing in advanced data centers, data management policies, and high-speed networks. For example, SDAIA is setting policies to ensure AI development aligns with ethical and Islamic values. SDAIA | سدايا 2️⃣ Guarantees required to ease U.S. restrictions on chip exports: Both countries need to provide guarantees around the safe use of chips and cooperate with U.S. companies to ensure that advanced technology doesn't fall into unwanted hands. 3️⃣ Impact on relations with China: Despite the UAE being a BRICS member, it has maintained a balanced relationship with both China and the U.S., fostering bilateral relations without compromising economic interests. 4️⃣ AI's contribution to economic transformation: Saudi Arabia aims for AI to contribute 12.5% to its GDP by 2030, while the UAE targets 14% by 2031. Both countries are heavily investing in digital infrastructure to boost efficiency and productivity. 5️⃣ Opportunities for tech companies in Gulf markets: The UAE and Saudi Arabia represent new and crucial markets for companies like Nvidia to offset losses caused by U.S. restrictions on China. The Gulf market is expected to compensate for part of the lost market share. 🌍 The digital transformation in our region is steadily moving towards enhancing innovation and economic diversification. I look forward to hearing your thoughts on these developments and having a shared conversation about the future of AI in our region! 🤖🚀 Asharq Business اقتصاد الشرق

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In Tahseen Consulting's #MENA+ #techpolicy insight, you'll read about the #UAE expecting #AI to account for 14% of GDP by 2030, Qualcomm partnering with aramco in #SaudiArabia, #Egypt’s Contact Financial Holding seeing #insurance premiums growing by 59%, #Pakistan considering a #carbontax on fuel, #Qatar’s Invest Qatar and Boeing establishing a #Doha aerospace hub, #Oman reporting the lowest inflation rate in the #GCC, TikTok expanding #livecommerce in #Thailand, #Singapore’s Vertex Holdings launching a #Japan-focused fund, and Porter becoming #India’s 3rd 🦄 of 2024. 🇦🇪 #UAE #Ecommerce market to hit $13.3B by 2028 🇸🇦 #KSA Kuaishou Technology to establish HQs in #Riyadh and #Dubai 🇪🇬 #EGYPT Draft #SOE law gets Cabinet approval 🇵🇰 #PAKISTAN SECP launches revised #digitallending framework 🌍 #GCC Presight, Intel Corporation announce AI partnership 🇴🇲 #OMAN Oman National Investments Development Company S.A.O.C. "TANMIA"​ partners with SICO BSC (C) for $126M fund 🇹🇷 #TURKEY may be removed from the Financial Action Task Force (FATF) #greylist 🇹🇷 #TURKEY Draft crypto bill submitted to Parliament 🇮🇩 #INDONESIA #D2C firms expand despite #VC slowdown 🇵🇭 #PHILIPPINES extends tax breaks to #E2Ws, hybrids

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In Tahseen Consulting's #MENA+ #techpolicy insight, you'll read about 40% of #UAE consumers using #BNPL regularly, #SaudiArabia’s Public Investment Fund (PIF) reorganizing to tighten its focus, #Egypt’s Egyptian Competition Authority introducing pre-merger approval, #Pakistan seeking $17B for #CPEC expansion, #GCC oil majors ADNOC Group and aramco bidding on Shell’s #SouthAfrica business, #MENA leaders traveling to #China for the China-Arab States Cooperation Forum, the #Philippines adopting its National #Cybersecurity Plan, #Vietnam more precisely defining #electricmoney to differentiate it from #virtualassets, and #India #ecommerce sales ▼ 2% YoY. 🇦🇪 #UAE International Holding Company (ADX:IHC) inks #Africa deals, eyes $1B acquisitions 🇸🇦 #KSA DP World, #Mawani launch $250M logistics park 🇪🇬 #EGYPT #China's FAW, GV Investments target #ridehailing with #EV venture 🇵🇰 #PAKISTAN #Mobile manufacturers call for policy improvements 🌍 #GCC- #Africa trade growing at 8% CAGR, to surge with #tech, #renewables partnerships 🇴🇲 #OMAN Oman Investment Authority inks $91M in #ICT deals at #COMEX 🇹🇷 #TURKEY X advertising ban lifted due to new office, local representative 🇹🇷 #TURKEY 3 new banks get licensing approval 🇲🇾 #MALAYSIA #Semiconductor industry faces skills shortage 🇮🇩 #INDONESIA Grab-backed #wealthtech Bareksa makes #superapp push 🇮🇳 #INDIA Google to invest $350M in Flipkart at $37B valuation

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🇮🇳 In Action ➔ Here's the top 10 #IndianTech developments Tahseen Consulting is following today 🤖 Companies get second chances for #IPOs amid buoyant markets 📈 #Startup fundraising rises 59% YoY in October ⚖️ Swiggy gets over $15B bids for #IPO anchor book; oversubscribed 25x 📱 #Starlink, Amazon asked for security compliance to provide #satellite services 💰 #Payments firms scrap user incentives due to funding crunch 🏢 Govt eases power usage effectiveness requirements in #AI #GPU tender after pushback    🤝 #TamilNadu sees surge in manufacturing investments 📡 Bharti Telecom Limited to raise $1.3B bond issuance 🌐 #Gaming industry ups game with homemade 'AAA' products 🏦 Meesho posts 33% increase in revenue, achieving positive cash flow 👋 With the #India and #MENA tech ecosystems converging, you can follow Tahseen Consulting and click below to get our extended coverage of the top tech developments you need to know about to start your day. https://lnkd.in/gBXBCZsN

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