The Finance World Magazine| Edition: March 2023
The March edition of The Finance World Magazine (TFW) delves into the Zayed Ambition 2 project, which strives to investigate the feasibility of leveraging the UAE's burgeoning space economy for sustainable development. This initiative showcases the country's commitment to diversifying its economy and reducing its reliance on oil. In a featured interview, CEO Shaaista Khan Osman and Managing Director Osman Osman of Blu Blood share their insights about the event management industry in the UAE. This issue also includes insights from Sridhar Vembu, CEO of Zoho Corporation, on emerging AI tools, along with some advice for SMEs and startups. Through this edition, we also bring you insights on topics like the UAE's steadfast dedication to sustainable growth and development, Dubai surpassing global and regional tourism recovery levels, the sports industry emerging as a promising sector magnetizing international investors, and many more key informational articles in the finance sector. Keep yourself up to date with all financial sector news with our current news segments. Each person can find something unique from us. We believe our readers deserve real value from what we have to offer.
The March edition of The Finance World Magazine (TFW) delves into the Zayed Ambition 2 project, which strives to investigate the feasibility of leveraging the UAE's burgeoning space economy for sustainable development. This initiative showcases the country's commitment to diversifying its economy and reducing its reliance on oil.
In a featured interview, CEO Shaaista Khan Osman and Managing Director Osman Osman of Blu Blood share their insights about the event management industry in the UAE. This issue also includes insights from Sridhar Vembu, CEO of Zoho Corporation, on emerging AI tools, along with some advice for SMEs and startups.
Through this edition, we also bring you insights on topics like the UAE's steadfast dedication to sustainable growth and development, Dubai surpassing global and regional tourism recovery levels, the sports industry emerging as a promising sector magnetizing international investors, and many more key informational articles in the finance sector.
Keep yourself up to date with all financial sector news with our current news segments. Each person can find something unique from us. We believe our readers deserve real value from what we have to offer.
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Mumzworld<br />
Mona Ataya and Leena Khalil,<br />
Entrepreneurs<br />
Mona Ataya and Leena<br />
Khalil are two inspiring<br />
entrepreneurs who have<br />
created a platform that<br />
has transformed the e-commerce<br />
landscape for parents and children<br />
across the Middle East. <strong>The</strong>ir company,<br />
Mumzworld, has connected over 2.5<br />
million users in the region, making<br />
it the go-to destination for parents<br />
looking for high-quality products for<br />
their families.<br />
Established in 2011, Mumzworld<br />
offers a range of products, including<br />
baby care items, toys, clothes, and<br />
gear, all carefully curated to meet the<br />
needs of parents and children. <strong>The</strong><br />
platform’s commitment to quality,<br />
convenience, and affordability has<br />
made it a favourite among its growing<br />
customer base.<br />
Ataya and Khalil’s vision and hard<br />
work have resulted in six successful<br />
funding rounds, with $50M in funding<br />
secured for the platform. <strong>The</strong> most<br />
significant milestone, however, was<br />
the acquisition of Mumzworld by Tamer<br />
Group in June 2021, a testament to the<br />
platform’s success.<br />
Mumzworld’s highest sales in<br />
2021 were proof of the platform’s<br />
exponential growth, especially in Saudi<br />
Arabia and the GCC. Ataya and Khalil’s<br />
entrepreneurial spirit and dedication<br />
to Mumzworld’s success have not only<br />
transformed the online marketplace for<br />
parents and children but also provided<br />
countless opportunities for small<br />
businesses in the region to showcase<br />
their products and services to a wider<br />
audience. <strong>The</strong> success of Mumzworld<br />
demonstrates the potential of womenled<br />
startups in the region and the<br />
importance of creating platforms<br />
that cater to the specific needs of the<br />
community.<br />
BitOsais<br />
Ola Doudin, the co-founder<br />
and CEO of BitOasis, is one<br />
of the successful women<br />
who entered the world of<br />
cryptocurrency. BitOasis, a crypto<br />
trading platform, has been successful<br />
in attracting investors and users alike,<br />
making it a force to be reckoned with<br />
in the industry.<br />
With a background in finance and<br />
accounting, Doudin has worked for<br />
several prominent companies, including<br />
EY, Fadi Ghandour, and Aramex, before<br />
taking the plunge and co-founding<br />
BitOasis with Daniel Robenek. <strong>The</strong><br />
platform has been a game-changer<br />
in the region, offering a secure and<br />
reliable way to buy, sell, and store<br />
cryptocurrencies. Since its inception,<br />
BitOasis has raised $30M in funding<br />
through six rounds as of October 2021.<br />
In the same year, the platform traded<br />
$1.7B, showing the increasing interest<br />
and acceptance of cryptocurrency in<br />
the Middle East.<br />
Doudin’s leadership has been critical<br />
in establishing BitOasis as a trusted and<br />
respected brand in the industry. Her<br />
vision has helped the platform expand<br />
its offerings, which now include a mobile<br />
app, a cold storage solution, and a fiat<br />
gateway. BitOasis has also partnered<br />
with leading financial institutions to<br />
enable users to deposit and withdraw<br />
funds.<br />
With Doudin at the helm, BitOasis has<br />
not only succeeded in growing its user<br />
base and attracting investments, but it<br />
has also been instrumental in driving the<br />
adoption of cryptocurrency in the region.<br />
In a world where cryptocurrencies are<br />
becoming increasingly popular, Doudin’s<br />
work with BitOasis is a remarkable<br />
example of how female entrepreneurs<br />
can successfully navigate new and<br />
uncharted territory.<br />
Ola Doudin,<br />
Co-founder and CEO of BitOasis<br />
<strong>March</strong> <strong>2023</strong> www.thefinanceworld.com 19