Rashit Makhat, Director of Scalo Technologies, outlines six essential strategies for startups in the UAE and MENA region to scale successfully and achieve global recognition. Focusing on deep market understanding, niche differentiation, strong teams, agility, technology investment, and adaptability will help startups thrive in a competitive, dynamic landscape.
Qme, an AI-driven platform from Egypt, raised $3 million in seed funding to revolutionize queuing and appointment booking systems in MENA. With its partnership with AHOY, Qme has already improved efficiency for over 100,000 customers, reducing waiting times and no-show rates. The funding will enhance technology and expand its reach.
Smpl Fund I has invested USD 250K in multiple AI and tech companies within the Qora71 portfolio, supporting the growth of the MENA tech ecosystem. The USD 10 million venture fund aims to foster AI innovation and provide seed capital to emerging startups in the region.
The RiseUP Summit, in partnership with Misr Italia, will showcase AI innovation and foster collaboration among industry leaders, startups, and tech investors. The event, highlighting AI’s impact across sectors like real estate, will feature keynotes, workshops, and product demos, with participation from global tech giants such as Google and Microsoft.
