Revolutionizing Storage Solutions in the MENA Region: How Cargoz is Leading the Way
Warehousing plays a crucial role in the supply chain, ensuring smooth operations for businesses across the Middle East and North Africa (MENA) region. In this landscape, CargoZ emerges as a pivotal platform transforming and enhancing the warehousing industry in the area. CargoZ isn’t just your average marketplace for warehousing solutions; it’s a game-changer in the […]
E-commerce Takes Flight in MENA
The Middle East and North Africa (MENA) region is witnessing a digital revolution, with one industry leading the charge: e-commerce. With a projected market size of USD 214 billion by 2025, e-commerce is not only the hottest industry in MENA, but also holds immense potential for future growth. Why the E-commerce Boom? Several factors contribute […]
Maximizing Start-Up Success: The Nama Ventures Approach
In the dynamic world of start-ups, where innovation meets opportunity, understanding and selecting the right business model is crucial for success. From peer-to-peer lending to subscription services, the landscape is vast, with each model offering unique benefits and challenges. This article delves into the pivotal role of Nama Ventures, a venture capital firm that stands […]
The 3 Most Important Matters in Accounting that Tech Startups Need to Understand
It’s no secret that the world of technology startups moves fast. But amidst the whirlwind of innovation and rapid growth, it’s crucial not to neglect the foundational aspects of your business – one of which is accounting. While the numbers might not seem as exciting as your groundbreaking product, a solid grasp of key accounting […]
Saudi Arabia: A Fertile Ground for Tech Innovation
The Saudi Arabian startup ecosystem is experiencing a period of rapid growth, fueled by a surge in government support, a vibrant tech market, and a blossoming pool of talented entrepreneurs. At the heart of this burgeoning renaissance lies Nama Ventures, a premier venture capital firm dedicated to nurturing and propelling tech innovation within the Kingdom. […]
Tech, Adoption, and Monetization: TAM for Startups
In the exciting world of startups, it’s crucial to understand the potential your venture holds in the market. A critical tool to gauge this potential is Total Addressable Market (TAM). This article will provide an overview of TAM, its importance to startups, and how to calculate it. What is Total Addressable Market (TAM)? Total Addressable […]
Ideal Tech Startups Chart of Accounts
Introduction A chart of accounts is a list of all the accounts that a company uses to record its financial transactions. It is an essential tool for tracking income and expenses, and for generating financial reports. The ideal chart of accounts for a tech startup will vary depending on the specific business model and industry. […]
10 Mistakes Founders Make When Dealing With Their Startup’s Accounting
Starting a new startup is an exciting time, but it can also be overwhelming. There are so many things to do, and it’s easy to overlook the importance of good accounting. However, making mistakes in your startup’s accounting can have serious consequences, such as: * Getting audited by the regulators * Missing out on […]
How Saudi Arabia’s Startup Funding Escalated in 2022
Saudi Arabia’s startup ecosystem has seen a tremendous growth in funding in 2022, with over $1.2 billion of venture, corporate and equity funding going to Saudi startups. This represents a 20x growth in just five years, with the average deal size in Saudi growing substantially to over $20 million per deal in 2022. This impressive […]
Venture Capital in Egypt: A Booming Ecosystem for Startups
Egypt’s burgeoning tech scene has become a hotbed for venture capital investments, with both local and foreign investors flocking to the region to support innovative startups. The country’s vast population of 100 million, 80% of whom are under 40, provides a vast market for companies to target, making it an attractive destination for investors looking […]