Inspired by the rash of spurious reports and images on all kinds of media outlets, three young entrepreneurs have launched Mapture, which time- and location-stamps user content.
At the 3rd Wharton MENA conference last weekend, panelists offered their advice for what it will take to unlock business potential in the Arab world.
Wamda spoke to the serial e-commerce entrepreneur about his new venture MENA Commerce, his successes and failures, and his crusade against cash-on-delivery.
The fund, founded and led by Dr. Abdulmalek Al-Jaber, seeks to "go beyond cash investment" to provide support and networks. Arabreneur, he says, is also looking to expand regionally.
The company asserted that it “is committed to the Egyptian market,” and that only several units have been shut down. “We have employees from other Intel business teams in Egypt,” the company said in a statement.