May 9, 2021 8 min read Opinions expressed by
You re reading Entrepreneur Middle East, an international franchise of Entrepreneur Media.
Accor is placing its bets on the lifestyle category over the next few years, with the number of its lifestyle hotel openings expected to triple by 2023. To top that, Accor’s lifestyle segment currently accounts for roughly 5% of the group’s annual revenue, while representing 25% of the company’s development pipeline by value. A recently announced joint venture with Ennismore, expected to close in the second quarter of 2021, will only add to Accor’s lifestyle muscle. Once complete, the deal will bring together a portfolio of lifestyle brands, including The Hoxton, Gleneagles, Delano, SLS, Mondrian, SO/, Hyde, Mama Shelter, 25h, 21c Museum Hotels, TRIBE, JO&JOE, and Working From .
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You re reading Entrepreneur Middle East, an international franchise of Entrepreneur Media.
The world economy is still reeling from the effects of COVID-19, and in the Middle East, governments have launched funding programs for small businesses, while regional financial institutions and entities are rallying in support of the business community with various programs and initiatives. While no one has given a definite view of how the business landscape will look like post pandemic, experts have concluded that adopting circular economy strategies might be one of the best ways to ensure business recovery.
The
2020 Global Circularity Report suggests that only 8.6% of the world economy is circular. This figure compels us to think about our consumption habits, which have now drastically changed, providing us with an opportunity -on a silver platter- to give circular economy a chance to flourish.
You re reading Entrepreneur Middle East, an international franchise of Entrepreneur Media.
Mawidy, a Saudi Arabia-headquartered healthtech firm, recently concluded a seed investment round led by angel investors based in Saudi Arabia as well as the UAE.
Launched as an app-based platform in early 2020, Mawidy aims to make use of artificial intelligence and other technological advancements to tackle the many challenges being faced by the healthcare sector currently. With services such as online appointments, homecare, telemedicine, as well as online psychology and therapy sessions which fall under the purview of the National Center for Mental Health in Saudi Arabia, the healthtech firm currently provides services from over 1,000 doctors and health practitioners who are specialists in more than 30 medical areas.
The CEO of Bank al Etihad, who was recently elected to be the Chairwoman of the Board of Directors at Endeavor Jordan, is eager to help boost her country's startup ecosystem.
This Entrepreneur Middle East Live webinar on Monday, May 10, 2021 at 10.30am(UAE) will see the winners of the international competition seeking designs for the rehabilitation of the historic Al-Nouri Complex in Mosul, Iraq, come together with the key stakeholders behind the initiative for an online discussion on how the winning design will "Revive The Spirit Of Mosul."