Entrepreneurship

UAE-based entrepreneurs step into the spotlight

Long outshone by start-up founders from places such as Silicon Valley, some entrepreneurs working in the UAE are now being recognised for their influence across the Middle East and North Africa (Mena) region

Next Tuesday in New York City, the former US president Bill Clinton is set to host the annual Hult Prize, which awards US$1 million to launch a business conceived by social entrepreneurs that best attempts to solve a global problem.

But Mr Clinton will not be judging the finalists. That particular responsibility will be left up to a panel of just five judges, including Muhammad Yunus, the Bangladeshi economist who won a Nobel Peace prize for pioneering microfinance, Sanjay Gupta, an anchor for CNN, as well as Fadi Ghandour, the founder and vice chairman of the Jordan-based logistics company Aramex