Musings on tech and more from a cafe in the Middle East
Almost a decade ago I worked on what, at the time, was called an eBusiness Strategy for a telecommunications company in the GCC, and one of the our most exciting findings was the potential the web had on integrating women into the workforce in some of the more conservative societies. Our findings, while interesting, never did match the reality on the ground. That's not to say that there aren't female entrepreneurs in the region. In fact a member of the founding team at Bayt, one of the most successful start-ups...
In 2007 Mubadala, one of the sovereign investment vehicles of Abu Dhabi, became the largest shareholder in AMDafter an investment totaling $622 Million. Their current holding in AMD stands at some 20%. One would expect a substantial presence of AMD in the UAE and, while it established an office in Dubai, their regional operations did not seem to extend beyond the basic sales and marketing operations. However, the relationship between the two entities continues to grow. In 2009, the companies invested in Globalfoundries...