“Because there aren’t as many venture capitalists in the Middle East, there’s a low level of competition. Their terms are not as good, because they know they’re the only ones around.”
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The applications for start-up ideas are open until the first week of November, when 10 ideas are to be selected and go through a weekend-long training process.
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The Dubai-based digital media company Intigral is looking to expand its footprint with plans to work with up to 16 telecoms operators across the Middle East and North Africa (Mena) by the end of the year.
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