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Thursday, March 23, 2023

The UAE’s tech sector is still hiring, launching new startups and winning big contracts

The UAE’s tech sector is still hiring, launching new startups and winning big contracts

The startup scene in the UAE is still happening and those willing to take the plunge will find a relatively welcoming environment. Investors are willing to give their ambitions a chance to fly.

In 2022, proptech portals are having their big moment, while BNPL (buy now pay later) continue to attract a lot of support as they add new regional markets to their coverage. In Saudi Arabia, logistics-focused TruKKer has raised multiple funding rounds, playing nicely with their valuations — and possibly bringing them closer to listing?

New startups are popping up all the time. Dubai-based Alfii recently launched a SaaS platform for end-to-end HR workflow automation, targeting startups and SMEs. The company was founded by Yousef Albarqawi, Becky Jefferies and Dina Mohammad-Laity.

“We were 12 people from 11 countries,” Becky said. “We are a fully remote team and while many are based in the UAE, we have colleagues in the UK, Romania, Kyrgyzstan and Tunisia.

“The founders come from a background in tech and start-ups including Uber, Deliveroo, Talabat, Property Finder and more, while our CEO (Albarqawi) is a serial entrepreneur and has exited.

“We’ve secured a range of clients across the MENA region, as well as the UK, South Africa and the US, including some of the most prominent startups in Egypt, the UAE and Jordan.”

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