Tag: WAMDA

Can Collaborative Consumption Take Root in the Middle East and Turkey?

What sets the Middle East and Turkey apart from the U.S. and Europe is that people rarely share their apartments in order to meet new people or for ecological reasons. The main driver is purely cost saving (or profit-making), rather than a “quiet revolution.” While there are approximations of peer-to-peer accommodation platforms in the emerging…  Read more

Could a Sharing Economy Transform Saudi Arabia?

A region of the world that was historically renowned for sharing and trading goods and services without a medium of exchange now suffers one of the highest consumption (or I should say, over-consumption) rates in the world. It also has one of the largest carbon footprints in the world; Gulf states rank 1st, 4th, 6th and…  Read more

Does the sharing economy break the law? What’s different in the Arab world?

“For Martin Varsavsky, founder of Fon, legal issues interfere with the sharing economy in moments when you ‘want to share [things] that we realized are not really yours exactly the way you thought.’ For instance, he illustrates, you can’t really share the digital music that you own, because of laws and regulations. And sometimes, collaborative consumption…  Read more

WAMDA: Is The Arab World Ready for Collaborative Consumption?

“Wamda’s contributors have been torn about whether the Middle East is ready for a sharing economy- Ahmad Majid said that there are endless possibilities for sharing in Saudi Arabia, while Gulay Ozkan noted that sharing startups in the Middle East will have to innovate to mesh with local culture. Yet if you believe that a sharing economy is…  Read more

WAMDA: 7 Co-working Spaces in Cairo

“Tired of the corner coffee shop, many entrepreneurs in Cairo are choosing to join a coworking space to get their startup off the ground. There are now several in Cairo that offer a comfortable and flexible work environment with great internet, support services, and opportunities to network and collaborate.” – Ahmed Gabr, WAMDA. The trend…  Read more