Tamkeen kicks off the Business Turnaround Program through cooperation with American Group “AIAC”

Tamkeen kicks off the Business Turnaround Program through cooperation with American Group “AIAC”

The Labour Fund (Tamkeen) signed a new strategic cooperation agreement with the American Industrial Acquisition Corporation (AIAC), a global organization specialized in company turnaround, mergers and acquisitions, private equity, and improving non-performing enterprises as well as enterprises that are performing below their full potential. AIAC brings decades of turnaround expertise and will provide advisory support as part of Tamkeen’s recently launched program Business Turnaround that aims to empower enterprises to transform their business models in response to major organizational, market, technology and financial challenges and opportunities. The Business Turnaround program is among the 16 programs Tamkeen launched recently as part of an organization-wide strategic transformation plan which focuses on creating greater impact for the national economy in response to market needs.

Kooora.com: the passion that turned into a deal worth over USD 25 million deal

Kooora.com: the passion that turned into a deal worth over USD 25 million deal

Did you ever think that you could potentially turn a hobby into a multi-million-dollar project?  It wasn’t very easy for Khalid A Doseri to imagine when he launched his website Kooora in 2002 as a sports platform that aggregated global sports news for the latest leagues and tournaments across different types of sports, with a focus on football. During the first few years Khalid managed the website entirely on his own and worked on building a solid foundation for the first dedicated sports platform in the middle east.