Majlis & Markets
Welcome to Majlis & Markets, the podcast showcasing the Global Islamic Economy through storytelling and insightful conversations. 🌐💬
Join us as we explore the intersection of culture, capital and commerce. We sit down with industry leaders, founders and investors to break down the trends shaping Islamic finance and global markets.
What we explore:
- Islamic Finance: The ethics, products and strategies driving the sector.
- Global Markets: Financial and macro trends across the Middle East and beyond.
- Venture Capital: The future of funding, innovation and Shariah-compliant start-ups.
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Majlis & Markets
Episode 4-Navigating Iraq's emerging tech ecosystem
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Unlike other countries in the region, Iraq does not have a thriving start-up ecosystem and largely goes unnoticed by most regional or international venture capital investors.
However, an increase in new start-ups, an improving political and security environment as well as an improving economy could change this in the coming years.
The year 2022 was the biggest year for funding in Iraq's start-up ecosystem, with over $18 million being deployed, according to Magnitt, a Dubai-based data platform on MENA start-ups.
In our fourth episode, we spoke to Mohammed Khudairi, the Managing Partner of Khudairi Group, a family holding company operating businesses in the US, Europe and the Middle East.
He is also General Partner of Iraq Venture Partners, a Baghdad based early-stage venture capital firm. Mohammed is also the co-founder of Iraq Tech Ventures, an early-stage investment firm.
In this episode we touch on several points including:
- Why Iraq should be considered a tech ecosystem
- The opportunities within Iraq's emerging start-up ecosystem
- Specific challenges and risks facing start-up founders, users and investors
- The future outlook for Iraq's start-up scene
Intro theme song-'Tales of the Arabian Nights' composed by StudioKolomna via Pixabay