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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- Email: hassan@majlisandmarkets.com
Majlis & Markets
Episode 10-Accelerating Iraq's Startup Revolution
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In our 10th episode, we spoke to Matteo Mantovani, co-founder of Baly, an Iraq-based ride-hailing and super app.
Matteo has dedicated a significant portion of his career to Iraq's advancement, managing multimillion-dollar projects in Basra and overseeing critical infrastructure initiatives.
As a co-founder of Baly, Matteo has observed first-hand Iraq’s thriving entrepreneurial spirit.
In 2022, Baly secured $10.5 million in funding from a consortium of investors including Kingsway Capital and Majid Al Futtaim. This funding catapulted the start-up into prominence and marking a significant moment in Iraq's tech history, showcasing the potential of its emerging start-up ecosystem.
Topic discussed in this episode include:
- Matteo's background
- His journey to and work experience in Iraq
- Matteo's account (opportunities and challenges) of running a start-up in Iraq
Intro theme song-'Tales of the Arabian Nights' composed by StudioKolomna via Pixabay
