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Mohammad Albalooshi

👤 Person
153 total appearances

Appearances Over Time

Podcast Appearances

Code Story: Insights from Startup Tech Leaders
Minting Unicorns - Blockchain, AI and Dubai, with Mohammad Albalooshi, CEO, DIFC Innovation Hub

It's a mix of many things. One is we want to make sure we have the best in class soft infrastructure. By that, I mean legal framework, the regulatory framework. I think for fintechs globally, I mean, getting a fintech regulator is not easy. The good thing that we have in our part of the world, the regulators are quite progressive and they've made it public as well.

Code Story: Insights from Startup Tech Leaders
Minting Unicorns - Blockchain, AI and Dubai, with Mohammad Albalooshi, CEO, DIFC Innovation Hub

So I think giving them a regulatory environment which is progressive and willing to work with startups is very important. Also, the physical environment is extremely important because at the end of the day, these are engineers, these are entrepreneurs. They want to work in an environment which is attractive and a bit more, as mentioned there, something that resonates with startups.

Code Story: Insights from Startup Tech Leaders
Minting Unicorns - Blockchain, AI and Dubai, with Mohammad Albalooshi, CEO, DIFC Innovation Hub

So I think giving them a regulatory environment which is progressive and willing to work with startups is very important. Also, the physical environment is extremely important because at the end of the day, these are engineers, these are entrepreneurs. They want to work in an environment which is attractive and a bit more, as mentioned there, something that resonates with startups.

Code Story: Insights from Startup Tech Leaders
Minting Unicorns - Blockchain, AI and Dubai, with Mohammad Albalooshi, CEO, DIFC Innovation Hub

So I think giving them a regulatory environment which is progressive and willing to work with startups is very important. Also, the physical environment is extremely important because at the end of the day, these are engineers, these are entrepreneurs. They want to work in an environment which is attractive and a bit more, as mentioned there, something that resonates with startups.

Code Story: Insights from Startup Tech Leaders
Minting Unicorns - Blockchain, AI and Dubai, with Mohammad Albalooshi, CEO, DIFC Innovation Hub

So Dubai, of course, does a great job in doing that. But I think more importantly for founders, the ability to attract talent. I think Dubai does a phenomenal job in terms of kind of making it as easy as possible for startups to set up shop. I mean, us at the IFC, it's... I would say one of the most easiest jurisdictions to kind of set up a startup and then to be able to actually operate.

Code Story: Insights from Startup Tech Leaders
Minting Unicorns - Blockchain, AI and Dubai, with Mohammad Albalooshi, CEO, DIFC Innovation Hub

So Dubai, of course, does a great job in doing that. But I think more importantly for founders, the ability to attract talent. I think Dubai does a phenomenal job in terms of kind of making it as easy as possible for startups to set up shop. I mean, us at the IFC, it's... I would say one of the most easiest jurisdictions to kind of set up a startup and then to be able to actually operate.

Code Story: Insights from Startup Tech Leaders
Minting Unicorns - Blockchain, AI and Dubai, with Mohammad Albalooshi, CEO, DIFC Innovation Hub

So Dubai, of course, does a great job in doing that. But I think more importantly for founders, the ability to attract talent. I think Dubai does a phenomenal job in terms of kind of making it as easy as possible for startups to set up shop. I mean, us at the IFC, it's... I would say one of the most easiest jurisdictions to kind of set up a startup and then to be able to actually operate.

Code Story: Insights from Startup Tech Leaders
Minting Unicorns - Blockchain, AI and Dubai, with Mohammad Albalooshi, CEO, DIFC Innovation Hub

So the time from setting up an entity and then to actually operating, getting your immigration done and getting your bank accounts done. I think all of that is provided as a one-stop shop. So that helps a lot. To elevate Dubai's position, we also try and focus a lot on the community and ecosystem development.

Code Story: Insights from Startup Tech Leaders
Minting Unicorns - Blockchain, AI and Dubai, with Mohammad Albalooshi, CEO, DIFC Innovation Hub

So the time from setting up an entity and then to actually operating, getting your immigration done and getting your bank accounts done. I think all of that is provided as a one-stop shop. So that helps a lot. To elevate Dubai's position, we also try and focus a lot on the community and ecosystem development.

Code Story: Insights from Startup Tech Leaders
Minting Unicorns - Blockchain, AI and Dubai, with Mohammad Albalooshi, CEO, DIFC Innovation Hub

So the time from setting up an entity and then to actually operating, getting your immigration done and getting your bank accounts done. I think all of that is provided as a one-stop shop. So that helps a lot. To elevate Dubai's position, we also try and focus a lot on the community and ecosystem development.

Code Story: Insights from Startup Tech Leaders
Minting Unicorns - Blockchain, AI and Dubai, with Mohammad Albalooshi, CEO, DIFC Innovation Hub

strategic partnerships with all the major hubs to enable cross-border collaboration for our startups that want to expand outside. But we also host major events. I mean, one of the main things that we do is the Dubai FinTech Summit, where we try and bring the global FinTech community to Dubai. And I think that really helps elevate Dubai's position as a FinTech hub and as a startup hub.

Code Story: Insights from Startup Tech Leaders
Minting Unicorns - Blockchain, AI and Dubai, with Mohammad Albalooshi, CEO, DIFC Innovation Hub

strategic partnerships with all the major hubs to enable cross-border collaboration for our startups that want to expand outside. But we also host major events. I mean, one of the main things that we do is the Dubai FinTech Summit, where we try and bring the global FinTech community to Dubai. And I think that really helps elevate Dubai's position as a FinTech hub and as a startup hub.

Code Story: Insights from Startup Tech Leaders
Minting Unicorns - Blockchain, AI and Dubai, with Mohammad Albalooshi, CEO, DIFC Innovation Hub

strategic partnerships with all the major hubs to enable cross-border collaboration for our startups that want to expand outside. But we also host major events. I mean, one of the main things that we do is the Dubai FinTech Summit, where we try and bring the global FinTech community to Dubai. And I think that really helps elevate Dubai's position as a FinTech hub and as a startup hub.

Code Story: Insights from Startup Tech Leaders
Minting Unicorns - Blockchain, AI and Dubai, with Mohammad Albalooshi, CEO, DIFC Innovation Hub

One thing that Dubai has made very clear from top down, from the government, it's very clear that we want to innovate. Every industry is trying to push the boundaries of innovation. So there's a lot of demand and willingness to innovate, which essentially what that means is the willingness to collaborate with startups.

Code Story: Insights from Startup Tech Leaders
Minting Unicorns - Blockchain, AI and Dubai, with Mohammad Albalooshi, CEO, DIFC Innovation Hub

One thing that Dubai has made very clear from top down, from the government, it's very clear that we want to innovate. Every industry is trying to push the boundaries of innovation. So there's a lot of demand and willingness to innovate, which essentially what that means is the willingness to collaborate with startups.

Code Story: Insights from Startup Tech Leaders
Minting Unicorns - Blockchain, AI and Dubai, with Mohammad Albalooshi, CEO, DIFC Innovation Hub

One thing that Dubai has made very clear from top down, from the government, it's very clear that we want to innovate. Every industry is trying to push the boundaries of innovation. So there's a lot of demand and willingness to innovate, which essentially what that means is the willingness to collaborate with startups.

Code Story: Insights from Startup Tech Leaders
Minting Unicorns - Blockchain, AI and Dubai, with Mohammad Albalooshi, CEO, DIFC Innovation Hub

A lot of startups actually want to work with other institutions, be it financial institutions or other conventional institutions. So I think for global startups, I would really urge them to look at Dubai because there's so much happening and there's so much demand for people who are looking for solutions. And we actually do this as well.

Code Story: Insights from Startup Tech Leaders
Minting Unicorns - Blockchain, AI and Dubai, with Mohammad Albalooshi, CEO, DIFC Innovation Hub

A lot of startups actually want to work with other institutions, be it financial institutions or other conventional institutions. So I think for global startups, I would really urge them to look at Dubai because there's so much happening and there's so much demand for people who are looking for solutions. And we actually do this as well.

Code Story: Insights from Startup Tech Leaders
Minting Unicorns - Blockchain, AI and Dubai, with Mohammad Albalooshi, CEO, DIFC Innovation Hub

A lot of startups actually want to work with other institutions, be it financial institutions or other conventional institutions. So I think for global startups, I would really urge them to look at Dubai because there's so much happening and there's so much demand for people who are looking for solutions. And we actually do this as well.

Code Story: Insights from Startup Tech Leaders
Minting Unicorns - Blockchain, AI and Dubai, with Mohammad Albalooshi, CEO, DIFC Innovation Hub

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