LEADING ARABIA'S HIGH-IMPACT ENTREPRENEURS
Fortune US|August - September 2023
Lateefa Al Waalan has always had a good eye for an emerging business opportunity. At the age of 16, she founded her first startup, an online directory. Later, after spotting a gap in the Middle Eastern beverage market, she began massproducing Arabic coffee blends and launched the world's first automated Arabic coffee machine.
LEADING ARABIA'S HIGH-IMPACT ENTREPRENEURS

Today, as managing director of Endeavor Saudi, she is helping other entrepreneurs overcome challenges, scale their businesses, and make a positive impact on local economies. After a rigorous selection process, entrepreneurs with high potential for growth and impact join Endeavor's global network of entrepreneurs. They are then supported in their growth journey and encouraged to give back to others.

"Entrepreneurs need close relationships with mentors," she says. "They must be careful not to isolate themselves. We want to help Saudi entrepreneurs scale up, get access to capital and markets, create high-quality jobs, and increase their social and economic impact."

Lateefa ascribes much of the success of her coffee business, Yatooq, to the contribution of supportive mentors such as the privately funded NGO, Endeavor. A natural-born connector, before she sold Yatooq, she co-founded an NGO called CellA+ to help Saudi businesswomen network, build relationships, and exchange opportunities.

"Female empowerment is something I have always been passionate about," she says. "Ten years ago, it was not so easy to be a woman in business in Saudi Arabia. Now, the opportunities for women are endless and many of the social barriers have come down."

As a previous beneficiary of support from Endeavor, and the winner of two Entrepreneur of the Year awards, Lateefa knows how important it is to have access to a large network of experienced mentors.

"As someone who has started and scaled businesses, being able to support other entrepreneurs resonates with me. In this role, I can help other startups and give back to Saudi society."

An experienced entrepreneur with firsthand knowledge of all the challenges of starting a business, Lateefa Al Waalan is a leading figure in Saudi Arabia's fast-growing private sector.

Denne historien er fra August - September 2023-utgaven av Fortune US.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra August - September 2023-utgaven av Fortune US.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA FORTUNE USSe alt
Norway's Nicolai Tangen Runs the World's Biggest Sovereign Fund. Can He Leverage its Assets to Change Business for the Better? - Nicolai Tangen, the Norwegian founder of London hedge fund AKO Capital, was picked by Norway's central bank to be the next CEO of its gargantuan oil-and-gas-financed investment fund, whose value had soared above $1 trillion.
Fortune US

Norway's Nicolai Tangen Runs the World's Biggest Sovereign Fund. Can He Leverage its Assets to Change Business for the Better? - Nicolai Tangen, the Norwegian founder of London hedge fund AKO Capital, was picked by Norway's central bank to be the next CEO of its gargantuan oil-and-gas-financed investment fund, whose value had soared above $1 trillion.

Oslo, with its neatly painted houses and serene waterfront, is not known for high drama. But in 2020, Norway’s capital erupted in controversy over one spectacularly wealthy investor, a splashy event in Philadelphia—and the biggest sovereign wealth fund on the planet.

time-read
7 mins  |
August - September 2024
KKR's $1 trillion gamble
Fortune US

KKR's $1 trillion gamble

The co-CEOs of KKR have a radical strategy to supercharge growth—and chart a path far different from that of their mentors Kravis and Roberts.

time-read
10+ mins  |
DEEP DIVES: Special Digital Issue
Inside one of Silicon Valley's most mysterious venture capital funds
Fortune US

Inside one of Silicon Valley's most mysterious venture capital funds

Iconiq Growth, which has long avoided the spotlight, recently closed a $5.8 billion startup war chest.

time-read
10 mins  |
DEEP DIVES: Special Digital Issue
The rise and fall of Jump Crypto
Fortune US

The rise and fall of Jump Crypto

A secretive trading firm got itself a crypto arm and a 25-year-old whiz kid to run it. Then came the $40 billion Terra disaster.

time-read
10+ mins  |
DEEP DIVES: Special Digital Issue
The troubled Tyson heir
Fortune US

The troubled Tyson heir

The youngest Fortune 500 CFO was set up to run his family’s $21 billion chicken empire. His erratic behavior could change that.

time-read
10+ mins  |
DEEP DIVES: Special Digital Issue
The startups betting you can quit GLP-1s and stay thin
Fortune US

The startups betting you can quit GLP-1s and stay thin

Some weight-loss companies are marketing Ozempic and Wegovy as a short-term holy grail. Doctors say it doesn't work that way.

time-read
10+ mins  |
DEEP DIVES: Special Digital Issue
The Amazon Way has its midlife crisis
Fortune US

The Amazon Way has its midlife crisis

Jeff Bezos’s famed management rules are slowly unraveling inside Amazon. Can they survive the Andy Jassy era?

time-read
10+ mins  |
DEEP DIVES: Special Digital Issue
Tech AI's Hidden Biases May Be Influencing What You Think. Here's What Should Be Done to Stop It - In less than two years, artificial intelligence has radically changed how many people write and find information.
Fortune US

Tech AI's Hidden Biases May Be Influencing What You Think. Here's What Should Be Done to Stop It - In less than two years, artificial intelligence has radically changed how many people write and find information.

In less than two years, artificial intelligence has radically changed how many people write and find information. While searching for details about Supreme Court precedent or polishing a college essay, millions seek help from AI chatbots like OpenAI's ChatGPT or Anthropic's Claude.In his newly published book, Mastering AI: A Survival Guide to Our Superpowered Future, Fortune AI editor Jeremy Kahn explores this new tech-infused reality and what should be done to avert the inevitable pitfalls. In the following excerpt, he focuses on the little-recognized problem of subtle bias in AI and the potentially profound influence it can have on what users believe.

time-read
3 mins  |
August - September 2024
A Return of the Entrepreneurial Spirit- As Japan finally emerges from a long period of slow growth, soy sauce producer Kikkoman continues its global advance.
Fortune US

A Return of the Entrepreneurial Spirit- As Japan finally emerges from a long period of slow growth, soy sauce producer Kikkoman continues its global advance.

In February 2024, the Nikkei Stock Average in Japan surpassed the record high that it set in 1990. To some, this peak signified that the country could finally put the "lost decades" of deflation and anemic growth behind. Yuzaburo Mogi, honorary CEO and chairman of the board of Kikkoman, is cautiously optimistic about this milestone. With a generational shift in motion, he sees Japan's leadership regaining some of its old dynamism and entrepreneurial spirit.

time-read
2 mins  |
August - September 2024
The AI Hangover- For thirty-five years, Fortune has been tracking the world's largest companies in our Global 500 ranking.
Fortune US

The AI Hangover- For thirty-five years, Fortune has been tracking the world's largest companies in our Global 500 ranking.

For thirty-five years, Fortune has been tracking the world's largest companies in our Global 500 ranking. We recently sat down with the head of Sequoia Capital, Roelof Botha, at our Brainstorm Tech conference in Park City, Utah, and at greater length for this issue's cover story. As he told Fortune's Michal Lev-Ram: "Winning isn't everything, it's the only thing." To learn how he's guiding the firm to sort winners from losers amid the noise and hype, see page 60.

time-read
2 mins  |
August - September 2024