Hosam Arab is a known name in the UAE’s entrepreneurial space. He cofounded online fashion retailer Namshi in 2011, and following its strong growth, was fully acquired by retail giant Emaar Malls in 2019 – the same year that Arab stepped down as its CEO.
He then founded the buy-now-pay-later platform tabby in 2019. The fintech startup announced in December that it had raised $23m in a Series A funding round to fuel the company’s next stage of growth and scale its capabilities. The investment came following a $7m round in June 2020, which Arab said will be used to launch and expand the startup in the Saudi Arabian market.
