Perihan Abouzeid founded PeriCare, a start-up creating products for busy mothers, last year after becoming a working parent building and marketing tech businesses in the US, GCC and Europe.
The Egyptian co-founded and successfully exited digital content creation agency Qabila Media Productions in Cairo and MoviePigs, an entertainment platform serving the Arab diaspora in North America. Ms Abouzeid’s experience includes Google Ireland and Viu Middle East.
She recognised the struggles that mothers endure, especially when returning to work, prompting PeriCare’s flagship nursing pod where they can breastfeed babies.
Ms Abouzeid, 38, lives in Sharjah with her husband, a telecoms senior manager, and daughter Joud, now 18 months old.
Did you experience money growing up?
My dad was a military engineer in the armed forces. He lost his father when he was four, so grew up very conscious of money.
Mum was a housewife, from a wealthy family, and respectfully adopted his lifestyle.
I remember them telling me that dad’s salary when they first married was almost half of her allowance before she married. So, I grew up in a financially responsible household in Alexandria with a twin brother.
How did that impact you?
One was to manage the family budget when I was about eight. Dad would tell us: “Here’s an envelope that has all the money we spend on groceries for the month — if mummy wants to buy anything, she’s going to come to you.”
Another time they gave us our tuition fees to pay to school, to understand how important it is to carry money and be careful.
My parents also wanted us to be conscious of our spending.
How did you first earn?
While at high school, I played basketball and the sports club had a restaurant. I was the cashier and made 200 Egyptian pounds a month; not even $10 but I was happy.
I wanted to increase my income instead of relying on allowances for outings with friends and liked the fact that I was independent.
We didn’t grow up with luxuries, but we were well-educated, private schools and university.
Dad said we were his investment even though everybody around him would say he should put this money in the bank for us or invest in real estate. He said: “They’re my real estate, my two towers.”
I believe I started my entrepreneurial career maybe at five when I created short stories to sell to friends and family.
In grade seven, I made bracelets with names on them, selling them in school. I was able to buy a golden necklace. The funny thing is, I didn’t know or understand the word entrepreneurship.
What led you to Dubai?
My fiancee (now husband) was working here. I joined Viu in January 2020 and got married in March. Covid happened a couple of weeks later and we got stuck on honeymoon.
The wedding was in Cairo, honeymoon in Mexico. On the way back, we were flying through Istanbul to Cairo and then Dubai. Cairo shut its borders, the UAE decided not to accept expats, Bahrain wouldn’t take us, Turkey would not let us in.
Maldives was still open for tourists, so we booked a flight and ended up there for three months.
Did that prove costly?
It was not the normal rate, but still expensive. We’d already accumulated debt with the apartment, the wedding and our honeymoon, so we were way beyond our budget.
We came back with big worries. My husband was on unpaid leave, indefinitely, I was still on probation.
The more money you make, the more you spend anyway. When my salary was guaranteed, it was easier to spend on possessions.
Perihan Abouzeid,
founder of PeriCare
We made the decision not to do the maths so we were not depressed, but it was $15,000 to $20,000. Luckily, I was paid well, my husband got his job back. We started prioritising our debt and cutting back.
How did PeriCare happen?
I’ve always had that itch, I can’t see a problem and not do something about it. This one felt like a sense of responsibility.
I had my baby and for more than a year stayed with the company, pumping (expressing milk) in the toilet.
I realised how forgotten mothers are, especially working mothers, and then met my business partner who told me about an idea her company was working on … nursing pods.
I had cash I could invest in this business and the passion to create products that serve mothers.
Was leaving your salary a shock?
Definitely. In general, entrepreneurship and motherhood are extremely humbling.
I had to go back to the spreadsheet and see where I could cut … should I order that Starbucks every day?
I never hired a nanny. And we just moved to Sharjah; our Dubai landlord wanted to increase the rent by 67 per cent.
We’re now in a bigger house, paying less. I’m still not getting a salary from my company, but I’m making money consulting.
Did your spending habits evolve?
Especially after having a daughter … I think about her future and education.
Before, I was working full time making a very good salary. Now I feel a lot more comfortable with money; I feel I have more than then because there was debt to pay.
The more money you make, the more you spend anyway. When my salary was guaranteed, it was easier to spend on possessions.
I used to work in the film industry, go to red carpet events and thought I had to buy fancy dresses, bags, shoes which you wear once, impulse purchases I regret making.
Now I’m going to invest whatever extra I’m making, as opposed to spending on stuff.
How are you growing wealth?
We divide earnings into chunks; one for basic needs, a chunk for savings and a chunk for investments.
I put money into a couple of apps that allow investments here, like Sarwa and Stake (fractional property ownership).
We don’t save just cash, it’s either in gold or US dollars (forex).
What is your best investment?
My start-up Qabila. It was a small investment, bootstrapped, and we got bought out for good money.
I put it into another business that ultimately failed, but I was also doing my MBA so it paid part of the student debt.
Recently, a couple of stocks made good returns, bought when they were doing really bad and they recovered … Alibaba, I’ve made over 50 per cent.
Any other financial milestones?
It wouldn’t be the amount but I won an award and $25,000 for being best female entrepreneur in the Middle East in 2012.
That was the biggest milestone because it was for me, for being a female entrepreneur, validation in the very early days of entrepreneurship.
How do you view money?
I was never seeking money for the sake of having money. It always felt like a means to me.
Now, I feel richer, making less. I’m able to manage my business, take care of the house and my daughter, precious time, and I’m doing something I love.
I remind myself what really matters, that I don’t need to be like somebody else. I make decisions for me and others.
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Lexus LX700h specs
Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor
Power: 464hp at 5,200rpm
Torque: 790Nm from 2,000-3,600rpm
Transmission: 10-speed auto
Fuel consumption: 11.7L/100km
On sale: Now
Price: From Dh590,000
RESULT
Argentina 0 Croatia 3
Croatia: Rebic (53'), Modric (80'), Rakitic (90' 1)
UK-EU trade at a glance
EU fishing vessels guaranteed access to UK waters for 12 years
Co-operation on security initiatives and procurement of defence products
Youth experience scheme to work, study or volunteer in UK and EU countries
Smoother border management with use of e-gates
Cutting red tape on import and export of food
UAE currency: the story behind the money in your pockets
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World Cricket League Division 2
In Windhoek, Namibia - Top two teams qualify for the World Cup Qualifier in Zimbabwe, which starts on March 4.
UAE fixtures
Thursday February 8, v Kenya; Friday February 9, v Canada; Sunday February 11, v Nepal; Monday February 12, v Oman; Wednesday February 14, v Namibia; Thursday February 15, final
F1 The Movie
Starring: Brad Pitt, Damson Idris, Kerry Condon, Javier Bardem
Director: Joseph Kosinski
Rating: 4/5
Killing of Qassem Suleimani
The National's picks
4.35pm: Tilal Al Khalediah
5.10pm: Continous
5.45pm: Raging Torrent
6.20pm: West Acre
7pm: Flood Zone
7.40pm: Straight No Chaser
8.15pm: Romantic Warrior
8.50pm: Calandogan
9.30pm: Forever Young
Mohammed bin Zayed Majlis
Mohammed bin Zayed Majlis
Read more from Johann Chacko
Benefits of first-time home buyers' scheme
- Priority access to new homes from participating developers
- Discounts on sales price of off-plan units
- Flexible payment plans from developers
- Mortgages with better interest rates, faster approval times and reduced fees
- DLD registration fee can be paid through banks or credit cards at zero interest rates
COMPANY PROFILE
Name: Akeed
Based: Muscat
Launch year: 2018
Number of employees: 40
Sector: Online food delivery
Funding: Raised $3.2m since inception
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'Panga'
Directed by Ashwiny Iyer Tiwari
Starring Kangana Ranaut, Richa Chadha, Jassie Gill, Yagya Bhasin, Neena Gupta
Rating: 3.5/5
Specs
Engine: 51.5kW electric motor
Range: 400km
Power: 134bhp
Torque: 175Nm
Price: From Dh98,800
Available: Now
Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
- NBA-spec basketball court with auditorium
- 600-seat auditorium
- Spaces for historical and cultural exploration
- An elevated football field that doubles as a helipad
- Specialist robotics and science laboratories
- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills
UAE currency: the story behind the money in your pockets
At a glance
- 20,000 new jobs for Emiratis over three years
- Dh300 million set aside to train 18,000 jobseekers in new skills
- Managerial jobs in government restricted to Emiratis
- Emiratis to get priority for 160 types of job in private sector
- Portion of VAT revenues will fund more graduate programmes
- 8,000 Emirati graduates to do 6-12 month replacements in public or private sector on a Dh10,000 monthly wage - 40 per cent of which will be paid by government
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Ferrari 12Cilindri specs
Engine: naturally aspirated 6.5-liter V12
Power: 819hp
Torque: 678Nm at 7,250rpm
Price: From Dh1,700,000
Available: Now
Specs
Engine: Electric motor generating 54.2kWh (Cooper SE and Aceman SE), 64.6kW (Countryman All4 SE)
Power: 218hp (Cooper and Aceman), 313hp (Countryman)
Torque: 330Nm (Cooper and Aceman), 494Nm (Countryman)
On sale: Now
Price: From Dh158,000 (Cooper), Dh168,000 (Aceman), Dh190,000 (Countryman)
MOUNTAINHEAD REVIEW
Starring: Ramy Youssef, Steve Carell, Jason Schwartzman
Director: Jesse Armstrong
Rating: 3.5/5
The bio
Who inspires you?
I am in awe of the remarkable women in the Arab region, both big and small, pushing boundaries and becoming role models for generations. Emily Nasrallah was a writer, journalist, teacher and women’s rights activist
How do you relax?
Yoga relaxes me and helps me relieve tension, especially now when we’re practically chained to laptops and desks. I enjoy learning more about music and the history of famous music bands and genres.
What is favourite book?
The Perks of Being a Wallflower - I think I've read it more than 7 times
What is your favourite Arabic film?
Hala2 Lawen (Translation: Where Do We Go Now?) by Nadine Labaki
What is favourite English film?
Mamma Mia
Best piece of advice to someone looking for a career at Google?
If you’re interested in a career at Google, deep dive into the different career paths and pinpoint the space you want to join. When you know your space, you’re likely to identify the skills you need to develop.
UAE v Gibraltar
What: International friendly
When: 7pm kick off
Where: Rugby Park, Dubai Sports City
Admission: Free
Online: The match will be broadcast live on Dubai Exiles’ Facebook page
UAE squad: Lucas Waddington (Dubai Exiles), Gio Fourie (Exiles), Craig Nutt (Abu Dhabi Harlequins), Phil Brady (Harlequins), Daniel Perry (Dubai Hurricanes), Esekaia Dranibota (Harlequins), Matt Mills (Exiles), Jaen Botes (Exiles), Kristian Stinson (Exiles), Murray Reason (Abu Dhabi Saracens), Dave Knight (Hurricanes), Ross Samson (Jebel Ali Dragons), DuRandt Gerber (Exiles), Saki Naisau (Dragons), Andrew Powell (Hurricanes), Emosi Vacanau (Harlequins), Niko Volavola (Dragons), Matt Richards (Dragons), Luke Stevenson (Harlequins), Josh Ives (Dubai Sports City Eagles), Sean Stevens (Saracens), Thinus Steyn (Exiles)
Getting there
The flights
Flydubai operates up to seven flights a week to Helsinki. Return fares to Helsinki from Dubai start from Dh1,545 in Economy and Dh7,560 in Business Class.
The stay
Golden Crown Igloos in Levi offer stays from Dh1,215 per person per night for a superior igloo; www.leviniglut.net
Panorama Hotel in Levi is conveniently located at the top of Levi fell, a short walk from the gondola. Stays start from Dh292 per night based on two people sharing; www. golevi.fi/en/accommodation/hotel-levi-panorama
Arctic Treehouse Hotel in Rovaniemi offers stays from Dh1,379 per night based on two people sharing; www.arctictreehousehotel.com
The Sand Castle
Director: Matty Brown
Stars: Nadine Labaki, Ziad Bakri, Zain Al Rafeea, Riman Al Rafeea
Rating: 2.5/5
ELIO
Starring: Yonas Kibreab, Zoe Saldana, Brad Garrett
Directors: Madeline Sharafian, Domee Shi, Adrian Molina
Rating: 4/5
Need to know
The flights: Flydubai flies from Dubai to Kilimanjaro airport via Dar es Salaam from Dh1,619 return including taxes. The trip takes 8 hours.
The trek: Make sure that whatever tour company you select to climb Kilimanjaro, that it is a reputable one. The way to climb successfully would be with experienced guides and porters, from a company committed to quality, safety and an ethical approach to the mountain and its staff. Sonia Nazareth booked a VIP package through Safari Africa. The tour works out to $4,775 (Dh17,538) per person, based on a 4-person booking scheme, for 9 nights on the mountain (including one night before and after the trek at Arusha). The price includes all meals, a head guide, an assistant guide for every 2 trekkers, porters to carry the luggage, a cook and kitchen staff, a dining and mess tent, a sleeping tent set up for 2 persons, a chemical toilet and park entrance fees. The tiny ration of heated water provided for our bath in our makeshift private bathroom stall was the greatest luxury. A standard package, also based on a 4-person booking, works out to $3,050 (Dh11,202) per person.
When to go: You can climb Kili at any time of year, but the best months to ascend are January-February and September-October. Also good are July and August, if you’re tolerant of the colder weather that winter brings.
Do not underestimate the importance of kit. Even if you’re travelling at a relatively pleasant time, be geared up for the cold and the rain.
KILLING OF QASSEM SULEIMANI
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Sole survivors
- Cecelia Crocker was on board Northwest Airlines Flight 255 in 1987 when it crashed in Detroit, killing 154 people, including her parents and brother. The plane had hit a light pole on take off
- George Lamson Jr, from Minnesota, was on a Galaxy Airlines flight that crashed in Reno in 1985, killing 68 people. His entire seat was launched out of the plane
- Bahia Bakari, then 12, survived when a Yemenia Airways flight crashed near the Comoros in 2009, killing 152. She was found clinging to wreckage after floating in the ocean for 13 hours.
- Jim Polehinke was the co-pilot and sole survivor of a 2006 Comair flight that crashed in Lexington, Kentucky, killing 49.
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UAE%20Warriors%2033%20Results
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The specs
Engine: 4.0-litre flat-six
Torque: 450Nm at 6,100rpm
Transmission: 7-speed PDK auto or 6-speed manual
Fuel economy, combined: 13.8L/100km
On sale: Available to order now
From Conquest to Deportation
Jeronim Perovic, Hurst
UAE Falcons
Carly Lewis (captain), Emily Fensome, Kelly Loy, Isabel Affley, Jessica Cronin, Jemma Eley, Jenna Guy, Kate Lewis, Megan Polley, Charlie Preston, Becki Quigley and Sophie Siffre. Deb Jones and Lucia Sdao – coach and assistant coach.
Breast cancer in men: the facts
1) Breast cancer is men is rare but can develop rapidly. It usually occurs in those over the ages of 60, but can occasionally affect younger men.
2) Symptoms can include a lump, discharge, swollen glands or a rash.
3) People with a history of cancer in the family can be more susceptible.
4) Treatments include surgery and chemotherapy but early diagnosis is the key.
5) Anyone concerned is urged to contact their doctor
What can victims do?
Always use only regulated platforms
Stop all transactions and communication on suspicion
Save all evidence (screenshots, chat logs, transaction IDs)
Report to local authorities
Warn others to prevent further harm
Courtesy: Crystal Intelligence
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PRIMERA LIGA FIXTURES
All times UAE ( 4 GMT)
Saturday
Atletico Madrid v Sevilla (3pm)
Alaves v Real Madrid (6.15pm)
Malaga v Athletic Bilbao (8.30pm)
Girona v Barcelona (10.45pm)
Sunday
Espanyol v Deportivo la Coruna (2pm)
Getafe v Villarreal (6.15pm)
Eibar v Celta Vigo (8.30pm)
Las Palmas v Leganes (8.30pm)
Real Sociedad v Valencia (10.45pm)
Monday
Real Betis v Levante (11.pm)
Gully Boy
Director: Zoya Akhtar
Producer: Excel Entertainment & Tiger Baby
Cast: Ranveer Singh, Alia Bhatt, Kalki Koechlin, Siddhant Chaturvedi
Rating: 4/5 stars
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Results
6.30pm: The Madjani Stakes (PA) Group 3 Dh175,000 (Dirt) 1,900m
Winner: Aatebat Al Khalediah, Fernando Jara (jockey), Ali Rashid Al Raihe (trainer).
7.05pm: Maiden (TB) Dh165,000 (D) 1,400m
Winner: Down On Da Bayou, Royston Ffrench, Salem bin Ghadayer.
7.40pm: Maiden (TB) Dh165,000 (D) 1,600m
Winner: Dubai Avenue, Fernando Jara, Ali Rashid Al Raihe.
8.15pm: Handicap (TB) Dh190,000 (D) 1,200m
Winner: My Catch, Pat Dobbs, Doug Watson.
8.50pm: Dubai Creek Mile (TB) Listed Dh265,000 (D) 1,600m
Winner: Secret Ambition, Tadhg O’Shea, Satish Seemar.
9.25pm: Handicap (TB) Dh190,000 (D) 1,600m
Winner: Golden Goal, Pat Dobbs, Doug Watson.
The five pillars of Islam
The specs
Engine: 1.5-litre turbo
Power: 181hp
Torque: 230Nm
Transmission: 6-speed automatic
Starting price: Dh79,000
On sale: Now
