While the city of Alexandria in Egypt saw a major regional tech innovation and entrepreneurship conference take place last weekend, the country’s government officials were laying the foundation for nurturing innovation ecosystems beyond the capital city Cairo. Egypt’s Minister of Communications and Information Technology, Yasser ElKady, signed an MoU to develop a national project to spread technology parks outside…
The Dubai Chamber of Commerce and Industry and IBM, under the umbrella of the Dubai Smart City initiative, recently launched the DubaiStartupHub, an online platform on IBM Cloud to support Dubai’s technology and startup ecosystem and provide integrated services and information. It offers a comprehensive search portal with a database and profile of Dubai-based tech…
Sharjah – The Arab Union for Entrepreneurship has elected Sheikh Tariq bin Faisal Al Qassimi as its new chairman for the upcoming term. Entrepreneurship is an integral part of the national economic cycle due to its role in providing numerous and diverse job opportunities for youth, and Sheikh Tariq Al Qassimi, who has extensive experience…
In a recently published book about entrepreneurship in Egypt, it highlighted how Egypt has always been a place for new ideas and inventions, but very few of them had seen the light. It also said that entrepreneurs from cities outside the capital were often forced to constantly travel to and from Cairo to meet clients,…
Dubai, UAE: Prominent Young Presidents’ Organization (YPO) members and influential regional business leaders engaged in a Twitter discussion last night offering their business confidence and economic outlook for the Middle East and North Africa. The business leaders highlighted the importance of innovation and inclusive growth as well as the potential for creating a vibrant entrepreneurial…
A start-up in the United Arab Emirates has launched a line of ice creams made with whey protein. The Dubai-based company, called Whey2go, said the ice cream is produced “using 100 per cent natural ingredients” and contains high amounts of protein. Sugar has been replaced with a natural sweetener called xylitol. It is currently available…
Orange is launching the Entrepreneur Club, a new space for information in French and English devoted to entrepreneurs in Africa and the Middle East. The website (entrepreneurclub.orange) is a source of information for entrepreneurs that puts them in touch with a variety of instruments from Orange that support entrepreneurship. The Entrepreneur Club also provides practical…
Here are a few fun facts about the Middle East that I bet you haven’t seen on the news: Did you know that the Amazon of the Middle East, Souq.com, just raised global venture capital at a valuation of over $1 billion, or that the largest food-delivery service in Turkey, Dubai and beyond, Yemeksepeti, was…
Saudi Arabia has formally launched a new ICT startup ventures fund worth 500 million SAR, or about $133 million. Known as Riyadh Taqnia Capital, the fund was announced personally by Prince Dr. Turki bin Saud bin Muhammad of KACST, the King Abdulaziz City for Science and Technology. Partners will include Riyadh Financial Capital and several other Saudi holding…
JEDDAH: An increasing number of women in Saudi Arabia have begun to achieve tremendous success in the entrepreneurial field, tackling big businesses and male-dominated industries to make their unique mark on the economy. In light of recent increases in female-friendly business opportunities, several female entrepreneurs have shown that they are both willing and able to…