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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI

Riyada, Omantel back MIT Enterprise Forum Pan Arab startup competition

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The MIT Enterprise Forum (MIT EF) of the Pan Arab Region has announced the results of semi-finalists of the 11th edition of its competition. The MIT EF Arab startup competition, in partnership with Community Jameel, will be held in Oman on April 19.


Community Jameel, a social enterprise organisation that operates a wide range of initiatives to promote a positive society and economic sustainability, has been a founding partner for 10 consecutive years.


As local support and engagement in Oman is always very important, strategic partners this year include Riyada, the competition’s governmental backbone, and Omantel, the key contributor and supporter. Regionally, partners also include Zain Group, the competition’s digital partner.


This year’s edition, that was open for applications between September 3 and December 5, 2017, witnessed an impressive participation, with more than 5,300 applications including Saudi Arabia, which runs a parallel competition.


The submitted projects came from a variety of sectors, such as Internet services, software, education, healthcare and creative industries.


The semi-finalists hailed from 14 Arab countries, as follows: Lebanon (20), Egypt (14), the United Arab Emirates (10), Saudi Arabia (9), Jordan (7), Palestine (6), Morocco (4), Tunisia (6), Bahrain (2), Sudan (2), Kuwait (1), Qatar (1), Algeria (1), Oman (1).


All 84 teams will participate in pre-boot camps in February and March in Jordan, Lebanon, Egypt, and the United Arab Emirates.


Nine winning teams from the MIT EF Saudi Competition will be announced in March, and will be part of the list of the Pan Arab semifinalists.


For a complete list of semi-finalists and more information, visit: www.mitarabcompetition.com.


Said Salim al Shanfari, General Manager Marketing Communication and Performance at Omantel, said: “At Omantel, we believe that entrepreneurship and startups are the engines for the growth of the economy.


In fact, startups not only contribute to economic prosperity, but they are also innovation drivers and we share this passion, as Omantel is a company that is founded on a culture of innovation. We fully support this much-awaited Arab competition as it is fully aligned with our vision of enriching the world of our customers.”


Business Reporter -


MUSCAT, JAN 22 -


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