Young Arab Entrepreneurs set to compete at annual INJAZ Al-Arab regional competition 2011
Source: BI-ME , Author: Posted by BI-ME staff
Posted: Wed October 5, 2011 9:01 pm

UAE. INJAZ Al-Arab will host the 5th chapter of the annual INJAZ Al-Arab Young Arab Entrepreneurs Competition in Amman, Jordan between October 18th to 20th 2011.

The competition will see students from across the region battle it out for the highly coveted ‘Best Company of the Year Award’ before their peers and a panel of high-profile judges.

The regional competition follows the completion of individual country rounds and closes four months of training in work readiness, financial literacy and entrepreneurship. Teams from Kuwait, UAE, Bahrain, Oman, Saudi Arabia, Qatar, Jordan, Palestine, Lebanon, Egypt, Morocco, and Yemen will be represented.

Commenting on the upcoming competition Soraya Salti, INJAZ Al-Arab Regional Director and Junior Achievement Senior Vice President MENA said, “This event provides students with an opportunity to learn about and gain an understanding of the real-life processes for establishing a business in a safe environment. With youth unemployment in the Arab world set to remain high in the coming years’ educators, governments and the private sector need assist by tackling the issue with both theoretical and practical experiences. Through the INJAZ Al-Arab Young Arab Entrepreneurs Competition students gain access to both.

As part of the competition judging process students are required to reports on the real life challenges of running their businesses in addition to submitting a presentation on their product innovation before a panel judges and other contestants. This year Magdi Amin, Abdul Aziz Al-Yaqout, Ahmad Shuqairi and INJAZ Al-Arab board members will form part of the judging committee.

“For the past five years the INJAZ Al-Arab Young Arab Entrepreneurs Competition has acted as an effective medium for students of diverse cultures to interact with peers and professionals throughout the Arab world. The competition’s success is evident in its rapid development and we are excited to welcome this year’s contestants” added Soraya Salti, INJAZ Al-Arab Regional Director and Junior Achievement Senior Vice President MENA.

“The world economic crisis has stimulated a record increase in youth unemployment in the MENA region making it one of the biggest challenges facing governments and society. INJAZ Al-Arab) strives to create opportunities which work to combat this problem by recognizing the importance of self employment as a career option, and by teaching practical business and economic courses,” commented Ahmad Shuqairi.
 
The competition comprises of several socially engaging endeavours aimed at both students and mentors. The competition will end with an exclusive gala dinner during which the students’ products and services are evaluated by judges in the areas of marketing, planning, management and environmental concern.

“INJAZ Al-Arab programs seek to prepare students for real world challenges and assist them become tomorrow’s leaders. This year’s competition is a testament to all the hard work and efforts of the students over the last six months. At the national level we saw incredible talents come together and showcase their skills and entrepreneurial start ups. We now look forward to the penultimate round and wish all students the best of luck.” Salti added.

The competition emerged in Amman, Jordan in 2007 under the patronage of HM Queen Rania of Jordan and was reproduced the following year in Oman and subsequently in Lebanon then Morocco, corroborating the success of the initial event.

Bahrain
Triple R
Triple R is a company specializing in collecting recycled wooden frames and transforming them into trays which could be used in serving. The Company was established in September 2010 as a student company participating Injaz Bahrain Company program with the aim of preserving the environment, and using environmental friendly approaches.

Egypt
Ecohusk
Ecohusk® is a sustainable business initiative that aims to design and produce a range of products from rice husks. Rice Husks are the hard brown covering on rice grains removed by farmers prior to selling their rice.

Egyptian farmers often burn rice husks along with other agricultural waste, contributing to the high pollution levels around Cairo. By purchasing this unwanted waste at a fair price from local farmers, Ecohusk® not only provides farmers with much-needed additional income whilst alleviating the ever-present pollution problem, but also creates fully biodegradable products that keep our skies blue, our fields green and our landfills empty.

Jordan
Express Yourself
“Express Yourself” Company is specialized in selecting positive phrases and words and putting them on t-shirts, in order to change and influence the youth now and tomorrow, and increase the economic development and civilization of the surrounding community. The idea of the product was developed by selecting phrases and printing them on t-shirts that fit all age groups in terms of concept and design, while still maintaining the Arab identity using attractive, meaningful and influential phrases in Arabic.

Kuwait
Evaluate me
The mission of Evaluate me, an INJAZ company, is to make a positive difference in the service provided in the restaurants that cover Kuwait through ratings of the service by the youth.

Why youth? Well the youth make up the largest percentage of consumers of the restaurants whether it's an American, Italian, Arabic or Japanese restaurant youth are the largest group that goes to these restaurants.

We decided to rate the service because we usually go to a restaurant for the food they offer, but have you ever been to a restaurant with food that is beyond delicious yet their service was the complete opposite? Service is a very critical matter in making or breaking the restaurant.

Lebanon
Majd
The Concept behind “ Majd” Company is to create a circular copper box with Lebanese historical symbols that used to be printed on old Lebanese paper currency which have been withdrawn from circulation (temple of Baalbek, National Museum, Temple of Anjar, and the Lebanese Cedar) engraved on them.

The circular box contains a rare Lebanese pound issued by the Central Bank in 1968 in support to the FAO organization. The motive behind our idea was to preserve the glory of the old Lebanese pound.

Morocco
 Youth Yell
Witnessing the lightening rise and take off of street Art in its surroundings, Youth Yell converted to the moment and saw in it an opportunity to express their ideas through personalized designs, drawings, Graffiti…via serigraphic impression on t-shirts, posters and even on glass materials.

Oman
Al-Durr Al-Kamen was founded in (Samad Al-Shaen) with the purpose of producing Innovative and outstanding products that serves the community in positive way. The company invested in producing "Mosquito repellent Herbal Candles" & an electronic Mosquito repellent.

As the ambition and hard work is our motto, trust and fidelity are the foundation; the company has grown steadily and has achieved its objectives. The company has succeeded in meeting many of its goals by strengthening and improving staff performance and customer satisfaction. Also community service was at the top of the company's agenda through the allocation of 5% of the profit for community projects.

Palestine
ESCO
ESCO aims to provide the best electrical solutions which will lead to enhanced protection and safety in order to reduce any electrical hazards, and save time and effort towards optimizing electrical energy consumption.

Our vision is to look forward to being the first Palestinian company in the region that provides electrical services and solutions by virtue of national Palestinian industries and at a high level of efficiency.

The product is an electrical device that provides the service of being able to control different electrical devices at home and in office. This is done through linking and delinking the power supply from the electrical devices through directly connecting with the phone (home, office, etc …), which will provide safety and convenience from dangers of electricity and fire.

Qatar
R.T.
R.T’s mission is recycling & reusing wastes and creating a new recycling revolution that combines creativity, innovation and environmental concern in one high end artistic product. The idea was based on turning cans and newspapers into art by changing simple frames into innovative, creative and fabulous handmade products.

Saudi Arabia
Catalyst
Catalyst is a profitable firm. It aims to reach a certain level of consumer satisfaction and to emphasize the Saudi female role in developing the local economy. Catalyst’s achievement occurs through offering a product for the mass and is environmentally friendly at the same time.
It is an innovative and practical multi use bag that can be switched into a towel for beach, sport clubs, and camping. This contains a small bag of skin care products (Body lotion, Shampoo, Sun oil, Body soap and Nylon bag).

UAE
GLIGHTS
GLIGHT is a for-profit joint stock company which cares for the environment; provides outdoor lighting services to homes; and contributes towards restricting environmental pollution in the UAE community.

We aim to be the leading and highly efficient company across UAE in the field of providing eco-friendly outdoor lighting solutions.

Our goals are to influence community’s way of thinking and behavior, and leading them towards the use of sustainable natural methods for generating energy. Provide reasonable economic and environmental alternatives of clean main energy.  Provide solar-powered lamps which are effective consume less energy and contribute towards creating a clean and healthy environment for future generations.

Yemen
Qalansiyah
The company is a re-mobilization for Yemeni honey which is considered the best in the world and at the same time use creative and innovative ways for marketing the product.

About INJAZ Al-Arab

INJAZ Al-Arab harnesses the mentorship of Arab business leaders to help inspire a culture of entrepreneurialism and business innovation among Arab youth.

Operating in 14 countries across the Middle East and North Africa (MENA) region, INJAZ Al-Arab is a confederation of national operations collaborating with corporate volunteers and Ministries of Education to provide experiential education and training to Arab youth in work readiness, financial literacy and entrepreneurship.

The only organization in the MENA region that aims to equip students with practical business-related skills as part of the regular educational curriculum, INJAZ Al-Arab programs offer students an unbroken chain of educational opportunities that will strengthen their innovation, deepen their understanding of the business world, and give them professional qualifications to enable their success in the global economy.  

In parallel, it fosters among business leaders a responsibility for investing their resources in the future of the region’s youth and becoming the mirrors they want to see in the world by mentoring and inspiring young people to rise to their true potential. Since its inception in 2004, INJAZ Al-Arab programs have reached 500,000 students and engaged 10,000 volunteers.

A National Board of Directors leads each INJAZ country operation, with the INJAZ Al-Arab Regional Board responsible for directing overall strategy and organizational governance. These bodies comprise the region’s top business leaders who share a common ideal for the Arab youth.
INJAZ Al-Arab is a member of Junior Achievement Worldwide (JA Worldwide).

About JA Worldwide

JA Worldwide is the world's largest organization committed to inspiring and preparing young people to succeed in a global economy. Now in its 91st year, JA Worldwide provides hands-on, experiential learning in financial literacy, entrepreneurship, and work readiness to 9.8 million students annually.  With offices in 123 countries – and an extensive network of partners from the private and public sectors – JA Worldwide mobilizes a global force of business volunteers to teach in-school and after-school programs that give students the tools they need today, to succeed tomorrow. These programs show young people how to generate wealth and effectively manage it, how to create jobs, which make their communities more robust, and how to apply entrepreneurial thinking to the workplace.  Students put these lessons into action, and help strengthen their communities. 

For more information, please visit www.ja.org.

 

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