Saudi women-owned technology startups on the rise
Source: MPR Saudi , Author: Posted by BI-ME staff
Posted: Sun March 4, 2018 3:13 pm

SAUDI ARABIA.  King Abdulaziz City for Science and Technology (KACST), represented by Badir program for technology incubators and accelerators, disclosed that the number of Saudi women entrepreneur-owned technology startups incubated in the Program during the past year increased by 144%.

Out of the number, 44 companies are active in the fields of communications, software, e-commerce and smart device applications.
 
Badir forecast an increase in the establishment of Saudi startups and a promotion of technical innovation and development in these companies as the government sees a prominent role of this sector in the future economy.
 
Nawaf Al Sahhaf, CEO of Badir Program for Technology Incubators, described the growth rate of women's projects incubated by the program as "good" compared to the past five years, stressing that the program has contributed to supporting the ambitious and innovative initiatives and ideas of Saudi women entrepreneurs and providing them with an appropriate work environment through the offices specialized in the preparation, habilitation, training and workshops, enabling them to run their businesses efficiently and effectively and helping them to participate in local and regional conferences.

Photo: For illustrative purposes (File photo)

 

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: March 22, 2019
INTERNATIONAL. "AI is going to revolutionize how program and portfolio management (PPM) leaders leverage technology to support their business goals. Right now, the tools available to them do not meet the requirements of digital business."
date:Posted: March 21, 2019
UAE. Zebra study: Heightened investment in disruptive technologies and enterprise-class devices will empower the majority of front-line workers by 2023.
date:Posted: March 20, 2019
UAE. The tale of an Argentinian teenager now shows that sleuthing for security holes in code can be a lucrative pursuit; He has come a long way since winning his first reward of US$50 in 2016.
dhgate