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: December 14, 2018
INTERNATIONAL. Saxo's team of expert analysts have formulated 10 Outrageous Predictions for the year ahead. Riding roughshod over the consensus, they look at some highly unlikely events that could have a tremendous market impact - if they come to fruition.
date:Posted: December 13, 2018
UAE. Analysts to share expert advice on how to plan for the Digital Future at Gartner Symposium/ITxpo, March 4-6 2019 in Dubai, United Arab Emirates.
date:Posted: December 13, 2018
UAE. Data scientists are brought in by businesses to find solutions to their problems but both sides need to be prepared for failures and hidden opportunities along the way.
INTERNATIONAL. Saxo's team of expert analysts have formulated 10 Outrageous Predictions for the year ahead. Riding roughshod over the consensus, they look at some highly unlikely events that could have a tremendous market impact - if they come to fruition.
dhgate