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: April 25, 2019
UAE. Many computer users don't take enough precautions when disposing of their USB sticks; Our penchant for plugging in random memory sticks isn't the only trouble with our USB hygiene, a study shows.
date:Posted: April 25, 2019
UAE. The only successful zero trust implementations that have gone from marketing to reality are ones that have baked zero trust in from day one.
date:Posted: April 24, 2019
UAE. The economy in the Middle East is expected to grow this year by around 3.5%, finds the latest Global Economic Conditions Survey (GECS) from ACCA and IMA.
dhgate