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Posted On: 1 December 2015 02:41 pm
Updated On: 12 November 2020 02:15 pm

INJAZ Al-Arab wraps up 9th annual Young Arab Entrepreneurs Competition

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INJAZ Al-Arab, a member of Junior Achievement Worldwide (JAW), concluded the 9th chapter of the annual INJAZ Al-Arab Young Arab Entrepreneurs Competition. Hosted at the Shangri-La Hotel in Oman, the event saw fourteen teams made up of young Arab entrepreneurs from across the region battle it out to win the highly covered title of “University Company of the Year” and “School Company of the Year” 2015.

Stealing the lime-light were USE FORFAIT from Morocco, winning the University Company of the Year - sponsored by Omantel and, 3 DOT’s from Bahrain, who won two prestigious accolades including High School Company of the Year award - supported by Oman Oil and OMIFCO and, the Remarkable Customer Service Award funded by Citi Foundation.

The University and High School Product of the Year awards were given to Pinnacle Inc. from Tunisia and Electronic Company from Morocco respectively. Pinnacle Inc. also bagged the 2015 FedEx Access Award. Other accolades included the Best Social Impact award which was granted to Creative Young from Yemen for the University category and Drops from KSA for the High School category. This year also marked MBC Group and MBC Al Amal’s first sponsorship of INJAZ Al-Arab’s Creative Video Pitch of the Year award which was granted to CSQUARE from Egypt.

Commenting on the annual event, Akef Aqrabawi. President and CEO, JA Middle East/ North Africa, INJAZ Al-Arab said: “The Middle East is home to a vast amount of entrepreneurial talent and our annual competition seeks to reward young people who are striving to create companies of the future. By investing in their potential and nurturing youth from an early stage, with the support of private sector mentors, we can create a generation of empower, inspired individuals who contribute to the economic development of their countries.”

The annual INJAZ Al-Arab Young Arab Entrepreneurs Competition follows the completion of individual country rounds and closes six months of training in work readiness, financial literacy and entrepreneurship based on INJAZ Al-Arab’s internationally acclaimed Company Program©. In total 14 teams from Oman, UAE, Bahrain, Kuwait, Saudi Arabia, Qatar, Jordan, Palestine, Lebanon, Egypt, Morocco, Algeria, Tunisia, and Yemen went head to head showcasing their business insight, financial knowledge, marketing support and feasibility studies. The event was attended by over 400 guests including government officials, ambassadors, business leaders, and regional board members.

Named one of the top 100 NGOs in the world by Global Journal, INJAZ Al-Arab has influenced the lives of over 2 million students since its inception in 2004. INJAZ Al-Arab is a member of Junior Achievement; the world’s largest and fastest-growing youth business organisation dedicated to educating students about workforce readiness, entrepreneurship and financial literacy through experiential, hands-on programs. The annual INJAZ Al-Arab Young Arab Entrepreneurs Competition emerged in Amman, Jordan in 2007 under the patronage of HM Queen Rania of Jordan.