Aramex

Internet, finance, media leaders to speak at ArabNet

Tue, 2011-03-08 11:46 - By  
 
 
 
The ArabNet Shift Digital Summit, the largest gathering for the Arab web/mobile industry, is to bring together Arab web executives, entrepreneurs, developers, investors, NGOs and media, to discuss the latest trends and technologies in the sector.

Omar Christidis: There's no reason why the next big thing shouldn't emerge from the Arab World

Wed, 2011-03-02 10:29 - By  
mediaME talks to Omar Christidis, Vice President of IBAG and the Founder of ArabNet, about the region’s web industry event, the aim of the event, the obstacles entrepreneurs face in the Arab World and the ways of which ArabNet 2011 can bridge people together to solve these problems and find permanent and effective solutions.
 
Q. Kindly introduce yourself and your company IBAG.
 
I am 28 years old, grew up in Beirut, did my BA and MBA at Yale, worked at Booz & Co and I am now the Vice President of IBAG and the Founder of ArabNet. 
 
IBAG is an events management, marketing and promotion company founded in 2000, with more than a decade of experience in crafting professional events. IBAG has organized conferences and exhibitions across the region in a range of sectors-from Islamic finance, infrastructure and construction, to waste management.
 
Q. Tell us what motivated you to launch ArabNet last year, and whether or not you were surprised by how well it has been received, and how this motivates you now going into this year’s event.
 
ArabNet emerged as a result of two things, first is the fact that the Arab web market has been fragmented, and many experienced industry professionals weren't connected with their peers in other countries. Second, there has also been a disconnection between the young entrepreneurs, who own ideas and startups, and the investors and business leaders who have the experience, resources and relationships that would help those entrepreneurs succeed. That is when I realized that those people need to be brought up and gathered in one place. 
 
I started talking to people about ArabNet in October 2009, about 6 months prior to the first event, and I received very positive feedback from the first moment. The time was ripe for the industry to get together, and this became clear as the momentum and excitement about the event built up, and people from across the region—professionals and entrepreneurs—got involved. The tremendous success of ArabNet 2010 confirmed that the web industry needs a platform—a place to gather, exchange information and build relationships.
 
Q. Tell us about ArabNet’s performance as an event last year.
 
I'll answer with some statistics about ArabNet 2010:
  • Over 500 people from 13 countries across the MENA, Europe and Silicon Valley have attended
  • More than 2,000 unique users visited the Live microsite; allowing users to stream the conference in real-time, as well as monitor and participate in the twitter conversation and SMS voting 
  • 40 Ambassadors, 11 Supporting Partners, 12 Official Bloggers, and 20 Media Partners, helped spread the word about the event across the region 
  • 20 entrepreneurs pitched their ideas and startups and connected with investors and media 
  • Leading global and regional companies, including Google, Microsoft, Facebook, Yahoo!Maktoob, Cisco, Aramex, Bank Audi, TwoFour54, National Net Ventures and many others spoke at the event and sponsored it
  • Over 10,000 tweets in the two days of the conference, making #ArabNetME a global trending topic on twitter 
  • Coverage by regional and international media, including CNN, Al-Jazeera, and others

Since last year, one of our startups has secured funding, one is in late stage financing negotiations, two are being incubated, and one is cash-flow positive and growing and hiring very quickly!

Q. As you prepare for the second edition of ArabNet, what main improvements and additions have you planned for this year’s event?
 
We have ambitious plans for ArabNet 2011, which will be a 4-day festival of digital, to take place in Beirut on March 22-25.  
 
The event will feature:
  • A Developer Day, dedicated to cutting-edge technical discussions
  • A two-day forum that will include successful elements from last year, like the Ideathon and Startup Demo, as well as new discussion formats, such as one-on-one interviews, in-depth workshops and rapid-fire Q&A sessions
  • More than 80 speakers from leading regional and global dot-coms
  • A Community Day that will engage the general public in talks and workshops to raise awareness about the web industry
Q. What was the impact of the ArabNet Roadshow? Tell us about the countries you passed through, the response you got and how this grass-roots effort supports the event. 
 
In preparation for the big conference in March 2011, ArabNet launched a first-of-its-kind initiative this year: the ArabNet RoadShow, an ambitious 3-week bus tour across the region to connect with the region's promising digital entrepreneurs.  Our bus made stops in Damascus, Amman, Jeddah, Riyadh, Doha, Dubai and Cairo, and we held workshops to train and inspire entrepreneurs in each city we visited. To give you a big-picture sense of the RoadShow in numbers, we covered 4,381 km by bus, had more than 40 expert lawyers, investors, entrepreneurs, and business leaders as speakers, and engaged more than 1,500 attendees in our workshops.  
 
The RoadShow was really important for finding promising entrepreneurs, generating excitement about the web industry and creating a regional sense of community. It also allowed us to build relationships with leading corporations, universities, NGOs and governmental organizations that will participate in ArabNet and make it a diverse regional gathering. 
 
Q. As a major influencer in the region’s entrepreneurship ecosystem, what’s your personal opinion regarding the general state of Arab technology entrepreneurship today compared to other regions of the world? What makes our region different? 
 
One of the powerful things about the web industry for me is that it’s a level playing field. The market is global, the barriers to entry and starting costs are low, and tech-savvy young people have a competitive advantage. There's no reason why the next big thing - Google, Facebook or GroupOn - shouldn't emerge from Lebanon, Jordan or Saudi Arabia.
 
The Arab internet sector is one of the fastest growing in the world, and between 2009-2014, Booz & Co expects broadband penetration to increase by an average of 60% per annum. Digital advertising spend (somewhere between 2% to 4% according to the agencies I've spoken to) is significantly below international benchmarks and is expected to grow rapidly. Booz estimates that it will reach $900 million by 2014. At the Abu Dhabi Media Summit in March 2010, Eric Schmidt declared the MENA region to be Google's fastest growing, both in the number of new users as well as revenues.  
 
Q. Could you generally tell us about the typical obstacles that stand in the way of Arab technology entrepreneurship? And which countries are effectively tackling these issues with specific initiatives?
 
There are a number of challenges that we need to tackle to better equip Arab entrepreneurs.  The first hurdle is the limited seed funding and support/mentorship available for entrepreneurs who are just starting off. This is beginning to be addressed by initiatives like Meydan and Oasis500 in Jordan, and the recently launched Flat6 in Cairo. Beyond that, there are various cultural barriers, including risk aversion and the need for financial security; the influence of family and the importance of family businesses; the significance of traditional jobs for social standing.  There's also the challenge of data - there's not enough statistical information about the web industry publicly available for entrepreneurs to understand and analyze the opportunities around them. At ArabNet, we're working with our partners and speakers to release fresh data to help address this problem. 
 
Across the region, government, NGOs and universities are establishing programs to promote tech entrepreneurship. In Riyadh, the Saudi Arabian General Investment Authority (SAGIA), has recently launched the Saudi Startup Community to boost digital entrepreneurs in the Kingdom. Similarly, in Doha, ictQATAR is in the process of launching a comprehensive incubator program focused on digital content projects. In Jordan, the Queen Rania Center for Entrepreneurship is a leading NGO working to strengthen the ecosystem of entrepreneurship. In the UAE, Dubai Internet City runs regular DemoCamps for web entrepreneurs to present their new startups and connect with investors, and TwoFour54 is building a hub for media and content entrepreneurship in Abu Dhabi. 
 
Q. Could you share with us some information regarding the main supporters and sponsors of ArabNet 2011 and regarding some of the main speakers and any major initiatives to be announced at the event? 
 
ArabNet 2011 is being held under the patronage of his excellency, Michel Sulaiman, the President of Lebanon, in collaboration with the Central Bank of Lebanon, and partnership with Audi Bank, Aramex, Google, National Net Ventures, TwoFour54 and MBC Group.
 
ArabNet this year will address hot topics in the web industry, including group buying, mobile apps, streaming/rich media, and social media marketing. Some of the top new speakers this year include Peter Kellner, Co-Founder of Endeavor Global; Mike Butcher, Editor of TechCrunch Europe; Reshma Sohoni, CEO of Seedcamp, Abd Faisal Haq, Managing Director of Groupon Middle East.

2011 set to be the year of the Arab Entrepreneur: ArabNet

Wed, 2011-03-02 08:04 - By  
The head of the team organising the four-day regional conference for the Arab web industry, ArabNet, has said that he believes 2011 “Will be the year of the Arab entrepreneur.” Omar Christidis pinpoints a new wave of optimism and a desire among young people to take control of their future as key factors in the rise in entrepreneurialism across the region. Christidis and the ArabNet team recently took to a bus to travel around the Arab World and run workshops for over 1,500 potential start-up entrepreneurs around the region.
 
The ArabNet bus was constantly equipped with high-speed mobile internet, using the most cutting-edge devices provided by Qualcomm, ArabNet’s Connectivity Partner.
 
“Entrepreneurs around the region have showcased and shared brilliant ideas,” Said Christidis. “It’s safe to say, the will, the talent and the funding are all definitely there. ArabNet is aiming to bring the three together.”
 
In its first of-its-kind initiative, the ArabNet team travelled through Lebanon, Syria, Jordan, Saudi Arabia, Qatar, the UAE, and Egypt. The trip took three weeks, and was organized under the banner of "Entrepreneurs without Borders", and with the Strategic Partnership of Bank Audi, Aramex, Google, N2V and MBC Group. Participants were given the opportunity to connect with and learn from lawyers, investors, experienced entrepreneurs and business leaders from their communities. Workshops were live-streamed and the team blogged, tweeted, videotaped and photographed the entire journey on the web, eliminating physical and virtual barriers to participation and allowing everyone to be part of the event in order to build a broader sense of community among the different cities they visited.
 
ArabNet, the largest conference for the Arab web industry is to bring together over 1,000 Arab web business leaders, investors, mentors and start-ups. The four-day event takes place in Beirut on March 22-25 under the Patronage of H.E. General Michel Sleiman, President of Lebanon and in collaboration with the Central Bank of Lebanon. The event is set to play host to over 80 speakers from leading companies in the region and from around the world, bringing together the region’s top executives, entrepreneurs, developers, and investors to cover the industry’s latest trends.
 
“It is critically important that we take this opportunity to harness this wave of innovation and optimism, to sift out the best ideas and truly get behind them with the financial support and an ecosystem that lets the best of these many ideas thrive and flourish. That’s one reason why ArabNet is working to sponsor thirty of the top new ideas we encountered during the ArabNet Roadshow.” said Christidis.
 
The four day summit is split up into three parts: the Developer Day (March 22nd), aimed at technical case studies for engineers, the two-day ArabNet Forum (March 23-24) for business leaders and entrepreneurs, and a Community Day (March 25) aimed at raising awareness about web and the role of digital entrepreneurship among the general public.
 
The summit will also include ArabNet’s annual competitions: the Ideathon and Startup Demo. The Ideathon aims at turning bright ideas into functional products. Selected finalists from around the region will be given the chance to present their idea in two minutes in front of investors, incubators, and developers. The top three ideas (selected from hundreds of qualified entries from around the region) will receive big cash prizes and support in building prototypes of their ideas!
 
The Startup Demo supports early-stage startups and helps them grow their business. Selected startup entrepreneurs will be given 5 minutes on stage to showcase their product and convince the audience and judges of its market potential. The startups will be given exhibition spaces during the conference, where they can network with investors, executives and media to build the relationships they need to help them grow.
 
“We anticipate the rise of the Arab entrepreneurs and believe that ArabNet will assist in leveraging the numerous ideas emerging from the region.” added Christidis.

Arab entrepreneurs and executives gather at ArabNet Digital Summit following regional workshops

Wed, 2011-01-12 18:09 - By  

ArabNet, the largest conference for the Arab web industry, is to bring together over 1,000 Arab web business leaders and start-ups, including a strong presence from Jordanian entrepreneurs following the successful ArabNet workshop recently held in Amman. The 4-day conference takes place in Beirut on March 22-25 under the Patronage of H.E. General Michel Sleiman, President of Lebanon, and in collaboration with the Central Bank of Lebanon.

ArabNet Founder Omar Christidis said: “Building up to the Summit, the ArabNet team has just completed the ArabNet RoadShow, a road trip in the “ArabNet Bus” across 7 countries, fuelled by the mission of finding promising youth and encouraging them to launch their own businesses. We found an incredible groundswell of talent around the region and the strong participation of young Jordanians in the Amman workshop reflects the tremendous talent in the country.”

The Amman workshop was held on December 8th, with an attendance of more than 150 people. Aspiring entrepreneurs and university students were coached by expert investors and web executives.  Bashar Dahabra, Founder and CEO of info2cell, emphasized the importance of perseverance and not listening to those who doubt you, while Dr. Usama Fayyad, Chairman of Oasis 500, memorably told the attendees, "I wish that you fail and you fail frequently…you learn a lot more from failure than you do from success." 

Fadi Ghandour, Aramex Founder and CEO, said: “Aramex sees a lot of synergy with ArabNet and the RoadShow. Crafting a strategic partnership was a natural step for us and a reflection of our continued commitment to nurturing an entrepreneurial ecosystem in the Arab world and providing our skills, resources and extensive expertise at the service of youth across the region."

In its first of-its-kind initiative, the ArabNet team travelled through Lebanon, Syria, Jordan, Saudi Arabia, Qatar, the UAE, and Egypt. The trip took three weeks, and was organized under the banner of "Entrepreneurs without Borders", and with the Strategic Partnership of Bank Audi, Aramex, Google, N2V and MBC Group. Over 1,500 people participated in these workshops, where they were given the opportunity to connect with and learn from lawyers, investors, experienced entrepreneurs and business leaders from their communities.

Wael Ghonim, Head of Marketing for Google MENA, commented that, "MENA users are growing at a much faster pace than the available online services. The lack of web entrepreneurial initiatives will hinder the growth of the Internet in the region. At Google we believe that initiatives such as ArabNet are crucial for the community as it brings all the stakeholders into one place to make a difference." 

ArabNet live-streamed every workshop and blogged the entire journey on the web, eliminating physical and virtual barriers to participation, and allowing everyone everywhere to be part of the event. To build a broader sense of community among the different cities they visited, the ArabNet team tweeted, videotaped, photographed and blogged the entire journey.  A first in the region, the ArabNet bus was constantly equipped with high-speed mobile internet, using the most cutting-edge devices provided by Qualcomm, ArabNet's Connectivity Partner.  Visitors to the site could see where the bus was in real-time, and the result was a tremendous sense of anticipation as the RoadShow unfolded, with cities eagerly awaiting the arrival of the bus.
 
Ammar Bakkar, Director of New Media at MBC Group, stressed that, "In this age, great ideas initiated by talented youth are driving some of the best digital initiatives around the world that are changing our lives. As MBC Group attempts to tie itself to the future of media, ArabNet has the potential to be the perfect opportunity to be close to interesting ideas, to the dialogue about digital media, and to people who will be driving the future."
 
Overall, the RoadShow received great support from governmental organizations, NGOs and the private sector, eager to help realize the potential of Arab youth and to develop knowledge-based economies. Universities were also excited about the ArabNet RoadShow, and helping create opportunities for their students to get real-world experience and training. In Jordan, ArabNet partnered with the Queen Rania Center for Entrepreneurship, a leading NGO working to strengthen the ecosystem of entrepreneurship, and held its workshop at the cutting-edge Princess Sumaya University for Technology. 

Mrs. Randa Bdeir, Group Head of Electronic Banking and Cards services at Bank Audi sal - Audi Saradar Group explained that "Bank Audi’s strategic partnership with IBAG in ArabNet 2011 is yet another opportunity for the Bank to set itself as a leader in embracing new technologies and integrating them in the banking industry”.
 
With the RoadShow concluded, ArabNet is now preparing for the 4-day digital summit taking place in March 2011, which will allow entrepreneurs with bright ideas and promising startups the opportunity to connect with investors, executives, and media. ArabNet is partnering with the MIT Business Plan Competition to empower entrepreneurs, and the top 30 finalists from the Competition will receive a full scholarship, including flight and accommodation, to attend the ArabNet conference.

Rashid Al Ballaa, CEO of National Net Ventures, the largest web company in Saudi Arabia, summed things up by saying: "ArabNet was the most important internet event in the Middle East in 2010, and we expect 2011 to be the same." 

 


ArabCrunch ranked in the top 25 blogs worldwide, first in the Arab World

Tue, 2010-02-02 07:40 - By  

 

Achieving an unprecedented Arab rank in the blogs scene, ArabCrunch http://arabcrunch.com earned the first rank in the Arab World and the 24th rank worldwide, beating both The Wall Street Journal and Forbes Blogs in the startup category.  

ARAMEX | 25 years

Sat, 2007-05-26 12:59 - By  
ARAMEX | 25 yearsThe one that was placed previously was not the correct one (the text was still the dummy text) this is the accurate one.

Aramex | 25 hours

Sat, 2007-05-12 21:41 - By  
Aramex | 25 hoursCreative Agency: PUBLICIS GRAPHICS, Amman
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