{"id":316093,"date":"2022-08-03T18:43:21","date_gmt":"2022-08-03T21:43:21","guid":{"rendered":"https:\/\/anba.com.br\/paises-arabes-cenario-diverso-e-oportunidade-para-startups\/"},"modified":"2022-08-10T17:19:47","modified_gmt":"2022-08-10T20:19:47","slug":"arab-world-diverse-context-poses-opportunity-for-startups","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/arab-world-diverse-context-poses-opportunity-for-startups\/","title":{"rendered":"Arab world: Diverse context poses opportunity for startups"},"content":{"rendered":"

S\u00e3o Paulo \u2013 The myriad realities in Arab countries make the region a flourishing place for different startup<\/strong> business models. A panorama of this market was presented to Brazilian businesses this Wednesday (3) in the webinar \u201cInnovation Ecosystems in the Arab World.\u201d The event launched the ABCC Lab mission, through which the Arab Brazilian Chamber of Commerce<\/strong> (ABCC) will take Brazilian technology startups and companies to the United Arab Emirates and Qatar from October 2 to 7. Registration is open<\/a>.<\/p>\n

\u201cYou can set up an online bank to offer microcredit or microfinance to entrepreneurs, to the population that did not have bank accounts, and also create crypto exchanges for wealthy people to operate cryptocurrencies, so it is a very diverse ecosystem,\u201d said Jamil Diab (pictured above), a resident entrepreneur of Grubtech, illustrating possible businesses for startups in Arab countries due to the mixed population profiles. \u201cWhile there are similarities, there are also differences. It is a very connected region but also fragmented, and situations vary from country to country.\u201d<\/p>\n

Grubtech is an Emirati startup that provides technology for food service. Diab has been working with startups for ten years, and one of his focuses is to promote entrepreneurship in emerging countries. He said he sees the partnership between Brazil and the Middle East in startups as highly strategic and exciting as both sides are emerging. \u201cIn the different positions I\u2019ve held, I\u2019ve realized things that work in developed markets don\u2019t always work in emerging markets; they need to be adapted,\u201d he said. The specialist praised Brazilian entrepreneurship, calling it a successful model.<\/p>\n

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Al-Emadi: Qatar offers business ecosystem<\/em><\/figcaption><\/figure>\n

In the webinar, there was a presentation on business incentives for foreigners in the countries to be visited by the mission. Abdulla Al-Emadi, Investor Relations Official of Invest Qatar, Qatar\u2019s investment promotion agency, gave an overview of what the country offers in the field. He said Invest Qatar operates as a facilitator between the investor and local entities, such as licensing platforms, governmental and semi-governmental institutions, ministries, and private companies, to foster the establishment of international business in the country.<\/p>\n

\u201cQatar is the hub of a 3,000-kilometer radius, which includes two billion people and a GDP of USD 6 trillion. Qatar is in a strategic position with access to the central economic regions of the world. Any country which seeks to stimulate foreign investment needs to create a business ecosystem to support it; that is what Qatar did,\u201d said Al-Emadi. Qatar has the fourth highest GDP per capita in the world and is expected to grow by 4% this year, according to estimates.<\/p>\n

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Al Sharif: Sharjah has many SMEs and startups<\/em><\/figcaption><\/figure>\n

The Associate Director of Programs at Sheraa, Abdelrazak Al Sharif, spoke on opportunities in the UAE and Sharjah, one of the country\u2019s emirates. Sheraa is a Sharjah entrepreneurship hub. He said one of the highlights of Sharjah\u2019s economy is the focus on small and medium-sized enterprises (SMEs) and startups. According to Al Sharif, the emirate has over 60,000 SMEs and has been receiving incentives from the federal and local governments to boost investments through startups and entrepreneurs.<\/p>\n

Al Sharif noted Sharjah has a lower cost of living than Dubai and Abu Dhabi, excellent quality of life, and hosts many global events. He mentioned sectors with potential for investment \u2014 culture and tourism, mobility and logistics, health and well-being, agribusiness technologies, green technologies, innovation and human resources, and advanced manufacturing. Sheraa has already backed over 150 startups, which received over USD 130 million in investments, according to the director. \u201cWe help companies get started here,\u201d he said.<\/p>\n

Mission<\/strong><\/p>\n

In addition to an overview of what startups can find in the Arab countries, Brazilians also received information about the mission the ABCC will carry out. The institution\u2019s head of international consulting and innovation hub, Karen Mizuta, said the mission would provide an immersion of startups and technology-based companies in two gigantic ecosystems; the UAE and Qatar, seen with enormous potential in the area.<\/p>\n

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Mizuta: Arab innovation mindset<\/em><\/figcaption><\/figure>\n

The mission\u2019s primary focus will be the development of an Arab innovation mindset, business opportunities, and global networking. The goals will be developing companies\u2019 capabilities and encouraging internationalization, promoting benchmarking with trends and innovations, on-site validation of adherence to the target market and solutions proposed by the startup, understanding of the legislation and regulations for a soft landing in the sector, promoting networking for the exchange of expertise, in addition to getting to know the ecosystem through visits to technology parks, incubators, and accelerators.<\/p>\n

The schedule will start before the trip, with preliminary activities such as an online boot camp, then head to the Gulf, continuing on the return to Brazil. In Qatar and the UAE, the program will include training, visits, talks with influential innovation players, and a Demo Day in each country, when companies can present their businesses, receive feedback, and talk to investors. The mission will end shortly before the Gitex Global technology show, to take place from October 10 to 14 in Dubai, so interested companies can also participate in the event.<\/p>\n

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Gomes: ABCC develops innovation<\/em><\/figcaption><\/figure>\n

The mission will be promoted by the ABCC and ABCC Lab, with the support of the institution\u2019s technology platform, Ellos, Itaipu Technological Park (ITP), and Espa\u00e7o Impulso innovation hub. Opening the event, the Marketing & Content director of the ABCC, Silvana Gomes, said the ABCC Lab was developed to foster the internationalization of innovation ecosystems in Arab and Brazilian countries, promote the exchange of experiences and knowledge between them, and stimulate networking for technology businesses. The ABCC\u2019s Marketing manager, Marina Sarruf, was the webinar\u2019s moderator.<\/p>\n

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Mansour: Innovation through blockchain<\/em><\/figcaption><\/figure>\n

At the event\u2019s closing, the secretary-general and CEO of the ABCC, Tamer Mansour, reported innovation had been developed at the organization through the ABCC Lab for over two years. According to Mansour, the idea started during the pandemic, when the ABCC was the first in the world to adapt its activities to the virtual model through webinars. \u201cWe entered headfirst to innovate within the Arab Brazilian Chamber,\u201d he said. The institution also developed the Ellos platform, with technological and digital possibilities for foreign trade. One of the aspects is the use of blockchain to transfer customs paperwork to a safe and streamlined digital process.<\/p>\n

Quick facts:<\/strong><\/p>\n

ABCC Lab Mission 2022
\nOctober 2 to 7
\nRegistration here<\/a><\/p>\n

Translated by El\u00fasio Brasileiro<\/strong><\/p>\n

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Innovation and investment specialists from the United Arab Emirates and Qatar spoke at a webinar held by the Arab Brazilian Chamber this Wednesday (3). The entity launched a mission to the Arab world aimed at startups to occur in October. Registration is open.<\/p>\n","protected":false},"author":1455,"featured_media":316074,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[107,95,114],"tags":[23868,23869,13823,33677,23853,23852,33766,23854,33762,33767,33772,13409,33763,33764,33769,33768,33770,33765,33771],"class_list":{"0":"post-316093","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business-opportunities","8":"category-innovation","9":"category-news","10":"tag-missao-catar-en","11":"tag-missao-emirados-2-en","12":"tag-missao-emirados","13":"tag-missao-startups-en","14":"tag-mission-emirates","15":"tag-mission-qatar","16":"tag-mission-startups","17":"tag-mission-uae","18":"tag-oportunidade-startups-en","19":"tag-opportunity-startups","20":"tag-startup-jobs","21":"tag-startups-en","22":"tag-startups-catar-en","23":"tag-startups-emirados-en","24":"tag-startups-emirates","25":"tag-startups-qatar","26":"tag-startups-uae","27":"tag-vagas-para-startups-en","28":"tag-work-in-startups"},"wps_subtitle":"Innovation and investment specialists from the United Arab Emirates and Qatar spoke at a webinar held by the Arab Brazilian Chamber this Wednesday (3). The entity launched a mission to the Arab world aimed at startups to occur in October. Registration is open.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/316093","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/1455"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=316093"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/316093\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/316074"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=316093"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=316093"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=316093"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}