Partnership Agreement Signed between QRCE and Al-Ahli Holding Group

Press Release: Partnership Agreement Signed between QRCE and Al-Ahli Holding Grp.
AMMAN, Jordan – (Jan. 2009)

Under the patronage of Dr. Adel Al-Twaysi – Chairman of the founding committee of El-Hassan Science City – the Queen Rania Center for Entrepreneurship (QRCE) held a press conference to announce partnership with Al-Ahli Holding Group-UAE through which it will provide technical support to the 2nd round of the “Global Economic Opportunities” program. Mr. Mohammad Khammas –the CEO of the Al-Ahli Holding Group was present, while QRCE was represented by Mr. Mohammad Khawaja –the Deputy Director.

The “Global Economic Opportunities” program was launched last year aiming at expanding Arab youth capacity to work with peers from various countries and cultures in developing successful world-class ventures, as well as establishing newly-born companies that supply global markets with products and services of high economic value. A group of Arab youth and participants from Argentina took place in the program’s first trial, in which they underwent specialized courses in business development, which helped them acquire the entrepreneurial skills needed for venture success.

This year, the program is going to include participants from Jordan, South Africa, Brazil, UAE and Argentina. In addition to the specialized training courses, QRCE will provide seasoned mentors from leading companies around the world to support participating teams in enhancing their business plans and honing their abilities to seize global economic opportunities, as well as building successful global companies. The program will also include field visits to major companies and factories in hosting countries in order to expand the participants’ knowledge and increase their understanding of work environment in different countries, as well as understanding each country’s specificity, both culturally and socially.

This initiative is characterized by focusing on founding teams of various nationalities and cultures to create an environment of integration and teamwork as well as increase chances to learn through cultures and peoples. Participants will compete in marketing their ideas to members of an international judging committee composed of Arab and foreign investors as well as business administration experts, who will given the team a big chance to finance and materialize their projects after assessing the socio-economic feasibility and global impact.

Last year, QRCE established partnerships with many institutions that contribute in supporting it; namely: Google, King Abdullah II Design and Development Bureau, Orange, Jordan Commercial Bank, Jordan Dubai Capital, Optimiza Academy, Jordan Business Magazine, and Royal Jordanian.

QRCE aims at developing business entrepreneurship in various sectors of technology in Jordan by focusing on such activities as: capacity building, consulting, and development of the local spirit and entrepreneurial personality. QRCE also oversees several local as well as international programs, including: Queen Rania National Entrepreneurship Competition, CONNECT-Jordan program, the Technology Commercialization program, the Cisco Entrepreneur Institute, and the Student Entrepreneurship Society –DART- that contributes to promoting the culture of entrepreneurship among students of Jordanian universities, via diverse events and activities throughout the year.

QRCE is considered as an essential part of El-Hassan Science City, which includes leading national institutions, namely: Princess Sumaya University of Technology, the Higher Council of Science and Technology, and the Royal Scientific Society.