Category: Lebanon

MBR Foundation Center For Entrepreneurship and Innovation In American University Of Beirut

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Mohammed bin Rashid Al Maktoum FoundationThe Mohammed Bin Rashid Al Maktoum Foundation today announced plans to establish a new center for Entrepreneurship and Innovation at the Olayan School of Business, American University of Beirut (AUB), Lebanon, as part of its continuous efforts to instill the spirit of entrepreneurship in the Arab world.

The Mohammed bin Rashid Al Maktoum Center for Entrepreneurship and Innovation, aiming to serve as a regional nucleus for entrepreneurship research and knowledge dissemination in the Arab world, will be established in collaboration with AUB with an endowment of AED18.3 million (nearly US$5 million).

Under the agreement, the Foundation and AUB’s Olayan School of Business will combine forces to support and develop entrepreneurship-related research, training material and expertise in the Arab world. Through the new centre, the Foundation and AUB will also work towards enhancing regional business capabilities, leading to a better understanding of current and future entrepreneurial activity and challenges in the region.

The Mohammed bin Rashid Al Maktoum Center for Entrepreneurship and Innovation will develop and provide research and training materials fostering entrepreneurship and innovation in the Arab World, thereby contributing to creating conditions conducive to furthering employment and supporting economic activity across the region. Additionally, it will conduct regional entrepreneurship studies to identify barriers to entrepreneurship that individuals, business leaders, corporations and governments can help alleviate.

The center will also serve as a knowledge center for e-students, entrepreneurs and policy-makers by providing entrepreneurship sector analysis, country analysis, profiling and policy recommendations, regular data surveys, as well as relevant business case studies.

Operating as an open source institution for its published output, the centre will offer access to its resources to eligible entrepreneurs, researchers and relevant stakeholders as determined through mutually agreed criteria set by the Foundation and the AUB.

Aimed at promoting job growth and business creation in the region, the Foundation seeks to develop entrepreneurship programmes that facilitate business mentorship, expertise and services among successful and aspiring entrepreneurs. In developing a series of related programmes that support young businesses, the Foundation aims to assist emerging entrepreneurs to explore, identify and seize potential business opportunities across the Arab world.

As part of its efforts to support regional centres dedicated to advancing business education and supporting young enterprises, the Mohammed bin Rashid Al Maktoum Foundation recently signed key partnership agreements with a number of leading organisations and educational bodies across the Arab world including the Dubai-based Young Arab Leaders (YAL), Al Akhawayan University in Morocco, and the Palestine Information and Communications Technology Incubator (PICTI) in Palestine.

# More: Zawya

SouqElArab, Online Social Shopping Portal

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SouqElArab

SouqElArab is a growing Arab online social marketplace; It offers its visitors a social shopping experience whereby they can network with like minded people and do some shopping at the same time.

Their shopping experience is based on users’ recommendations and feedback; Visitors can rate and review products and come together to form a community based on their hobbies and interests.

SouqElArab provides a platform for vendors to bring their product catalogs online and easily start selling their products without the fuss of having to create their own web presences. Suppliers from over 15 countries are currently working with SouqElArab.

Through these different suppliers, SouqElArab offers a large variety of products from Books, Magazines, Music, Movies, e-Downloads and Software, to Food and delicacies, Health Care and Beauty products, Kids’ Toys and Electronics, to Hookahs, Shisha, Clothing, Antiquities, Art, and other Middle Eastern cultural products.

SouqElArab screenshot

The website is available in both English and Arabic; with French, Persian and Afrikaans coming soon, aiming to expand both the user and supplier base.

SouqElArab Inc., founded by Fadi F. Dababneh, is the company that runs the website; with offices in USA, Jordan and Lebanon.

# SouqElArab

Yamli Enable Advertising In Their Language Tool

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Yamli Ads

More news from Yamli, the cool web-based tool that solves the problem of Arab users who don’t have an Arabic keyboard or who aren’t as comfortable typing in Arabic; They have come up with an interesting way to start generating revenue with their tool: they enabled advertising on their Yamli editor menus.

The ads are in the form of small 120×30 banners, simply and neatly placed at the bottom of the word suggestion and option selection menus.

A number of advertisers have already started buying these ad spots with Yamli, and users of the Yamli editor tool on the Yamli website, facebook, or elsewhere should start noticing them now.

No details about the pricing of these units are available on the website, but advertisers can contact Yamli to place their ads through the following contact form.

Very good move from Yamli, who just released an API to use their tool recently, and who should be seeing an increase in their tool’s usage over the following weeks as more Arabic websites integrate their tool. SouqElArab just announced integration of the tool from their side yesterday.

It will be interesting to see how well these ads will perform, and how successful they’ll be for advertisers as a new advertising channel and for Yamli as a revenue model.

LEBConnection, Access To Lebanese People And Projects

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Newly launched LEBConnection is a business oriented social networking service that caters directly to the specific everyday needs of the Lebanese people around the world: finding jobs, promoting people and projects in the Lebanese community and finding housing.

The project started a year and a half ago while co-founder Patrick Sayegh was staying in Paris and various parts of France, and was exposed to the difficulties many Lebanese faced in getting jobs in French companies even if they were qualified for them.

So the idea was to create a platform that enabled Lebanese people all around the world to tap into their extended network of contacts to identify connections who can help them take advantage of certain business opportunities they wouldn’t have access to otherwise.

LEBConnection provides an intuitive interface that enables users to easily build their network of connections through importing contacts from other accounts as well as easily sending invitations to their friends and acquaintances. Information on the site can be accessed in many ways, and the search engines have broad or narrow searches to look for people or jobs according to specific criteria.

On one hand, businesses and people can post ads on the website, to their network of connections as well as to the whole community, about their open job opportunities, projects and deals; and on the other hand, users can search for these opportunities as well as contacts they have in certain companies and places who can help them in getting jobs, deals or resources.

An internal email system LEB mail is built into the system to enable the sharing of information between contacts.

The service is a free one, and the interface is in English and French for the time being with the possibility of adding Spanish as its next language.

# LEBConnection

Pressera, Online Newspaper & Magazine Hosting

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PresseraPressera are a Lebanese online publishing service that offers an easy and interesting solution for Arab newspapers and magazines to take their publications online.

There isn’t much detail on their website about the setup phase, but they promise it is an easy process, and that the service is 100% automated, enabling newspapers and magazines to publish online daily, and have their publications viewable through a fully customized viewer panel.

Newspapers and magazines from the UAE, Saudi Arabia, Lebanon, Egypt, Kuwait, Qatar and Syria are currently using the service.

The publications are available for free to all readers through custom subdomains of the Pressera website; they can also download them in pdf format.

It seems like quite an easy and interesting solution for offline publications that want to extend their readership and offer their content online, although it’s a shame that the content isn’t in an indexable and searchable format.