MITEF Saudi Startup competition announces winners

The nine top-placing participants have now won the right to participate in the 11th MITEF Pan Arab competition.
Updated 05 March 2018
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MITEF Saudi Startup competition announces winners

MITEF Saudi Arabia, part of the MITEF global network, has announced the winning teams at the finals of the MITEF Saudi Startup competition.
Participants were competing in three tracks — Startup track, Social Enterprise track, and Ideas track. The winners were:
l In the Startup track, the first prize went to Quantum Solutions, with Avokado taking second prize and Ironix third. Quantum Solutions received SR100,000 ($26,666), with second place receiving SR25,000, and third SR15,000.
l Labayh took first prize in the Social Enterprise track, with Aquaponica second and Blooming Bs third. The first prize winners received SR100,000, SR 25,000 for second place, and third place SR 15,000.
l In the Ideas track, first place was awarded to Duleb, with Cucumber second and Qisma third. The first prize winner received SR20,000, with second and third taking SR15,000 and SR10,000 respectively.
The nine top-placing participants have now won the right to participate in the 11th MITEF Pan Arab competition, which will be held in Oman in April, where the best entrepreneurial ideas from across the region will be showcased.
During her welcoming speech, Sarah Ghaleb, senior general manager of education and entrepreneurship initiatives at Community Jameel, expressed her delight at hosting a selection of national and international guests, investors and entrepreneurs at the final event of the MITEF Saudi Arabia. She said this is the third year a new generation of Saudi entrepreneurs have shown their work in the field of ideas, startups and social enterprise.
The Saudi StartSmart conference was also held as part of the finals event, where distinguished speakers such as Princess Banderi Al-Faisal, chief executive officer of King Khalid Foundation, encouraged local entrepreneurs to keep developing successful social and commercial ideas and projects.
The MITEF Saudi Startup competition is staged by MITEF in partnership with Bab Rizq Jameel (a Community Jameel initiative), Zain Saudi Arabia, and Dulani Business Center.
The closing ceremony was held in Riyadh on March 3. The event was attended by Majid bin Abdullah Al-Qasabi, minister of commerce and investment, as well as prominent Saudi and Arab figures, investors, entrepreneurs, and media representatives.


Matthew Fitzpatrick wins Omega tournament

Updated 21 October 2018
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Matthew Fitzpatrick wins Omega tournament

The 2018 Omega European Masters ended in Crans-Montana with victory for Matthew Fitzpatrick of England. This is the 18th year that Omega has title-sponsored the competition. The watch brand said it was thrilled to watch as Fitzpatrick played through the tournament’s final day to take home the winner’s check, trophy, red championship jacket and an Omega Seamaster Aqua Terra 150m Master Chronometer. 

The 41mm watch features a symmetrical 18K Sedna gold case and a sun-brushed brown dial with a distinctive horizontal “teak” pattern. There is also a date window at 6 o’clock and 18K Sedna gold hands and indexes filled with white Super-LumiNova. Presented on a brown leather strap, the timepiece is powered by the Omega Master Chronometer caliber 8901, certified at the industry’s highest standard for precision and performance by the Swiss Federal Institute of Metrology (METAS). 

Raynald Aeschlimann, president and CEO of Omega, said: “We’d like to congratulate Matthew Fitzpatrick on his superb victory this week. It’s not easy to hold your nerve over four days, so his win is a true sign of the precision and patience that Omega admires. Thanks also to all the players who have made this another very memorable year.” 

The final round of the tournament on Sunday also began with a special announcement from Omega, revealing that the 2019 Omega Masters will feature the brand’s three male golfing ambassadors, Rory McIlroy, Sergio Garcia and Tommy Fleetwood. 

Originally known as “The Swiss Open,” the Omega European Masters is renowned for its heritage, famed winners and majestic mountain scenery that delights players and spectators every year. 

Although it was first played in 1923, this competition has been title sponsored by Omega since 2001.