DiplomaticQuarter: Week-long German tour for best Saudi, Bahraini entrepreneurs

At least 46 start-ups from 16 countries were part of last year’s roadshow through Germany’s innovation hubs. (Photo/Supplied)
Updated 08 August 2018
0

DiplomaticQuarter: Week-long German tour for best Saudi, Bahraini entrepreneurs

  • Given the Kingdom’s rising ecosystem, start-ups from Saudi Arabia will participate in the tour for the first time
  • Saudi and Bahraini start-ups can submit their applications via presentation and/or video until Aug. 14

JEDDAH: To foster local talents and in support of the Kingdom’s Vision 2030, the German-Saudi Arabian Liaison Office for Economic Affairs (GESALO) aims to find the best Saudi and Bahraini high-tech start-ups in the fields of smart cities, mobility/logistics, and insurance technology at the Start.Up! Germany Pitch Night at the Ritz-Carlton Bahrain on Sept. 6.
Following the success of the first German-Saudi Startup Competition in March, the winners of the Start.Up! Germany Pitch Night will be awarded fully sponsored participation in this year’s Start.Up! Germany Tour in Dusseldorf, Cologne, and the Ruhr area (Oct. 7-12, 2018), with a special welcoming day for Saudi and Bahraini start-ups in Berlin on Oct. 5.
“Providing a platform for local start-ups to unleash their innovative ideas and potential is one of our duties. In that regard, Start.up! Germany is the perfect meeting point of the old and new economy,” said GESALO Project Manager Fabian Zittlau.
Given the Kingdom’s rising ecosystem, start-ups from Saudi Arabia will participate in the tour for the first time. Last year, 46 start-ups from 16 countries such as Brazil, France, Kenya, Russia, and South Korea took part in last year’s roadshow through Germany’s innovation hubs.
The start-ups can expect a series of meetings and matchmakings with German and international investors, public institutions and companies such as Thyssenkrupp, Vodafone, Henkel, Trivago, WILO, Ergo, Evonik, KPMG and DB Schenker.
In addition to pitch events within the individual categories, various workshops are offered to all start-ups. Berlin and the Ruhr area are Germany’s startup hotspots: More than 44 percent of new businesses in Germany are founded in these regions, and 41 percent of venture capital is flowing to Berlin and the Ruhr area.
Saudi and Bahraini start-ups can submit their applications via presentation and/or video until Aug. 14. In Bahrain, the best candidates will compete against each other in a three-minute presentation in their personal categories in front of a high-level jury of company and association representatives from the three countries.
The most promising ideas and business models will qualify for the Start.Up! Germany Tour 2018. Registration is open to Saudi and Bahraini start-ups founded after Jan. 1, 2015, and which have at least one founder from the respective countries. Applications can be submitted at the following link: www.gesalo-startup.com.


King Salman welcomes Pakistan PM Imran Khan in Jeddah

Updated 19 September 2018
0

King Salman welcomes Pakistan PM Imran Khan in Jeddah

JEDDAH: Pakistan’s Prime Minister Imran Khan met with King Salman on Wednesday as part of his first state visit overseas.

During the talks, they reviewed the close relations between their two countries, the prospects for their development and strengthening in various fields, as well as the latest regional developments, the Saudi Press Agency reported.

The meeting was attended by Prince Khalid Al Faisal, Advisor to the King, Prince of Makkah Region, Prince Mansour bin Mteb bin Abdulaziz and a number of other officials from both countries.

Khan arrived in the Kingdom on Tuesday for a visit expected to focus on bilateral ties, regional security and Pakistan's economic situation.

Earlier, the prime minister was received by the King at Al-Salam Palace in Jeddah before the a luncheon was held in his honor.

He then met with Crown Prince Mohammed bin Salman, who congratulated him on his election as prime minister.

"They reviewed the historical relations between the two brotherly countries and ways to enhance them," SPA said.

 

In an interview with Al Arabiya aired on Wednesday, Khan said Pakistan would always stand by Saudi Arabia, and that anyone who comes into power in the country would visit the Kingdom first.

“Saudi Arabia came to Pakistan's aid when it needed it," Khan said. 

Earlier on Wednesday, Khan performed Umrah in Makkah.

He then held a series of meetings, including with the Saudi Minister of Energy, Industry and Mineral Resources Khalid Al-Falih on Wednesday.

------

READ MORE:

Pakistani Prime Minister Imran Khan arrives in Madinah during maiden visit to Saudi Arabia

Pakistan PM Khan expected to boost aid and trade from visit to Kingdom

PM Khan bats his way back into the hearts of diaspora

Experts weigh in on what to expect from Pakistani PM Khan’s visit to Saudi Arabia

------

Khan received Al-Falih at his residence in Jeddah to discuss ways of cooperation between Pakistan and Saudi Arabia.

He also held a meeting with the Secretary General of the Islamic Cooperation Organization (OIC) Dr. Yousef bin Ahmed Al-Othaimeen

Khan, whose Tehreek-e-Insaf party won the July elections, is accompanied by Foreign Minister Shah Mehmood Qureshi and other senior members of his cabinet.

On Tuesday, the former cricketer visited Madinah where he prayed at the Prophet's Mosque.