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Technology 1 min read 26 views

ArabNet and Dubai SME Launch Third State of Digital Investments in MENA Report as Sixth Edition of ArabNet Digital Summit Concludes Successfully

The 2nd day of the ArabNet Digital Summit 2018, the MENA's largest gathering of leaders and experts in the digital business, started with the launch of The State of Digital Investments in MENA (2013-2017) record - released in partnership in between ArabNet and Dubai SME. A comprehensive analysis of investors and investments in technology start-ups in the MENA, the 3rd version of the report highlights emerging possibilities and year-on-year trends in the industry.

" The UAE remains to be the entrepreneurial in the Middle East region, standing for the largest number of deals, investors and funding, which are mainly driven by the government's focus on innovation and entrepreneurship," said Omar Christidis, Founder and CEO of ArabNet.

" We are enjoyed be working together with Dubai SME for the 2nd successive year to provide one of the most thorough report on investment in the technology space and to make this knowledge readily available to the wider ecological community. This will certainly assist us in recognizing the development of the industry along with where we can be the most impactful," included Christidis.

The 2nd day of the summit featured the Smart Economy Forum, with Smart Cities New York City and Xische as Knowledge Partners. The full track of the forum discovered visionary overviews for imaginative cities of the future, showcasing five panels with industry leaders from du, the government of Dubai, and City of Amsterdam, among many others. It also saw the launch of the "Expert system Middle East" report, in partnership with Xische. Simultaneously, the summit day presented a whole new forum, Realty Tech, with Du as Strategic Enroller and KAIZEN Property Administration Solutions as Knowledge Partner. It discussed the influence of technology on property and hosted experts from Al-Futtaim Group Property, Emaar, Cavendish Maxwell, and WeLive - WeWork.

On the various other hand, the Investment Forum, with VentureSouq (VSQ) as Knowledge Partner, hosted capitalists and financial backing companies in conversations regarding investing in start-ups, the future of alternative funding and global modern technology fads. The opening panel featured Owl Ventures, Flybridge Capital Partners, ConsenSys Capital, and Urban Us. Moreover, the forum welcomed international speakers, including Jonathan Nelson of Hackers/Founders, Guido Ghedin of Cifnews (China), and Nicolai Strm-Olsen of Startup Migrants and KUNSTforum. The summit also held, on its sidelines, The MatchUp, which is a series of one-on- one meetings between top business executives, and fast-growing regional startups.

For the 2 nd consecutive year, the summit featured the Ending of the ArabNet Startup Championship, highlighting eighteen of the MENA's most encouraging start-ups, hand-picked with local throwing rounds throughout Kuwait, Muscat, Riyadh, Dubai, Beirut, and Casablanca. The championship winner, Sadeed from Dubai - which automates social media customer support utilizing AI without coding experience, got $20,000 in cash money, and a three-week training at TVLP in Silicon Valley, to name a few in-kind prizes. The summit likewise hosted - for the third consecutive year - the Smartpreneur competitors and awards event, arranged by Dubai Chamber of Business together with the Smart Dubai Office. The competition highlighted appealing startups that are lined up with Dubai's technology entrepreneurship vision and could assist the emirate elevate itself into a global platform for innovation-focused organisations. WakeCap won starting point at the Smartpreneur competition, with AED 75,000 in cash money. Intuito and TeleDoc came in 2nd and third place respectively.

The sixth edition of ArabNet Digital Summit concluded with success, bringing together greater than 1,800 guests, 100 speakers, 75 exhibitors, as well as over 100 international and regional investors from throughout the UAE, the wider region and the world. The event's high-level enrollers included Du, OMD, Gulf Funding, Emirates NBD, IDAL, Bayt.com, and Dubai Chamber.

To find out more, browse through: www.arabnet.me/conference/summit

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