Russian court seizes $13m from JPMorgan, Commerzbank    Germany's March '24 manufacturing orders dip 0.4%    Egypt issues EGP 4b in fixed coupon T-bonds    EGP stable against USD in Tuesday early trade    Amazon to invest $8.88b into Singapore cloud infrastructure    State-run exchange offices accumulate EGP 22.3bn in foreign currencies post-flotation    Egypt leads MENA surge as Bitget Wallet sees 300% growth    Health Ministry on high alert during Easter celebrations    Egypt's Communications Ministry, Xceed partner on AI call centre tool    Egypt warns of Israeli military operation in Rafah    US academic groups decry police force in campus protest crackdowns    US Military Official Discusses Gaza Aid Challenges: Why Airdrops Aren't Enough    US Embassy in Cairo announces Egyptian-American musical fusion tour    Chubb prepares $350M payout for state of Maryland over bridge collapse    Egypt, France emphasize ceasefire in Gaza, two-state solution    Japanese Ambassador presents Certificate of Appreciation to renowned Opera singer Reda El-Wakil    Health Minister, Johnson & Johnson explore collaborative opportunities at Qatar Goals 2024    Sweilam highlights Egypt's water needs, cooperation efforts during Baghdad Conference    AstraZeneca injects $50m in Egypt over four years    Egypt, AstraZeneca sign liver cancer MoU    Swiss freeze on Russian assets dwindles to $6.36b in '23    Amir Karara reflects on 'Beit Al-Rifai' success, aspires for future collaborations    Climate change risks 70% of global workforce – ILO    Prime Minister Madbouly reviews cooperation with South Sudan    Egypt retains top spot in CFA's MENA Research Challenge    Egyptian public, private sectors off on Apr 25 marking Sinai Liberation    Debt swaps could unlock $100b for climate action    President Al-Sisi embarks on new term with pledge for prosperity, democratic evolution    Amal Al Ghad Magazine congratulates President Sisi on new office term    Egyptian, Japanese Judo communities celebrate new coach at Tokyo's Embassy in Cairo    Uppingham Cairo and Rafa Nadal Academy Unite to Elevate Sports Education in Egypt with the Introduction of the "Rafa Nadal Tennis Program"    Financial literacy becomes extremely important – EGX official    Euro area annual inflation up to 2.9% – Eurostat    BYD، Brazil's Sigma Lithium JV likely    UNESCO celebrates World Arabic Language Day    Motaz Azaiza mural in Manchester tribute to Palestinian journalists    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Arab IT start-ups, entrepreneurs meet at Beirut conference
Published in Almasry Alyoum on 25 - 03 - 2010

Beirut--If you believed Arab internet-based companies were invisible, the ArabNet Conference that began in Beirut on Thursday may just prove you wrong. The two-day event will feature over 500 participants, including major firms from both inside and outside the region, online entrepreneurs, social media professionals, trainers, financiers and businesspeople.
Its emphasis on start-ups is the event's strong point, and what makes it unique. It has succeeded in bringing leading names in the tech industry--such as Yahoo!, Google, Cisco, Aramex and Intel, among others--together with young entrepreneurs, future businesspeople and internet professionals. The fast paced event will be structured around eight panels of speakers, a start-up demo and an “Ideathon,” during which innovative participants will have two minutes to pitch their ideas to the audience.
The excitement is palpable. The conference is, after all, a long-awaited precedent.
"It's a great event," Aramex CEO Fadi Ghandour told Al-Masry Al-Youm. “We support entrepreneurship--it's what we do. We believe in entrepreneurship and we're acting on what we believe in."
ArabNet conference founder Omar Christidis described the event as "a meeting place for executives and a platform for launching startups.”
“The multi-faceted aspect of the conference is definitely by design. We wanted everyone involved; to get people excited and get them to participate," said Christidis. "Every participant is part of a puzzle, trying to connect with the other pieces. Startups may be seeking financing and mentors, while bloggers want to connect with industry leaders."
As the event's opening sessions unfolded, the role of the government in developing--or, according to some critics, impeding--internet businesses became a recurrent theme.
Lebanese Minister of Communications Charbel Nahhas confirmed his government's commitment to “provide the physical and technical requirements to take advantage of the internet, such as connectivity, bandwidth and communications innovations." He summarized the Lebanese government's mission as “providing the conditions necessary for fertile soil."
Samih Toukan, founder of Maktoob.com--recently bought out by Yahoo!--and CEO of the Jabbar Group, attempted to find a silver lining in the lack of support provided by some governments of the region.
“Governments aren't promoting the internet as they should," he said, while pointing out that such complications can be turned into opportunities. “local knowledge is one of the things that makes our companies interesting" to would-be investors and potential buyers, he added.
Only Nizar Zakka, secretary-general of Arab ICT organization Ijma3, broached the issue of state control of the internet. “Technology is halted because of security," he declared in the opening session.
But rather than lobby for the abolition of state control of information, Zakka believes that “monitoring is okay. If there's a risk, they should protect the community," he told Al-Masry Al-Youm. "The problem is that security organizations don't have the technology to monitor, so they just shut you down preemptively."
Zakka went on to call for an acceptable middle ground. “We're in favor of security, but it has to be done in a discreet way, in a proper way, in order to safeguard personal information."


Clic here to read the story from its source.