FRA approves establishment of five new firms for investment fund management, SME financing    Sukari Gold Mine showcases successful public–private partnership: Minister of Petroleum    Egypt's Environment Minister attends AMCEN conference in Nairobi    Egypt considers launching national platform to mobilise green financing for private-sector industrial transformation    Egyptian, Belarusian officials discuss drug registration, market access    Egypt's ARC, Italy's AICS sign deal to boost wheat production    Gold prices edge higher on July 16th    Egypt stocks hit record highs in 2025 as reforms fuel rally: Cabinet    Egypt condemns Israeli strikes on Lebanon, Syria    Syria says it will defend its territory after Israeli strikes in Suwayda    Pakistan names Qatari royal as brand ambassador after 'Killer Mountain' climb    Health Ministry denies claims of meningitis-related deaths among siblings    Egypt's Health Min. discusses drug localisation with Sandoz    Egypt, Mexico explore joint action on environment, sustainability    Needle-spiking attacks in France prompt government warning, public fear    Foreign, housing ministers discuss Egypt's role in African development push    Korea Culture Week in Egypt to blend K-Pop with traditional arts    Egypt, France FMs review Gaza ceasefire efforts, reconstruction    CIB finances Giza Pyramids Sound and Light Show redevelopment with EGP 963m loan    Egypt's PM urges BRICS to prioritise peace    Greco-Roman tombs with hieroglyphic inscriptions discovered in Aswan    Egypt reveals heritage e-training portal    Three ancient rock-cut tombs discovered in Aswan    Sisi launches new support initiative for families of war, terrorism victims    Egypt's GAH, Spain's Konecta discuss digital health partnership    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    Egypt's Democratic Generation Party Evaluates 84 Candidates Ahead of Parliamentary Vote    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Cabinet approves establishment of national medical tourism council to boost healthcare sector    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    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.



Singapore's BIGO to launch AI scholarship for Egypt, Saudi, Jordan youth in 2020
Published in Amwal Al Ghad on 19 - 12 - 2019

Singaporean internet technology company, BIGO says it plans to launch a scholarship competition in artificial intelligence (AI) for talented youth in Egypt, Saudi Arabia, and Jordan in 2020.
The winners will gain hands-on-experience at one of BIGO's offices in Singapore, Cairo, or Silicon Valley as part of a 90-day global tour and will have the opportunity to network with some of the world's leading technology professionals, said regional general manager Jackson Liu.
The technology sector is continuing to grow rapidly whereas AI, the Internet of Things (IoT), and Blockchain are poised to offer some of the most exciting and challenging career opportunities for today's youth in the Middle East.
In a closed press meeting in New Cairo last week, Jackson Liu talked about BIGO's apps, number of users, and anticipated plans for the Middle East region in 2020 aiming to attract and employ talented youth.
Liu described Egypt as his more ‘comfort zone' compared with France and Germany. He said Egypt could be BIGO's regional headquarters for Africa, Middle East, and Europe operations, due to the abundance of well-educated young people, attractive business environment, cheaper employment, and the government's ‘very supportive' approach towards foreign investors, he said.
Established in 2014, BIGO operates products and services in more than 150 countries in the world. Its products include BIGO LIVE – a global livestreaming platform, Likee – a global short video creation platform, and imo – a global video communication app.
BIGO's headquarters and regional centres are focused on building Artificial Intelligence capabilities and enhancements specifically for localisation and country-specific requirements.
At present, BIGO has five R&D centres, in Singapore, U.S., Middle East, India, and China, and over 20 offices around the globe. It has three offices in the Middle East region; Cairo, Dubai, and most recently Jordan in addition to another in Turkey. It has also 30 offices in Europe.
Liu said BIGO's imo is the most famous app in the Middle East, notably in the GGC market.
"One-third of the population (in the GCC) use the app for communication." Liu told reporters.
imo is more comprehensive than Skype for it enables users to share content, photos, videos, etc, acting as a social media platform.
‘There are 10 million daily active users of imo in Saudi Arabia," Liu said.
As for the two other applications, Likee and BIGO LIVE, he said they are more used for younger population in the region.
Likee is more like Tiktok and is not a big market for the Middle East. India and Russia are Likee's main markets, he added.
BIGO's Cairo office has managed to double the number of its highly-talented employees from 110 to 242 in 2019, Liu said, adding his company plans to reach 300 or 350 employees at the end of 2020.
The company is committed to keep providing jobs for promising youth in Egypt, Liu said, emphasizing that "Egypt will be main target focus (for) next years."
Asked about plans to move to Egypt's anticipated new capital, Liu said the company is studying plans to relocate there. He hailed the new infrastructure being adopted for the new administrative capital.
BIGO invests in people by identifying talented and motivated individuals that have the strong potential to take their company to new heights of success, he added.
Jackson Liu with Egyptian journalists at BIGO's AI-backed office in New Cairo.


Clic here to read the story from its source.