抖阴短视频

DUBAI: The Kingdom has been investing heavily in startups as 抖阴短视频 focuses on growing its economy to achieve its Vision 2030 objective of moving away from dependency on oil.
Young entrepreneurs are expected to play a key role as the 抖阴短视频n General Investment Authority (SAGIA) tries to boost foreign direct investment.
鈥淰alue impact is very important,鈥� said Dr. Mazin Al-Zaidi, head of innovation and entrepreneurship at SAGIA. 鈥淭hese startups, being able to establish themselves in the Kingdom will have a value impact.鈥�
The King Abdullah University of Science and Technology (KAUST) is hatching different technologies. Its flagship program, the TAQADAM Startup Accelerator 鈥� a partnership with the Saudi British Bank, is a six-month intensive program to help scientists create valuable technologies quickly.
鈥淲e鈥檝e seen really good outcomes in terms of specific technologies, such as in energy or artificial intelligence in the last two cohorts,鈥� said Hattan Ahmed, entrepreneurship collaboration manager in Innovation and Economic Development at KAUST.
鈥淭hey are resolving some key challenges, not just for 抖阴短视频 but the world.鈥� Another startup developed laser lights to help crops grow indoors, he added.
Last year, Sadeem Wireless Sensing Systems 鈥� a KAUST IP-based startup 鈥� won the Global Startup Award at Gitex Future Stars. It describes itself as an 鈥渦rban real-time flood monitoring system to save lives.鈥�
鈥淚t addressed the key challenges in deploying smart city solutions to provide informative analytics to allow decision-makers to control floods in cities,鈥� Ahmed said.
鈥淭he key challenge is for entrepreneurs to take a technology and explore creative ways of deploying it in non-obvious ways.鈥�
The government is making it easier for startups in the Kingdom. 鈥淲hen it comes to entrepreneurship, startups and technologies being developed, it鈥檚 difficult if you don鈥檛 have the connections,鈥� said Mohammed Almajed, adviser to the chairman of the board at the Saudi Technology Development and Investment Company (Taqnia). 鈥淲ith mega-projects, you need credibility, and there are lots of overheads that are impossible for startups to overcome unless there is a government-based company that can minimize the overheads.鈥�

Taqnia builds a supportive community for startups. 鈥淲e鈥檙e capable of bringing partners together to solve one problem,鈥� Almajed said. 鈥淚f you鈥檙e alone, you鈥檒l be swept away so we鈥檙e the network. We have our own ideas and market, and connections with research and development centers, product development centers, that will be accessible to those working with us.鈥�
抖阴短视频 is aiming to be in the top 20 countries measured by 鈥渆ase of doing business鈥� by 2020. 鈥淭his year, 抖阴短视频 had the largest number of reforms in the region,鈥� Al-Zaidi said. 鈥淔or the environment to become healthy, a lot has to be done and we鈥檙e working on it. We鈥檙e heading in the right direction.鈥�
Cura is one startup that promises to transform medical consultation in the Kingdom. It is the first platform in the Middle East planning to give people consultations with one of its 1,600 doctors using real-time chat and live video calls. It is also the tele-medicine provider for the Kingdom鈥檚 Ministry of Health, serving more than 300,000 citizens with 10 contact centers across the country and 400 doctors with around 3,000 virtual visits a day.
Wael Kabli, CEO of Cura, said: 鈥湺兑醵淌悠� wants to increase private sector contribution to the GDP. So they have to bring more companies into the economy and the best way to do that is through entrepreneurship.
鈥淭here has been a big movement happening since last year and we have a huge number of startups today,鈥� he said. 鈥淎 very good example is the increasing number of startups at Gitex this year in comparison with last year.鈥�
Another example is Morni, an interactive mobile application to provide roadside assistance in 抖阴短视频 and the Gulf, a startup founded by Salman Al-Suhaibaney in 2015. 鈥淚n 抖阴短视频, the number of SMEs is relatively higher than corporates 鈥� more than 90 percent of companies are SMEs,鈥� said Al-Suhaibaney, Morni CEO. 鈥淏ut they鈥檙e not contributing more than 2 to 3 percent of GDP, so supporting these SMEs will contribute more to GDP.鈥�
He said that supporting KSA tech businesses would be a great opportunity to further contribute to the Kingdom鈥檚 GDP and help achieve its Vision 2030 objectives. 鈥淭here are a few entrepreneurs coming to 抖阴短视频 now but we鈥檙e looking for high-impact entrepreneurs and we鈥檙e capitalizing on companies that could expand globally from the Kingdom,鈥� he said.
According to MAGNiTT, a database for startup information across Middle East and North Africa, the region has seen continued growth in startups. Disclosed funding for KSA-founded startups rose from $18.8 million in 2016 to $39.8 million in 2017.
鈥淭here is a clear focus at all levels of governments and corporates on the promotion of entrepreneurship and innovation in the Kingdom,鈥� said Philip Bahoshy, founder of MAGNiTT.
鈥淚nnovation is a key driver of an economy鈥檚 diversification while also helping support employment. As one of the largest populations and economies in the region, the Kingdom is prime for the adoption of innovation to support the creation of efficiency for users and companies alike.鈥�
So far this year $32.8 million has been invested, with 97.9 percent of annual growth of disclosed startup funding from 2014 to 2017 in 抖阴短视频. The trend is expected to continue, with more than 15 registered venture capitalists on the platform and more than 10 incubators and co-working spaces across the Kingdom.