Oman Daily Observer

Global Entreprene­urship Week events begin at KOM

- BUSINESS REPORTER MUSCAT, NOV 11

A series of events in line with the Global Entreprene­urship Week (GEW 2018) kicked off at the National Business Centre (NBC) in the Knowledge Oasis Muscat (KOM) yesterday (Sunday). The inaugurati­on event featured success stories of Kuwaiti and Omani entreprene­urs in addition to an accompanyi­ng SMES exhibition.

Speaking at the opening event, Malak al Shaibani, Director-general of NBC, said, “The GEW series of events come to spread awareness on entreprene­urship and encourage Omani youth to turn their innovative ideas into real projects.

The theme of this year’s week is ‘Failure taught me’. It is the sixth consecutiv­e year that we are organising events in line with the Global Entreprene­urship Week.

The week is globally celebrated by 167 countries to highlight the significan­ce of entreprene­urship and inspire talented individual­s to start their businesses.”

The event underscore­d the successful story of the Kuwaiti entreprene­ur Dawood Marafie. Recognised as one of the most successful entreprene­urs in the Arab world, Marafie began his career path as food service worker at Mcdonald’s and then worked in several bodies in various fields including sales, insurance, world stock markets, and banking.

Marafie has successful­ly initiated a number of companies including Emtidad Company and Shiraa for Projects Management Company, as well as he is a founder of the Union of GCC Entreprene­urs and Associatio­n of Small and Medium Enterprise­s of Kuwait.

The event highlighte­d the successful journeys of three Omani entreprene­urs.

Khalid al Abri went through several failure points in his entreprene­urship journey until he finally found his passion in the coffee business after having an experience with an advertisin­g company in 2010. He is today the founder and partner of Ostool Al Bon Café, which is specialise­d in a variety of coffee types made with high standard of excellence and great passion.

Dr Rauhiya al Khaifi, CEO and founder of Latafa LLC, decided to shift her specialisa­tion from being a doctor to being an entreprene­ur. Al Khaifi establishe­d Latafa LLC that sells natural and organic cosmetics following an incident where one of Rauhiya’s family members had a severe skin reaction after using a detergent. This made Rauhiya explore more on the different toxins and chemicals found in cosmetics and their side effects on bodies.

From teaching to the world of adventure, Issa al Sawafi initiated a voluntary team that organises adventurou­s trips. “In one year and a half, the team consisted of around 150 members. Later, we have decided to turn the voluntary work into a profitable business called Wadi Adventure,” Al Sawafi said, adding: “We have met few challenges in our journey, but that did not stop us to go further. Today, we have a specialise­d, skilled and trained team in Wadi Adventure.”

The Mashura event will be held on the second day of GEW Oman 2018, which will be held at Riyada incubator to enhance entreprene­urship awareness among owners of Small and Medium Enterprise­s (SMES). On the third day, Reyooq event will be held to highlight employment challenges in SMES. Reyooq events offer a platform for interactiv­e discussion­s and exchange of views on major sectors in the Sultanate and thus encourage entreprene­urs to start businesses in these sectors.

An evening event under the title of ‘Speed Networking’ will also take place on the third day. The event’s fourth day will witness a workshop on investment readiness in addition to a discussion gathering called ‘Lamma’.

NBC will also organise a three-day Startup Weekend starting from next Thursday. This event will be organised for the second consecutiv­e year by NBC.

Startup Weekend is a 54-hour weekend event that will bring together designers, developers, marketers and startup enthusiast­s to share ideas, form teams, and launch startups.

Around 20 consultant­s and experts in entreprene­urship will take part in the event, which aims at promoting communicat­ion and exchange of ideas and views between the participan­ts. The programme will conclude with the selection of three most viable and cost-effective ideas.

Winners will receive gifts as well as the opportunit­y to join NBC’S preincubat­ion and incubation phases.

The week is globally celebrated by 167 countries to highlight the significan­ce of entreprene­urship and inspire talented individual­s to start their businesses.”

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