Dubai offers Lebanese tech startups the opportunity to gain global exposure and investment at one of the world\u2019s most influential technology events, GITEX Technology Week.<\/p>\n\n\n\n
According to a recent report by the UK Lebanon Tech Hub, significant investment is accelerating Lebanon\u2019s USD 400 million knowledge economy, which could add 25,000 ICT jobs and contribute USD 7 billion to the country\u2019s GDP by 2025.<\/p>\n\n\n\n
Complementing international aid efforts in startups, in 2014, the Banque du Liban instituted Circular 331, which provides a potential USD 400 million stimulus for startups. The program reduces risk by guaranteeing up to 75 percent of commercial banks\u2019 equity investments in venture capitalists or startups. Besides, the Beirut Digital District is providing advanced infrastructure and a supportive ecosystem for technology businesses.<\/p>\n\n\n\n
\u201cLebanon\u2019s strong educational standards and embrace of innovation are driving rapid growth in technology companies and startups. The next step for Lebanese tech innovators is to partner with multi-national companies and investors, with GITEX Technology Week providing the keystone for connecting Lebanese companies to emerging markets and investors around the world,\u201d said Louis Gullette, Member of the Advisory Board at the Beirut-based Midis Group, an IT services and solutions provider that operates in emerging markets across the Middle East, Africa, and Eastern Europe.<\/p>\n\n\n\n
GITEX Technology Week hosts more than 4,000 exhibiting companies, 64 participating countries, 230 speakers, and more than 400 startups from over 60 countries. This year\u2019s edition will include the GITEX Global Startup Movement, a dedicated show-within-a-show promoting startups and hosting venture capitalists.<\/p>\n\n\n\n
The opportunity to make global connections is attracting a strong field of innovative organizations from across the region, such as Lebanese mobile app developers Azkatec and Aiia Solutions, Tiqany, a facilities management company that created the ICT infrastructure for the Beirut Digital District, and financial technology provider BML Istisharat.<\/p>\n\n\n\n
Thanks to improvements in ICT infrastructure, Lebanon is increasingly benefiting from its competitive advantage across education and banking and finance, while supporting entrepreneurs and enhancing contacts through Lebanese communities abroad.<\/p>\n\n\n\n
\u201cLebanon and the UAE have long seen robust trade ties, and GITEX Technology Week is committed to taking Lebanese innovations to the next level. Lebanese innovators can find opportunities at GITEX Technology Week to connect with global investors and reach emerging markets around the world, all within only a few hours of Beirut,\u201d said Trixie LohMirmand, Senior Vice-President for Exhibitions and Events Management at Dubai World Trade Centre, which hosts GITEX.<\/p>\n\n\n\n
The GITEX Vertical Days program aims to educate Lebanese CIOs on the disruptive potential of technology in key verticals such as education, energy, finance, healthcare, intelligent cities, marketing, and retail. GITEX Technology Week 2016 will also feature technology innovations in augmented and virtual reality, drones, robotics, and 3D printing.<\/p>\n\n\n\n
GITEX Technology Week will run from 16-20 October 2016 at the Dubai World Trade Centre. See www.gitex.com for more information.<\/p>\n","protected":false},"excerpt":{"rendered":"
Dubai offers Lebanese tech startups the opportunity to gain global exposure and investment at one of the world\u2019s most influential technology events, GITEX Technology Week. According to a recent report by the UK Lebanon Tech Hub, significant investment is accelerating Lebanon\u2019s USD 400 million knowledge economy, which could add 25,000 ICT jobs and contribute USD […]<\/p>\n","protected":false},"author":2,"featured_media":3651,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_meta-robots-noindex":"","_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_pr_autopilot_social_copy":"","_yoast_wpseo_opengraph_title":"","_yoast_wpseo_opengraph_description":"","_yoast_wpseo_opengraph_image":"","_yoast_wpseo_opengraph_image_id":0,"_yoast_wpseo_twitter_title":"","_yoast_wpseo_twitter_description":"","_yoast_wpseo_twitter_image":"","_yoast_wpseo_twitter_image_id":0,"_yoast_wpseo_primary_category":24,"_extra_hide_author_box":"1","_extra_featured_post":"","_partner_post_id":0,"footnotes":""},"categories":[24],"tags":[],"class_list":["post-3649","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","et-has-post-format-content","et_post_format-et-post-format-standard"],"yoast_head":"\n