|08 December, 2016

New competition offers Saudi entrepreneurs training in digital solutions

Bab Rizq Jameel and Oracle sign MOU in support of Vision 2030 to give entrepreneurs at 2nd MIT Enterprise Forum training to develop a competitive digital ecosystem.

07 December 2016

Bab Rizq Jameel and Oracle sign MOU in Support of Vision 2030 to give entrepreneurs at 2nd MIT Enterprise Forum training in digital solutions and mentorship

Riyadh, Saudi Arabia, 07 December 2016: Oracle Saudi Arabia has signed an MoU with Bab Rizq Jameel, part of Community Jameel to support the 2nd Massachusetts Institute of Technology (MIT) Enterprise Forum startup competition in Saudi Arabia.

The competition aims to help social and business start ups develop a competitive digital ecosystem.  Oracle will host a series of technology sessions; mentor contestants and participate as a guest speaker at the forum. Startups will also be introduced to the latest Oracle digital solutions to driveinnovation and business growth.     

“SMEs account for nearly 60 per cent of total employment in Saudi Arabia so entrepreneurs have an important role in realizing Vision 2030’s strategic economic objectives”, said Thamer Alharbi, Country Managing Director – Oracle Saudi Arabia. “Cloud computing gives SMEs a phenomenal opportunity to take advantage of sophisticated enterprise technology at low cost with relative ease.”

“With MIT EF Saudi, our objective is to create an interactive platform to connect high potential entrepreneurs with incubation and funding programs, besides also providing mentorship and training opportunities to support their growth” said Hashem Daghestani, GM Business Development and Entrepreneurship programs. “Partnering with Oracle and other entrepreneurial minded organizations will enable local entrepreneurs to learn and benefit from their experiences and valuable services”

The MIT Enterprise Forum (MITEF) focuses on attracting high potential social and business start ups. Founded in 2015 with the goal of promoting and enriching the entrepreneurship ecosystem in Saudi Arabia, MITEF aims to celebrate and support all potential startups and entrepreneurs in the Kingdom through the Startups and Ideas Competition.


About Oracle
Oracle offers a comprehensive and fully integrated stack of cloud applications and platform services. For more information about Oracle (NYSE:ORCL), visit oracle.com.


Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Gaurav Bhatnagar
Director, Corporate Communications – Middle East & Africa
+971 55 100 1407

Bab Rizq Jameel

Bab Rizq Jameel, as part of Community Jameel, foremost goal is to provide job opportunities to men and women through its variety of programmes in their 36 branches spread over Saudi Arabia, United Arab Emirates, Egypt, Morocco, and Turkey. The programmes are:

1.     Productive family

2.     Small business finance

3.     Direct recruitment

4.     Training resulting in employment

5.     Working remotely

6.     Taxi ownership

7.     Truck ownership

8.     Stadium Jobs

9.     Sales outlet

10.  Franchise

BRJ website: http://babrizqjameel.com/ar

Twitter: @BabRizqJameel

Facebook: facebook.com/BabRizq

Community Jameel

Established in 2003, Community Jameel is a social enterprise organisation that operates a wide range of initiatives to promote a positive society and economic sustainability. From individual, community and Arab life as a whole, in Saudi Arabia and beyond, Community Jameel promotes Arab arts and culture in the Middle East and around the world, works against unemployment, enables research for poverty alleviation and food and water security, and provides education and training opportunities.

Community Jameel supports and partners with global institutions, which employ hundreds of people, all aiming to provide people with op­portunities and training in the following areas:

•       Job Creation – Bab Rizq Jameel

•       Arts and Culture – Art Jameel

•       Global Poverty Alleviation

•       Food and Water Security

•       Education and Training

•       Health and Social

For further information, please check www.cjameel.org

For more information, please contact:
Abir Ben Bechir
Community Jameel International
Mobile: +971 55 1012621 
Email:  a.bechir@alj.ae

© Press Release 2016

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