Gulf Bank sponsors INJAZ Al-Arab’s 2014 ‘Young Entrepreneurs Competition’

Gulf Bank has concluded its sponsorship of INJAZ Al-Arab’s “Young Entrepreneurs Competition” 2014 for student companies. The competition was held under the patronage of H.H. the Amir Sheikh Sabah Al Ahmad Al Jaber Al Sabah and held in the presence of His Excellency Sheikh Mohammad Abdullah Al-Mubarak Al-Sabah, Minister of State for Cabinet Affairs and in collaboration with the Ministry of State for Youth Affairs on the 2^nd and 3^rd of December 2014, at the Regency Hotel in Kuwait. High School and University students representing various regional countries participated in this two day event to showcase their businesses and expand their creative and educational capabilities. 

The “Young Entrepreneurs Competition” is an annual event organized by INJAZ Al-Arab that is attended by national winners from a wide range of countries across the region.  This year 18 participating groups of students from 13 countries were given the chance to set-up their own companies and market their products, under the guidance of volunteer experts and professionals, and then presented their companies individually to a panel of judges. Gulf Bank’s General Manager – Human Resources, Salma Al-Hajjaj, took part in the High School Student Companies panel of judges along with Ramzi Abdel Jaber, Managing Director & Corporate Development Head, Investcorp; Taha Khalifa, Regional General Director, Intel, MENA. 

The panel of judges chose ‘Nobogh is Genius’ Company from KSA for Best Student Company of the Year for schools category and ‘Dawayer Studio’ from Egypt won the same award for universities category; the award was sponsored by Gulf Bank and presented to the winners by César González-Bueno, CEO of Gulf Bank and Ahmad AlShugairi, TV Presenter, and CEO, Aram Alihsan. Other winners included Recycle Coffee Company from Morocco, Jothor Company from Oman, Go Kids from Kuwait, Yelena Candle Company, Sunlight Company from Palestine and Dawayer Studio from Egypt. 

The competition aims at encouraging young students to consider a business career and to educate them about the opportunities and skills associated with establishing a business and becoming young entrepreneurs.  The competition is interactive and provides the students with many opportunities to collaborate and learn from each other. 

The Bank continues to sponsor INJAZ Kuwait as part of its commitment to encourage and develop professional business skills amongst youth. INJAZ Kuwait is a non-profit organization dedicated to the advancement of young business talent.