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Saudi Arabia is assigned by ITU to manage Arab Network: Technology Incubators to reach new heights

MAGNiTT News 1 year ago - Wed, Jun 12, 2019, 7:57 AM

Saudi Arabia is assigned by ITU to manage Arab Network: Technology Incubators to reach new heights
Author: MAGNiTT

The International Telecommunication Union (ITU), a specialized UN agency in the ICT field, have recently made the Kingdom of Saudi Arabia in-charge of the Pan-Arab Technology Incubator’s Network.

Currently, the ITU Council’s 18th session is taking place, and the announcement was made in the presence of 75 member states’ representatives. The news came through the Saudi Press Agency yesterday.

Saudi Arabia will be represented by King Abdulaziz City for Science and Technology (KACST) and will lead the pan-Arab network through the BADER program for the incubators and tech accelerators.

BADER hopes to implement some exciting projects in the digital entrepreneurship and innovation field in the Arab world, in order to help the growth of entrepreneurs, innovators and startups.

The BADER program for the Arab Network for ICT Incubators and cities is seemingly the most promising project thus far. 22 business incubators along with 19 technical business parks in the Arab world will take part in this program to bring their ideas to limelight and develop strategies to promote the Arab business incubators industry.

The management document of the Pan-Arab Technology Incubator’s Network has been signed by the Director of the ITU Telecommunication Development Bureau, Mr. Doreen Bogdan-Martin, and BADER’s CEO Mr. Nawaf Al-Sahhaf. The Governor of CITC and the Head of the Kingdom’s participant delegation in the ITU council, Dr. Abdulaziz Salim Al-Ruwais was also present during the signing of the documentation.

Dr. Al-Ruwais was very delighted to see the Kingdom becoming the in-charge of the program. He believes this success came on the back of many partnerships the Kingdom has made with ITU over the years.

Following the signing of the project document, the CEO of BADER program Nawaf Al-Sahhaf said: “The ITU selecting the Kingdom confirms KSA’s prominent role in supporting innovation and entrepreneurship in the Arab world and due to its presence in this field, as KACST, represented by BADER program, owns the biggest network for business technology incubators in the Middle East.”

Thus far, the program has launched 8 business incubators in the 7 cities across the Kingdom.


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