The document provides a long list of names of individuals. It does not contain any clear context or narrative to summarize. The names appear to be of people from the Middle East and North Africa region but no other essential information is gleaned from the document.
'Consensus' Book_Celebration of Entrepreneurship_Wamda_AbraajCapital
1. PradeeP ramamurthy Fadi Ghandour Frederic Sicre reza derakhShani
huSSein zahawy Guy manoukian meeSha ShaFi ariF naqvi talvin SinGh
SuPhala ariF lohar Feroz Sanaulla karim djerboa h.e. amr dabbaGh
tony FeGhali anne z. jaFery ahmed tolba dr. ibrahim babelli michael
manSour ahmad youniS Peter heath h.e. Sheikh Sultan al qaSSemi Soraya
Salti SheriF kamel dr. tarek el Sadany rami khouri robert dunn Peter
cleaveS raza jaFar ali raGhda el ebraShi iman bibarS kamal mouzawak
Pamela hartiGan mohammad haj haSSan nabil tarazi amina Slaoui
ibrahim Slaoui Sean Park matt harriS Saad khan cal SimmonS maura
moore ShariF banna jehane noujaim jack PerSekian aShraF Gori dean
obeidallah mohamed el Sawy Peyman Parham al awadhi chriStine codSi
ali ozGun raShid bin Shabib avi bhojani h. e. Sheikh khaled bin zayed al
nehayan GreGory k. erickSen tarek atoui Fadi barGhouti wael attili dr.
uSama Fayyad jim hornthal Fahad al-Sharekh Ferit Sahenk h. e. Sheikha
lubna al qaSimi h. e. Sheikha hanadi al thani naiF al mutawa ahmad humeid
amid abdelnour khurram javed mir mo al adham h.e. reem al haShimy
joichi ito imran khan Sean cleary tony bury S amar dudin oSSama
natto tarek dajani StePhen Garrow judith mchale khater abi habib
habib haddad dr. naSSer Saidi bobby SaGer maher kaddoura Sobhi
batterjee abdulrahman al zanki oSman Sultan rabea ataya mohammad
al ballaa muStaFa Sani Sener wa’d taweel linda rottenberG Fawaz zubi
ahmed el alFi loay nazer nileSh ved Faizal kottikolon helmy abouleiSh
brendan F. wallace mahmoud ali khaSawneh ian FairService waleed al
banawi b.r.Shetty Sahab ahmed bin Shabib neveen el tahri mike caSSidy
naGuib SawiriS ahmed metwally muwaFFa lahham thomaS lundGren
Shahida Siddique chriStoPher Schroeder adel ali mohamed Parham
al awadhi maySoun odeh GanGat Steve Shore mohamed maFooz ziad aly
aySha al mudekhi noor el Fadl huda raShad rami mehdawi monja wolF
wajiha malik Farida kaShdan mohammed el
kalla kamel al aSmar GeorGe khalaF reem
marto Simran Samtani mohammed eidah Savita aPte ahmad al-mutawa
noor alnahhaS abbaS alidine amin anSur ravi bhuSari hanS Schwab
noor aFtab Pankaj jain naSir zubairi kamal haSSan amel makkawi maliha
tabari anaS bukhaSh haSSan azzazy Fouad queblawi huSSain hallak ali
tumbi ahmed bin Shabib nazGol anSarinia mohammed el-Fatatry youSuF
al haShimi raShid al tunaiji ShareeFa Fadhel Stuart hurSt omar Samra
mohammed Sabunchi amir anzur marc andre deSchoux Shihab khalil
4. 60 Spark Sessions - Company Presentations 49 Wamda.com Interviews
CONNECT
143 Articles on CoE
7000 Tweets
MEDIA
INSPIRE 239 Speakers Passion Corner 2-5 Passion Corner 1
5. The CoE at a glance
8-9 November 2010
Blogger Area Connect Café 2400 Celebrants
365 Mentorship Sessions
34 Workshops
64 Wamda.com Knowledge Partners
EMPOWER
Music Breaks1 Pecha Kucha The Corner
6. Foreword
We convened the Celebration of Entrepreneurship In a way, the biggest success of the CoE was to
(CoE) to acknowledge the dynamism and creative demonstrate beyond the shadow of a doubt that
energy of the entrepreneurs of the MENASA region if entrepreneurs in MENASA - young and old - are
(Middle East, North Africa and South Asia). Back given the chance they will respond. The other
in September 2010, it was a bold ‘watch this space’ important thing about the CoE is that the thousands
statement. In November – barely two months later of entrepreneurs who took part discovered that they
– we welcomed 2,400 celebrants together with were part of a broad, powerful and forward-thinking
64 global and regional Wamda.com Knowledge network in their own countries and across MENASA.
Partners. The positive response to our invitation
from 220 speakers and entrepreneurs in just a few The CoE is above all a private sector story. The event
weeks was simply unprecedented. Our Facebook was about what entrepreneurs can do for each other.
and Twitter pages went viral. To anyone who was It was a call to the private sector to get energized
‘watching this space’, we collectively proved that and to dedicate resources. We claim that there is an
the spirit of entrepreneurship does run through the established tradition of entrepreneurs in our region
lifeblood of this region. All it needs to blossom is to and a bright future ahead for entrepreneurship. To
be unleashed and enabled. us, it has been clear for a while now that what the
region really needs is more private sector investment
From the onset it was clear that this could not be yet into SMEs and more private sector involvement
another conference. This ‘Anti–Conference’ needed in shaping enabling environments for budding
to be different and to feel different. ‘Unconventional’ entrepreneurs.
became a guiding mantra. The CoE stimulated the
participation of artists and creative entrepreneurs The private sector will take the lead in nurturing
as symbols of a new wave of networks. We created tomorrow’s entrepreneurs if for no other reason
a highly charged atmosphere where entrepreneurs than the business opportunity it represents: SMEs
from all walks of life could come together as a in the USA account for 50% of GDP vs. 30% in
community, demonstrate potential and generate MENASA. While governments in the region pave the
enthusiasm. way for incubators and universities, the community
of entrepreneurs can already work to stimulate and
create more opportunity.
7. The CoE was stimulating to all those that took The global crisis also brought about a continuing The CoE put the entrepreneurial spirit to work.
part – 99.9% of all surveyed participants confirmed shift in the balance of economic activity away from It was a call to action to the community at large.
that they would recommend the event to a friend. advanced economies and toward developing ones. We encourage others to do the same.
Perhaps it was because it served as a reminder of the In short, entrepreneurship in our region has never
incredible energy within the region. We all felt the looked better. Thanks to the CoE, more people seem The next few pages tell the story of this
potential of the entrepreneurial spirit to improve our to have noticed. memorable gathering and the outcomes that
lives and economies. Entrepreneurs do not just want entrepreneurs proposed to get us started in the
to strike it rich; they also want to play their part in Above all, the CoE represents the beginning of right direction.
forging a new future for the region. something new. A first step of many in the right
direction that launched an unprecedented wave of Arif Naqvi
The CoE was also important because it signaled the optimism on the potential of entrepreneurship. Founder and Group CEO,
possibility for a new direction for entrepreneurship Abraaj Capital Limited
in the region. We all wanted outcomes. This Report The key to a new direction lies in the hands of the
outlines the most significant ones: Wamda.com for entrepreneurs of MENASA and in our youth. They
web-based mentorship and community engagement, will be the dynamic drivers of economic growth and
Riyada Enterprise Development (RED) for financial innovation that create employment and transform
investment from the private sector and the MENASA societies. This requires tools, namely mentorship,
Entrepreneurship Think Tank (METT) in search investment and a regional networking platform.
of new opportunity, innovation and dialogue with By working together through Wamda.com, RED,
governments. the METT and through all of our networks and
communities our region can begin to tap the
Perhaps the CoE was even more significant because immense skill and entrepreneurial talent that exists -
of the global economic context in which it took place. talent that will benefit everyone in the years ahead.
We are all operating in a time when ‘traditional’ no
longer works. There is new risk and there is new The globalization of entrepreneurship is raising
opportunity. Back in 1960 the composition of the the competitive stakes for everyone. In concert,
Fortune 500 was so stable that it took 20 years for we can do more for this region than ever before.
a third of the constituent companies to change. Now Entrepreneurship is a force for good that we
it takes only 4. Ultimately this all boils down to new must collectively harness and spread across our
opportunities for entrepreneurs and investors. We economies.
operate in new formats, new contents.
13. Pradeep Ramamurthy
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huSSein zahawy Guy manoukian meeSha ShaFi ariF naqvi talvin SinGh
SuPhala ariF lohar Feroz Sanaulla karim djerboa h.e. amr dabbaGh tony
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ahmad youniS h.e. Sheikh Sultan al qaSSemi Soraya Salti SheriF kamel
dr. tarek el Sadany rami khouri robert dunn Peter cleaveS raza jaFar
ali raGhda el ebraShi kamal mouzawak Pamela hartiGan mohammad haj
haSSan nabil tarazi Samar dudin amina Slaoui ibrahim Slaoui Sean Park
matt harriS cal SimmonS maura moore ShariF banna jehane noujaim jack
PerSekian aShraF Gori dean obeidallah mohamed el Sawy Peyman Parham
al awadhi chriStine codSi ali ozGun joichi ito raShid bin Shabib avi
bhojani h. e. Sheikh khaled bin zayed al nehayan GreGory k. erickSen Fadi
barGhouti wael attili dr. uSama Fayyad jim hornthal Fahad al-Sharekh
Ferit Sahenk h. e. Sheikha lubna al qaSimi h. e. Sheikha hanadi al thani
naiF al mutawa ahmad humeid amid abdelnour khurram javed mir
julia Peyton -joneS Saad khan Peter heath iman bibarS Frederic
Sicre h.e. reem al haShimy tarek dajani StePhen Garrow judith
mchale khater abi habib habib haddad dr. naSSer Saidi imran khan
bobby SaGer maher kaddoura Sobhi batterjee abdulrahman al
zanki oSman Sultan rabea ataya mohammad al ballaa muStaFa Sani
Sener wa’d taweel linda rottenberG Fawaz zubi Sean cleary ahmed
el alFi loay nazer nileSh ved Faizal kottikolon helmy abouleiSh
brendan F. wallace mahmoud ali khaSawneh ian FairService waleed
al banawi b.r.Shetty Sahab ahmed bin Shabib neveen el tahri mike
caSSidy naGuib SawiriS ahmed metwally oSSama natto muwaFFa lahham
thomaS lundGren Shahida Siddique chriStoPher Schroeder adel ali
mohamed Parham al awadhi PradeeP ramamurthy Fadi Ghandour the
SPy From cairo reza derakhShani huSSein zahawy Guy manoukian
meeSha ShaFi ariF naqvi talvin SinGh SuPhala ariF lohar Feroz
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ahmed tolba dr. ibrahim babelli michael manSour ahmad youniS h.e.
Sheikh Sultan al qaSSemi Soraya Salti SheriF kamel dr. tarek el
Sadany rami khouri robert dunn Peter cleaveS raza jaFar ali raGhda
el ebraShi kamal mouzawak Pamela hartiGan mohammad haj haSSan
nabil tarazi Samar dudin amina Slaoui ibrahim Slaoui Sean Park
matt harriS cal SimmonS maura moore ShariF banna jehane noujaim
16. CELEBRATION OF ENTREPRENEURShIP 2010
P EOP LE LE ADE R SH I P PA S S I ON
Why INspIre?
“The region needs more entrepreneurs” was a sentence repeated
throughout the CoE. It’s a fact that we recognized while planning the
CoE. Recent studies on the region’s economic profile also support the
statement. According to the 2009 Global Entrepreneurship Monitor
Middle East and North Africa Report (GEM MENA) the rates of
involvement in entrepreneurial activity for the MENA countries are
“generally lower than might be expected for countries at their level of
development”.
If the region needs more entrepreneurs it will The overwhelming majority wanted to hear from
have to foster a stronger entrepreneurial spirit. In fellow entrepreneurs as well as from successful
short, it will have to inspire more people to become regional business leaders. The Inspire track became
entrepreneurs. But how does anyone foster the just that; on the one hand The Corner - inspiring
entrepreneurial spirit? Where does their inspiration presentations by successful entrepreneurs and
come from? Who holds the mandate for improving experts, and on the other the Passion Corners - very
the entrepreneurial spirit? informal group discussions to share personal stories.
The Inspire track of the CoE programme aimed to The result was unprecedented. The Inspire sessions
offer private sector answers to those questions. To received the highest rating from the participants at
find the answers we first asked entrepreneurs about the CoE.
the sources of inspiration they appreciate the most.
17. 19
18
i nSP i r e
V ALUES FA I LUR E OU TC OME : ME T T
Rayan Sanabani (right), INJAZ student CEO from Yemen and
Arif Naqvi (left), Founder and Group CEO, Abraaj Capital, UAE
during the closing remarks at the CoE. In true entrepreneurial
spirit, Rayan took the opportunity to deliver a funding pitch to
invest in his student coffee company ´Mocca´. The audience
rewarded him with a standing ovation.
18. CELEBRATION OF ENTREPRENEURShIP 2010
P EOP LE LE ADE R SH I P PA S S I ON
200
FOREcAST
Index of Total Population age 15–64
MENA
160
(100=year 2010)
WORLD
120
100
EAST ASIA
80
40
0
1950
1960
1970
1980
1990
2000
2010F
2020F
2030F
2040F
2050F
YEAR
WORKFORCE GROWTh FORECAST
Source: United Nations Population Division (2008), prepared by PricewaterhouseCoopers for the World Economic Forum.
Who do you INspIre?
According to the GEM MENA Report, most of the With millions of young people projected to enter The CoE was original in that it asked entrepreneurs
entrepreneurial activity in our region is generally the labour market over the coming years, SMEs from all walks of life including artists, scientists,
in the hands of the 25-44 year-olds. These are the are a major reservoir for growth and employment. social entrepreneurs and CEOs to inspire each other.
people driving the Small and Medium Enterprise Entrepreneurs are poised to become the essential Awareness of successful entrepreneurial ventures,
(SME) industry and testing new ventures today. The force of employment and economic growth in especially by young people and by women positively
younger tranche – ‘the -25’ – are the entrepreneurs MENASA. Whatever can be done to increase the influences perceptions of entrepreneurship. In
of the future. Our region’s demographic profile is percentage of young people that want to start general, men are much more likely than women
truly unique in this respect: There are 720 million a business will create more opportunity for our to become entrepreneurs involved in early-stage
of ‘-25’ in South Asia. In MENA, the ‘-25’ represent economies as a whole. In our minds, the more the entrepreneurial activity. According to the GEM
60% of the population or 195 million people. A private sector can do to inspire young entrepreneurs MENA, an average of about 19% men are likely
recent study by Silatech in Qatar reveals that at least today, the better for our region as a whole tomorrow. to start a business. The percentage for women
15% of young Arabs plan to start their own business is only 9%. By offering a plaform to successful
in the next twelve months. That adds up to over 14 women entrepreneurs and to young role models,
million new potential entrepreneurs in one year, in the CoE had a positive effect on a new community
MENA alone. that believes in the promotion and development of
entrepreneurship in MENASA.
19. 21
20
i nSP i r e
V ALUES FA I LUR E OU TC OME : ME T T
100
90
80
70
60
50
cENTRAL &
DEVELOPING
IRAN
ALGERIA
EASTERN EUROPE
ASIA
UAE
SAUDI ARABIA
TUNISIA
SYRIA
MENA
LATIN
AMERIcA
JORDAN
MOROccO
LEBANON
WEST BANK/
GAZA
YEMEN
PERCENTAGE OF RESPONDENTS WhO BELIEvE ThAT STARTING A NEW BUSINESS IS A GOOD CAREER
ChOICE IN ThEIR COUNTRY/REGION
Source: Global Entrepreneurship Monitor 2009, prepared by PricewaterhouseCoopers for the World Economic Forum.
Cultural perceptions on entrepreneurship have been The energy of emerging entrepreneurs in MENASA Looking ahead, one of the most significant outcomes
changing. The fear of failure is still a deterrent for is yet to be fully tapped. Abraaj Capital firmly from the CoE is the creation of the MENASA
some but entrepreneurship is increasingly perceived believes in the opportunity that SMEs represent in Entrepreneurship Think Tank (METT) managed
as a desirable career choice, especially for young our region. We will contribute to raising awareness by the private sector. In a region where metrics and
people. With very few exceptions, a large proportion on entrepreneurship in the region, to encourage thinking on entrepreneurship still lack, the METT
of the population considers entrepreneurship a more people to become involved in the business fills an important gap by raising awareness on the
good career choice and perceives that successful creation process. It was encouraging to see that the powerful economic impact of entrepreneurship
entrepreneurs have high status and respect. inspiration delivered concrete outcomes: 86% of and by improving the environment in which
participants at the CoE acknowledged that they had entrepreneurs start and grow their business.
The Inspire track delivered several interesting achieved a tangible outcome.
conclusions that we summarize in the following There is no better inspiration than the example of the
pages. The first section looks at the importance entrepreneur sitting next to you. The following pages
of people and of teams. Several presentations are filled with the inspiration of entrepreneurs. For
addressed leadership and passion as characteristics the full version of the Inspire session please log-on to
of an entrepreneur. Speakers also focused on the Wamda.com.
ethical values behind entrepreneurship. Perhaps
most importantly, the CoE acknowledged the fear
of failure that prevents many from pursuing their
ideas. Failure is part of the learning curve of an
entrepreneur; it is not the end of the line.