Ammaan Jordan

The Arab Federation for the Digital Economy opened the activities of the Arab Digital Entrepreneurship Map Conference and Exhibition in the Hashemite Kingdom of Jordan, which it organized in cooperation with Interviable Company in the capital, Amman, in the Hashemite Kingdom of Jordan, and which is held under the auspices of the League of Arab States, during the period from June 23-25, 2024. The Federation participated with a delegation. A high-level meeting headed by Ambassador Mohamed Khair Abdel Qader, Secretary-General of the Union, and representatives of the Union, with the participation of a large group of private sector institutions in Arab countries specialized in the technical, financial, and digital infrastructure services.

For its part, the Arab Federation for the Digital Economy, through Ambassador Mohamed Khair Abdel Qader, Secretary-General of the Federation, gave a keynote speech at the opening session of the conference in which he highlighted the centrality of entrepreneurship in developing economic systems, and that the Arab region needs an integrated incubator environment to enable entrepreneurship to flourish and achieve success. The desired results and achieving the required economic development.

Ambassador Muhammad Khair also stressed that to succeed in promoting a culture and environment supportive of entrepreneurship, Arab countries must have regulatory frameworks that include clear and effective regulations to facilitate business formation and operation, including simplified procedures for starting a business, stimulating tax policies, and intellectual property protection. He also pointed out the importance of providing diverse access to financing, such as venture capital and government investors, noting that in 2020, the United States provided capital investments amounting to approximately $156.2 billion to support entrepreneurship, which reflects the importance of financial support in sustaining and innovating this sector. sector.

The three-day conference included specialized courses and workshops with funds and investment institutions from the United States of America that specialize in the Middle East and North Africa region, and investors and entrepreneurs from different countries participated in it. The workshops also included areas of expanding the Arab digital entrepreneurship map, and various fields of entrepreneurship.