Argentine Youths Among Winners of Best Business Plan Award

DUBAI — Four young Emirati and Argentine entrepreneurs were on Wednesday declared winners of the Best Business Plan Award in the Global Business Opportunities (GBO), a pilot initiative of Al Ahli Holdings under the patronage of Shaikh Majid bin Mohammed bin Rashid Al Maktoum.

by

Dhanusha Gokulan

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Published: Sat 25 Oct 2008, 12:06 AM

Last updated: Sun 5 Apr 2015, 7:37 PM

Under the initiative, 20 young potential entrepreneurs from the UAE and Argentina were chosen to come up with a business plan that could be put to reality.

While speaking to Khaleej Times on the sidelines of the awards ceremony, the Chief Executive Officer of Al Ahli Holdings Group, Mohammed Khammas, said: “One of the main objectives of the Global Business Opportunities project is to promote small and medium enterprises in the Arab world. We want to educate and empower the Arab youth to create their own niche in the global economy and become ambassadors of UAE. This is living proof of any two different cultures working together to achieve what has been done today.”

The Best Business Plan Award went to team Madeenaty, an ambitious project focusing on a city for children where they could experience being adults and playing real-life roles in the society.

The team consisted of two 20-year-old Emirati students, Ali Gargash from the American University of Sharjah and Mariam Ahmed Al Ansari from Zayed University.

The Argentine students were Ann Clara Hadad from National University of Rosario and Esteban Galfione from the University of Latin American Education Center.

The team would be assisted by the Arab Business Angels Network (ABAN) to make Madeenaty a reality here in Dubai.

The Argentine Ambassador to the UAE, Ruben Eduardo Caro, who gave away the awards, said that this initiative would improve bilateral relations between UAE and Argentina.

“It is the cultural aspect of the initiative which is most important. Argentina has a culture which is very different from that of the UAE, and as the students interact with each other and share their dreams and plans they will realise that they are not very different from each other. And as they find a common platform the chances of conflict and misunderstanding is a lot lesser,” said Caro.

The runner-up team of Ajyaal had planned a football school for the youth from the Middle East to train as professional players.

dhanusha@khaleejtimes.com


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