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Eureka! GCC 4th Edition Announces Competition Lineup: 30 Semi-Finalists to Shape the Future of Entrepreneurship
Eureka! GCC 4th Edition Announces Competition Lineup: 30 Semi-Finalists to Shape the Future of Entrepreneurship

Mid East Info

time26-05-2025

  • Business
  • Mid East Info

Eureka! GCC 4th Edition Announces Competition Lineup: 30 Semi-Finalists to Shape the Future of Entrepreneurship

Eureka! GCC 4th Edition Announces Competition Lineup: 30 Semi-Finalists to Shape the Future of Entrepreneurship 300+ startup registrations lead to selection of Top 30 semi-finalists in 4th edition of Eureka! GCC • Finalists to compete for prizes worth $100,000 at Grand Finale, 28-29 May 2025, Al Habtoor City Hotel Collection, Dubai 26th May 2025, Dubai (UAE) – Eureka! GCC , Asia's leading business model competition, returns to Dubai this year with a bigger platform and broader ambitions to champion the Gulf's most promising startup ventures. Now in its 4th edition, Eureka! GCC is being held under the patronage and in the presence of H.E. Sheikh Nahyan bin Mabarak Al Nahyan, Minister of Tolerance & Coexistence, and with the attendance of H.E. Sunjay Sudhir, Ambassador of India to the UAE, further underscoring the platform's regional and diplomatic significance. Since its inaugural edition, Eureka! GCC has evolved steadily into a transformative force for early-stage businesses, fostering entrepreneurial growth and community-driven innovation across the region. The competition has drawn over 300 registrations from across the GCC and beyond, reflecting the region's rising entrepreneurial momentum. After a rigorous evaluation process, the Eureka! GCC team has shortlisted the Top 30 semi-finalists, spanning sectors from health-tech and fintech to sustainability, AI, and education technology. Standout ventures include Nema AI, developing AI-driven healthcare diagnostics; Payvista, offering next-generation fintech solutions for underserved markets; and Instawrap Technical Services, creating sustainable alternatives to traditional packaging. Participants this year represent a truly global mix, with startups from the GCC; UAE, KSA, Oman and from international markets such as India, Jordan, Turkey, the UK, and Pakistan. The semi-finalists receive an intensive Entrepreneurship Program, featuring hands-on workshops, speaker sessions led by industry leaders, and one-on-one mentorship. They also benefit from tailored guidance to sharpen their strategies and pitches ahead of the final stages. At the Elevator Pitch round in Dubai, the 30 semi-finalists present their ideas live before an audience of mentors and investors. The Top 10 finalists advance to the final phase of the competition, pitching their refined business models to a distinguished panel of jury members. The Grand Winners, including First Place, Second Place, and the Startup Nominee Award, will be announced during the Grand Finale's Gala Dinner, with a total prize pool of USD 100,000. Among the notable speakers engaged in this year's program are Trey Goede, GCC Start Up Investor/Mentor; Deepak Ahuja, CEO & Co-founder of iACCEL GBI; and Rajesh Garg, CFO of Landmark Group — all offering invaluable insights on scaling startups, fundraising strategies, and navigating the Gulf's evolving business landscape. GII's associate partners for Eureka! GCC – iACCEL GBI, Crowe UAE, Headstart, Its Her Way, Encubay, LaunchShe, Startup Middle East, Diwan Hub, Bits Pilani and Ecobee – have also been instrumental in providing mentorship, training, and investment opportunities that are shaping the region's next generation of entrepreneurs. Commenting on the 4th edition, Pankaj Gupta, Co-Founder and Co-CEO of GII and Co-Founder of Eureka! GCC, said: 'At GII, we believe that entrepreneurship is the driving force shaping the Gulf's economic and social future. Each year, we are humbled by the boldness, ingenuity, and resilience we see among our young entrepreneurs. Their ventures are solutions to real-world challenges and catalysts for lasting impact. We are proud to stand behind this movement, alongside the visionary support of Dubai's leadership and our partners across the region.' As Eureka! GCC 4th edition moves toward its grand finale, the spotlight remains firmly on the ideas and individuals reshaping the Arabian Gulf's entrepreneurial future. With an expanded focus on emerging sectors and deeper mentorship engagement, this year's competition is building a dynamic, innovation-driven ecosystem across the region, encouraged by Dubai's benevolent business-led environment. -end- About Eureka! GCC Eureka! was founded by the Entrepreneurship Cell of the Indian Institute of Technology (IIT) Bombay, a leading worldwide technology body, and powered by GII, a leading UAE-based Shari'ah-compliant global alternative investment company with over US$3.5 billion of assets under management. Eureka! GCC aims to enable a low-risk environment to boost entrepreneurship, bridging the gap between ideas and enterprise to facilitate a seamless transition between the two. About GII GII is a leading Shari'ah-compliant global alternative investment company. With over $3.5 billion of assets under management, GII seeks to achieve superior, sustainable returns and long-term value for its investors and shareholders by investing in curated growth and income-generating opportunities. GII believes in 'innovation with a purpose' and works to build the sustainability of the ecosystem in which it operates. Under the leadership of a committed management team, supported by prominent shareholders from the Arabian Gulf region, GII deploys private capital across diverse alternative asset classes, including real estate, private equity, and venture capital. GII's client network includes UHNWIs, family offices, banks, institutions, and sovereign wealth funds in the GCC and Asia. GII is headquartered in the United Arab Emirates. Its UAE entities are regulated by the Securities and Commodities Authority (SCA), the Dubai Financial Services Authority (DFSA) and the Financial Services Regulatory Authority (FSRA). -end-

Sustainable supply chains are imperative to withstand trade disruptions, says Sheikh Nahyan
Sustainable supply chains are imperative to withstand trade disruptions, says Sheikh Nahyan

Khaleej Times

time16-04-2025

  • Business
  • Khaleej Times

Sustainable supply chains are imperative to withstand trade disruptions, says Sheikh Nahyan

In the face of increasing global trade disruptions, the need for sustainable, data-driven supply chains has never been more critical, Sheikh Nahyan bin Mabarak Al Nahyan, the UAE Minister of Tolerance and Coexistence, said on Wednesday. During his keynote address at the International Procurement and Supply Chain Conference (IPSC 2025) held in Dubai, Sheikh Nahyan articulated the urgent need for supply chains that are not only resilient and efficient but also adaptable to rapid changes driven by technological advancements, market dynamics, and geopolitical factors. 'In this globalised world, we must have supply chains that can respond to freer trade, technological advancements, and the forces of market economies. They must be sustainable, resilient, secure, innovative, data-driven, and cost-efficient,' he said. Organised by Blue Ocean Corporation, a leader in supply chain training and consulting, the conference brought together over 650 international delegates, including procurement experts, policymakers, and industry innovators. Sheikh Nahyan highlighted the UAE's commitment to sustainability and innovation and paid tribute to the nation's leadership for their visionary contributions to infrastructure and economic resilience. He noted that procurement systems are vulnerable to unforeseen global circumstances, making it the collective responsibility of governments and businesses to ensure these systems remain beneficial for society and the planet. The theme of IPSC 2025, 'Redefining global trade: The UAE shaping sustainable supply chains for the future,' resonated throughout the event. Dr Sathya Menon, Group CEO of Blue Ocean Corporation, underscored the importance of adopting carbon-negative regenerative supply chain models. 'Regenerative supply chains are increasingly seen as a solution for trade disruptions such as climate change and geopolitical bottlenecks. They emphasise local procurement, reducing logistics costs and carbon emissions while supporting local economies,' he added. Experts at IPSC 2025 discussed how digitally empowered local procurement fosters economic empowerment and innovation. For instance, Dubai's DubaiNow app has unified procurement across over 40 government entities, enhancing efficiency and transparency in public spending. Nabil Sousou, vice president and chief procurement officer for Africa, the Middle East, and South Asia at PepsiCo, highlighted the impact of the In-Country Value (ICV) Program, which has redirected Dh145 billion into the UAE economy since 2018, showcasing the shift towards national value creation and digital excellence. The conference also featured prominent figures such as Sourav Ganguly, former captain of the Indian cricket team, and Amruta Devendra Fadnavis, a renowned social activist and Chairperson of the Divija Foundation. Ganguly emphasised the importance of teamwork in both sports and business, stating, 'Success isn't won alone. True leaders should lift others up.' His presence underscored the UAE's role as a leader in promoting global cooperation across various sectors. 'More than a trade hub, the UAE is a global pacesetter. The discussions at IPSC 2025 have laid the groundwork for supply chains that thrive sustainably, and we're proud to drive this momentum forward,' said Abdul Azeez, group chairman of Blue Ocean Corporation.

Dubai to create history with hosting of 12 Nobel Peace Prize laureates on a single stage
Dubai to create history with hosting of 12 Nobel Peace Prize laureates on a single stage

Zawya

time12-04-2025

  • Entertainment
  • Zawya

Dubai to create history with hosting of 12 Nobel Peace Prize laureates on a single stage

Abdessattar Ben Moussa: Ensure social justice, address poverty and unemployment to secure sustainable peace Summit to release 'Peace Charter: Love Letter to Humanity' as guiding principles of justice, love and peace Dubai: Dubai is set to make history as it becomes the stage for a rare congregation of 12 Nobel Peace Prize laureates on a single stage discussing world peace and justice at the world's largest peace conference, Global Justice, Love & Peace summit, at Expo City Dubai on April 12 and 13, 2025. The Nobel Peace Laureates Session on the second day of the summit featuring 12 Nobel Peace Prize laureates is expected to moot a new world order and a framework inspired by non-violence, truth and universal justice to shape a future that fosters equity, dignity and sustainability for all. His Excellency Sheikh Nahyan bin Mabarak Al Nahyan, Cabinet Member, Minister of Tolerance & Co-Existence, UAE, will be the Chief Guest. Ahead of the Summit, Lech Wałęsa, former President of Poland and Nobel Peace Prize laureate, said: 'There is need for new world order founded on peace, justice, and shared human values. There is the necessity of building a global framework that harmoniously integrates freedom, human rights, and universally accepted values.' 'We are in an era of discussion and while we are facing challenges that very discomfort helps us search for better paths forward. It's through open dialogue that we'll find common ground,' said Wałęsa, who envisions a reformed international governance structure, potentially building upon the existing United Nations framework, to ensure global peace and justice. Themed 'One Planet, One Voice: Global Justice, Love and Peace', the summit, will bring together Royalties, heads of states, Chief Justices, top industrialists, business leaders, religious and spiritual leaders, visionaries, renowned authors, thought leaders, sports champions and film stars with a mission to foster justice, love and peace. 'We are proud to bring together the Nobel laureates to visualize a paradigm shift from a world dominated by competition and violence to one driven by collaboration, fairness, justice and non-violence,' said Dr Huzaifa Khorakiwala, Chairman of the World Peacekeepers Movement, the organisers of the Summit. Abdessattar Ben Moussa, lawyer and human rights activist and 2015 Nobel Peace Prize laureate, called upon world leaders to ensure social justice and sustainable economic development, address poverty, unemployment and disparities in resource distribution as a precondition to ensure sustainable peace. 'Leaders should strive and invest in education to promote the value of tolerance and mutual respect in the family, school and community. They should also adopt dialogue and resolve conflicts through peaceful means,' said Ben Moussa, who will be in Dubai along with other 11 Nobel Peace Prize laureates. His Excellency Dr Ali Rashid Al Nuaimi, UAE Parliamentarian and Educator, Chairman, Defense Affairs, Interior & Foreign Affairs Committee, UAE Federal National Council, will also participate in the summit. 'Without peace, there is no stability and certainly no prosperity and suffering abound. Peace has, unfortunately, become in some parts of the world, a political expediency. There are, however, some examples of economies that have thrived through a culture of peace and where investment has been made in building infrastructure and improving livelihoods as opposed to feeding a war economy,' said Ameenah Gurib-Fakim, Former President of the Republic of Mauritius, who will be moderating a session 'Beloved Mother Earth, Our Home: Can Love for the Planet Inspire a More Sustainable Future?' on the first day of the Summit. Among the prominent personalities attending the summit are: Jose Manuel Ramos Horta, President, East Timor & Nobel Peace Laureate, 1996; Lech Walesa, former president of Poland, and Nobel Peace Laureate 1983; Sacha Jafri : British, UAE : Artist & Humanitarian, His Royal Highness Oheneba Nana Kwame Obeng II, Ghana; His Royal Highness Dr Rina Telesphore, Prince, Madagascar, Dr. Habil Khorakiwala, Chairman, Wockhardt Group, Dr Khalid Al Ghanim Al Ghaith, Secretary General, Human Committee of Human Fraternity, UAE The summit will conclude with the proclamation of a 'Peace Charter: Love Letter to Humanity' as guiding principles of justice, love and peace, covering justice and equality, dialogue and cooperation, education and empowerment, freedom, leadership and responsibility.

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