Here are headlines that you should know about
1. Lebanese INSEAD student disrupts flight booking industry with twistr.com
Michel Grebnikof, Vlad Oliiynk and Yasar Yilmaz have been congratulated for disrupting the flight booking industry. Together, the group raised USD1.8M in Seed B funding for twistr.com. Twistr will serve as a flight comparison platform, that will help consumers find the cheapest flights and eliminate price discrimination practiced by airlines. Michel, Co-Founder and CEO of Twistr, has three engineering degrees and is focused on strategy and business development, he is of Lebanese and French descent, with Russian origins. Twistr is a STATION F startup, that took part in the INSEAD Launchpad program.
2. Dubai named Middle East's Silicon Valley, by ruler
The ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum, dubbed the emirate as the "Silicon Valley of the Middle East", due to the rise of the entrepreneurial scene. Sheikh Mohammed referenced the budding startup scene, the rise of successful businesses and strategic exists that have taken place in the emirate.
Read the full article on Arabian Business
3. Pharmacies encouraged to go online by Egyptian startup
Inconsistencies in the healthcare industry are prevalent across the world. Those in rural and urban areas have different access to healthcare services. To tackle this issue, an Egyptian startup called Chefaa, offering an e-pharmacy service is changing the market dynamics. With Chefaa, the founders will aid people to order and schedule regular deliveries for medications required.
Read the full article on Wamda
4. First Agritech hackathon to be launched in KSA, by KACST’s Badir Program
The Badir Program, an initiative by the King Abdul Aziz City for Science and Technology (KACST), will launch the first agricultural hackathon in Saudi Arabia this September. With the agricultural sector being a key pillar supporting Vision 2030, entrepreneurs and innovators will come together to devise solutions to drive the industry forward.
Read the full article on Startupmgzn
5. QSTP launching third edition of Arab Innovation Academy
The Qatar Science and Technology Park (QSTP), is inviting university students in Qatar and across the MENA region, to take part in the third edition of the Arab Innovation Academy (AIA) – which is deemed the largest entrepreneurship boot-camp of its kind in the region.
Read the full article on Zawya