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  • 06 Oct 2015 12:39 PM | Anonymous member (Administrator)


    [Image eligible] Our friends @TechWadiorg & @GoogleForEntrep team up to bring top Silicon Valley mentors to help local startups! RSVP:

    Our friends @TechWadiorg & @GoogleForEntrep team up for MENA Roadshow! RSVP: #SV2MENA


    [Image eligible] Our friends @TechWadi (FB/G+) and @GoogleforEntrepreneurs (FB/G+) are teaming up to connect Silicon Valley pioneers with rising entrepreneurs in the Middle East.

    The “TechWadi Roadshow” is a series of bootcamps across the region that will bring mentors, tech experts, and entrepreneurs to visit startup ecosystems across the Middle East.

    Learn more and RSVP to join us here:   #SV2MENA

    TechWadi Announces Middle East Mentor Roadshow Powered by Google For Entrepreneurs

    Christina AshtaryProgram Manager, Ecosystem Engagement

    Sep 23,2015


    SAN FRANCISCO  ­-  TechWadi announced it will embark on a t​en­ day traveling roadshow in mid­ October to bring leading Silicon Valley technology experts, mentors, and entrepreneurs to meet with budding startups across the Middle East.

    The “TechWadi Roadshow” will consist of four, two day ­long educational workshops led by TechWadi and powered by Google for Entrepreneurs that will bring experienced entrepreneurs and technology professionals to mentor local startups in AmmanCairoBeirut, andDubai. The mentors will include seasoned professionals from companies like Google, Yahoo, Facebook, as well as founders of various Silicon Valley startups.

    Over the past several years, the Middle East and North Africa (MENA) region has seen a rise of tech entrepreneurship as its local ecosystem has developed and matured – giving birth to riveting, homegrown technology, and companies like Fetchr, who recently received $11M series a funding led by U.S. backed ventures. And the numbers support this growth: since 2009, there has been a threefold increase in the number of investments into MENA startups.

    “As an Egyptian American, I’ve spent plenty of time in the Middle East, but only started engaging with the tech ecosystem this year,” said Sharif El­Badawi, Google employee, current TechWadi Head Mentor, and one of the mentors joining the Roadshow. “The appetite and need for Silicon Valley connections, knowledge, and know­how is enormous, and TechWadi is stepping in at the perfect time.

    Each stop on the Roadshow will offer two days of engagement with traveling mentors for the local entrepreneurial community. The first day will be open to all interested tech entrepreneurs, featuring mentor­led technical discussions followed by questions from the audience. The second day will focus on small group of startups selected by local accelerator and incubator partners, who will receive one­on­one mentorship meetings and participate in an interactive workshop led by an experience designer from Stanford University’s Hasso Plattner Institute of Design.

    The TechWadi Roadshow was developed in partnership with Google for Entrepreneurs (GFE) ­ a division of Google designed to support entrepreneurial ecosystems ­ as an opportunity to expand outreach to the MENA region. As a Google for Entrepreneurs partner, TechWadi sits alongside Dubai ­based Astrolabs and Palestine’s Gaza Sky Geeks, two regional organizations working with local entrepreneurs on the ground, as well as the MIT Enterprise Forum ­ Pan Arab Competition, of whose annual winners currently receive TechWadi acceleration in Silicon Valley.

    “Google for Entrepreneurs is focused on helping startups to succeed and grow, and we’re delighted to be working with our partner TechWadi to bring high quality programming and education to some of the most exciting ecosystems in the Middle East,” said Google for Entrepreneurs Senior Partnerships Manager David Grunwald.

    The roadshow is set to take place just weeks following T​echWadi’s Annual Forum in San Francisco, where the organization will convene some of the most successful Silicon Valley Arab entrepreneurs, visiting regional start­ups, and diaspora entrepreneurs and tech professionals looking to network with TechWadi’s high impact crowd.

    While TechWadi’s recent activities have been focused primarily on Silicon Valley acceleration for top global market start­ups, this roadshow marks the organization’s new MENA­forward approach to bring a larger slice of Silicon Valley directly to the region’s budding entrepreneurs. Following the roadshow, TechWadi will launch a virtual conferencing series connecting Silicon Valley mentors to locally­hosted events, as well as an online mentorship platform and amped­up online resources for its members based in the MENA region.

    “We’re extremely excited and eager to bring some of our top mentors from Silicon Valley to where they are needed the most: the region – for maximum exposure and outreach to the brightest entrepreneurs of the Arab world,” said Christina Ashtary, Program Manager at TechWadi. “We look forward to the roadshow kicking off a wide­open bridge for increased access for MENA entrepreneurs to the tech capital of the world.”

    About TechWadi

    TechWadi is the leading non­profit organization building bridges between Silicon Valley and the MENA region to promote tech entrepreneurship through mentorship opportunities, Silicon Valley acceleration, and community­based networking. From its beginnings as the community of top Arab American technology professionals in Silicon Valley, TechWadi has evolved into a powerful global platform to s build a robust tech ecosystem in the Middle East. To learn more about TechWadi or get involved, visit ​or follow us on Twitter (@​TechWadiorg)​.

    About Google for Entrepreneurs

    Google for Entrepreneurs provides financial support and the best of Google’s resources to dozens of coworking spaces and community programs across 125 countries. We also create Campuses: physical hubs where entrepreneurs can learn, connect, and build companies that will change the world. To learn more about Google for Entrepreneurs,

    visit g​ or follow us on G+ (+​GoogleForEntrepreneurs)​and Twitter (@​GoogleForEntrep)​.

    For press­related inquiries, please contact:

    Christina Ashtary, TechWadi





    In partnership with:

     Zain-Logo Techhub Logo

  • 22 Sep 2015 3:49 PM | Anonymous member (Administrator)


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  • 16 Sep 2015 12:59 PM | Anonymous member (Administrator)

    LebNet promo code: code: twpartner6178 for 20% off

    Can't see this email? View online
    Stay Connected
    1st TechWadi Bridge Forum June 2014

    NEW: Investing in MENA Panel

    Since 2009, there has been a three-fold increase in investments in MENA startups. Hear the latest from the region's leading VCs on the current investment landscape, sector trends, and economic outlook.

    Moderated by: Dr Ossama Hassanein (Chairman, Rising Tide Fund & TechWadi Board of Directors).

    Register to TechWadi's fifth Annual Conference

     Event Schedule
    Join us on September 26th at Fort Mason in San Francisco for the TechWadi Annual Forum: an action-packed conference of keynote speakers, panels, and fireside chats with Silicon Valley leaders and community ecosystem tech stars. 

    >> Get Your Tickets Now!

    ***Paid TechWadi Members: a special promo code was sent out to you for your member discount. Please contact us with any questions.***
    9:00 Welcome & Opening Remarks
    Rana El Kaliouby (CSO, Affectiva & Co-Chair, TechWadi)
    9:30 Arab Success Stories in Silicon Valley
    Louay Eldada (CEO & Founder, Quanergy), Omar Tawakol (CEO, BlueKai), and Ali Diab (CEO, Collective Health) 
    10:30 MIT Startup Pitches 
    10:45 The Future is Bright for MENA
    Dave McClure, (Founding Partner, 500 Startups)
    11:15 Fueling Investments in MENA
    Ahmed Alfi (Chairman & Founder, Sawari Ventures), Hala Fadel (Partner, Leap Ventures), Fadi Ghandour (Managing Partner, Wamda Capital),  moderated by Dr. Ossama Hassanein (Chairman, Rising Tide Fund & TechWadi Board of Directors)
    12:00 Fireside Chats Hosted by Sharif El-Badawi 
    (Partner Lead VCs & Startups, Google & TechWadi Board of Directors)
    #1 with Ronaldo Mouchawar (CEO & Founder,
    #2 with Reyad Fezzani (CEO, Regenerate)

    12:45 Lunch Break
    1:45 Big Data
    Usama Fayyad (Chief Data Officer, Barclays & Founder, Oasis500)
    2:15 Challenges Facing MENA Startups: Stories From the Field
    Amr Shady (Founder/CEO, Reveel Inc. & Chairman, TA Telecom), Karim Samakie (BizDev Advisor, Sajilni & Former Investment Manager, Oasis500), Saeid Hejazi (Founder, Wally), Moderated by Zafer Younis (Venture Partner, 500 Startups & Founder, The Online Project)
    2:55 MIT Startup Pitches 
    3:05 Rising Tech Sector Across the Middle East
    Chris Schroeder (Advisor & Venture Investor), Yasi Baiani (Senior Product Manager, Fitbit),  Amir Zarkesh (President & Co-founder, Bluechip & Co-founder, iBridges)
    3:50 Tech Media: Innovation and Impact
    Rama Chakaki (Founder, BarakaBits & TechWadi Board Member), Peri Abou-Zeid (Co-founder, MoviePigs & Qabila Media Productions), Anna Stillwell (Learning & Organizational Development, Wikimedia
    4:30 MIT Startup Pitches
    4:45 Techonomic Development: Stability, Education, and Growth for the Developing World
    Mohammad Gawdat (VP of Business Innovation, Google X & Co-Chair, TechWadi), Salwa Mohammad (Director of Student Services, Udacity), Moderated 
    by Deena Shakir (New Business Development, Google & TechWadi Board Member)
    5:30 Closing Remarks
    Member Volunteer

    TechWadi Sponsors

  • 16 Sep 2015 12:53 PM | Anonymous member (Administrator)

    I want to invite you and the LebNet community, to Start the first ever conference dedicated to living our passions. 

    Jessica Semaan

    Founder The Passion Company

  • 11 Sep 2015 7:11 AM | Anonymous member (Administrator)

    Video Feature: Get the Broader View From a Smartphone Camera

    SEPTEMBER 9, 2015

    App Smart


    Summer has waned. The children are back in school. Some of you may be looking back at the vistas in your summer holiday photos and already plotting the next getaway.

    If so, there is one kind of app to take along on your next vacation, especially if you found on a summer trip that the viewfinder on your smartphone was not doing justice to the beach scene, country landscape or sweeping cityscape in front of you. Known as panorama apps, these programs help stitch together multiple or moving snapshots of a view to create a wide-angle image that will do a better job of conveying a sense of scale and place than a single photo.

    Using DMD Panorama is a fabulous way to learn about panoramic photo-taking because its interface makes the task simple. You simply tap the “capture” button, choose whether you want the app to auto-expose the image and whether the flash should be on, then hold the camera up to the scene.

    The phone snaps the first part of an image, then you turn it to one side to capture the next piece, and repeat. The app has a small logo on the screen that helps indicate when you have turned far enough for the next part. DMD then stitches the images together with some complicated math so that you almost cannot spot the seams in the final picture.

    The app also makes it easy to save a panorama to your phone or share directly to social media like Twitter. The resulting photos can be enormous — as much as 40 megapixels. If you don’t want your phone’s precious memory eaten up by such large images, the app offers free cloud-based storage, as well as a social sharing option. The app even has an option that turns panoramas into short videos that show the whole scene, perfect for sharing on Instagram.

    The app costs $2 on iOS and $5 on Android. To capture full high-definition images, it costs an extra $2.

    On Android, there is an app with many of the same features, called Panorama 360. It’s free, so it’s worth trying if you don’t like DMD.

    For a quirky alternative, check out PanoSelfie. This free panorama app uses the front-facing camera of an iPhone to take wide-angle panoramic selfies. This means you can appear in your own snapshot of some stunning scenery or take panoramic portraits of a group of people you are with.

    As with DMD, you hold the phone up and spin it from side to side, following onscreen prompts that remind you to move smoothly and tell you when you have rotated far enough. It helps that you can see yourself in the scene as the image builds up. The app’s algorithm does a good job of stitching the images together, and it does this without distorting faces too much. The interface is easy to use, letting you control basic image qualities like brightness, noise reduction and how wide an angle you shoot.

    PanoSelfie has drawbacks. It is iOS only and is ad-supported, so pop-up ads may suddenly appear. You can disable those by spending $1 in the app.

    Then there is my favorite: 360 Panorama by Occipital. Its interface guides you through making panoramas, and the app includes extras like cloud storage, social sharing and an in-app panorama viewer. It also has one big bonus: the ability to create spherical panoramas. This means you capture the entire scene around you — up and down, left and right — and you can view the results either as a long, strip-like photo or as a circular projection that is absolutely stunning.

    This app makes great images, but it may take some practice to perfect your skills. It costs $3 on iOS and for Q10 and Z10 BlackBerrys.

    Most panorama apps require you to stand still, spin accurately on the spot and try not to jiggle the phone. Things are simpler with an app like Circular Plus, which costs $2 on iOS.

    This app takes a single standard snapshot and distorts it into a circular, panoramic-like photo that looks like the output from 360 Panorama. This effect cheats a bit because you are not really snapping panoramic views, but it can be striking. Circular Plus has a clear and minimalist interface that lets you control many image parameters for perfect results, as well as lots of special effect filters.

    On Android, the $3 app Tiny Planet FX Pro is akin to Circular Plus and has a good interface. A $2 iOS app called Living Planet does the same thing. Though it has slightly fewer image-tweaking options, it can also turn videos into simulated spherical panoramas for eye-catching results.

    Have fun seeing the world in wide angle.

    Quick Call

    VHS Camcorder is a $4 iOS app that does something counterintuitive: Instead of trying to achieve amazing image quality from your 21st-century smartphone, it deliberately degrades the quality of videos and adds artifacts. The results look eerily similar to videos shot on a 1990s-vintage camcorder. The app’s not perfect, but it could spice up your Instagram videos.

  • 10 Sep 2015 10:33 AM | Anonymous member (Administrator)

    English version of the Annahar article below.

    Lubnan Al-Fawwah (Lebanon the Fragrant)

    by Edgar Choueiri

    Op-ed published in Annahar Daily.

    on Sept. 9, 2015

    As a Lebanese-American, born and raised in Tripoli Lebanon, a city once known as “The Fragrant” (Al-Fayhaa’) thanks to the fragrance of the blossom of its once thriving orange groves, I am deeply pained to read in daily international news reports about my country of origin being mired in garbage.

    I am a research scientist in the United States in the field known as "plasma physics.” Plasma, the fourth state of matter, after the solid, liquid and gas states, is a very hot, electrically-charged gas that is produced naturally by stars around the universe. It can be created artificially on Earth using electrical power. Most of my work deals with the use of plasma as propellant in electric rockets for propelling spacecraft in outer space. Lebanon’s exploratory tradition, dating back to the time of its seafaring Canaanites, has not yet encompassed the exploration of space, and its interest in plasma rockets may have to wait at least until its more daunting earthly problems are solved. But another branch of plasma technology stands to be of great value for a small country where real estate for landfills is scarce, and where tourism, which relies on a clean and unpolluted environment, is a critical part of the economy. Lebanon must take note of this new technology that is quietly revolutionizing the industry of waste disposal around the world: plasma gasification.

    The benefits of waste disposal by plasma gasification may sound too good to be true. But they are true. Disposing of waste more completely, cleanly and efficiently than any other existing waste disposal method, plasma gasification obliterates the need for landfills. When applied to organic waste it can also generate, as by-product, copious amounts of electrical power - so much, in fact, that only 5% of such generated power is needed to run the waste gasification plant, while millions of watts of unused power may be supplied (or sold) to the national power grid. Thus plasma gasification can contribute to the solution of two crippling problems that have plagued modern Lebanon: pollution from waste disposal, and a dearth of electrical power. Plasma gasification plants, each processing between 5 and 150 metric tons of waste per day, have recently been built and are successfully operating in Taiwan, Japan, Canada, UK, India, China and the United States. In fact, my own university in Princeton, New Jersey, has recently purchased a plasma gasification plant, which is being constructed on campus to deal with the university's own waste in an environmentally responsible way.

    Plasma gasification can be explained as the processing of organic and inorganic waste through a reactor where a powerful plasma torch (an electric device that ionizes and heats an inert gas, such as argon) raises the temperature of the waste to many thousands of degrees, nearing the temperature of the sun's surface (chromosphere). This heat completely gasifies the waste and breaks it down to its elemental constituents. Even hazardous waste can be processed cleanly and safely in this manner. The process (technically called pyrolysis) does not rely on combustion and therefore does not produce tar, char, ash, furans, dioxins, sulfur dioxide or residual carbon, and has low carbon dioxide emissions, thus meeting the most stringent emission regulations. When the waste is inorganic (including electronic equipment and appliances) the outflows from the reactor are stable metals that can be refined and sold, and clean hard slag that can be used as construction material. With organic waste there is a tremendous additional benefit as plasma pyrolysis produces “syngas”, an energy-rich mixture of carbon monoxide and hydrogen. Syngas, which has about half the energy density of natural gas, can then be combusted in turbines to produce enough electric power to run not only the plant itself but also to power a whole city with electricity.

    You may ask why such a revolutionary technology has not received the wide public attention it deserves. The answer is threefold: 1) its relative novelty, 2) the initial cost of the facilities and infrastructure it requires, and 3) the active resistance of the traditional waste disposal industry lobby in some countries, which has obfuscated the superiority of rival technologies, especially in the United States, where plasma gasification has yet to penetrate the public sector. The fact that a private university in New Jersey has opted to have a working plasma gasification plant on its campus (not for research, but for actual waste disposal) demonstrates that the technology is mature enough, worth the initial investment, and is the best choice when lobbies and politics are kept at bay.

    I do not wish to imply that plasma gasification could instantly solve the current garbage crisis in Lebanon. But it is a promising option that should be seriously considered and evaluated now for near-future use. No technology, even one as compelling as plasma gasification, can solve a crisis that is deeply conditioned by greed, corruption and sectarian politics, or absolve citizens and politicians from dealing with these fundamental problems. I have left Lebanon in my mid-teens and know too little of its complicated politics to allow myself an opinion on such topics. But as a scientist, I can vouch that a judicious implementation of plasma gasification technology has every potential of making landfills in Lebanon a thing of the past.

    If my native city of Tripoli is now too poor in fragrant orange blossoms to reclaim its old title, may Lebanon become rich in environmentally conscious youth, educated and scientifically minded technocrats, and visionary statesmen who could make their home “Lubnan Al-Fawwah”.

    Edgar Choueiri is a professor of applied physics and astronautical engineering at Princeton University, where he is also Director of the university’s Engineering Physics Program. He served (2008-2013) as the founding president of the Lebanese Academy of Sciences, a not-for-profit organization comprised of leading Lebanese, European and American scientists, and dedicated to offering independent and free advice to Lebanon on scientific matters.

  • 03 Sep 2015 9:11 PM | Anonymous member (Administrator)

    Qnovo Target 2016 Smartphones With $8.6M Funding & Intel Backing

    September 1, 2015 - Written By John Anon

    Battery life is one of the most prevailing issues for any smartphone or mobile device owner. Although, batteries do come with bigger capacities nowadays, they also come with more powerful components which further strain batteries and almost counteract the increase in capacities to begin with. Not to mention, bigger batteries have the added issue of needing a longer time to charge back up to their full potential. Well, this is where aspects like fast charging and quick charging have come in and now, most flagship devices come with one of these tweaks including in their software to make use of the much improved charging speeds and reduced charging times. Providing consumers with the option to have a bigger battery without having to sacrifice charging times, performance or battery life. Qnovo is one of the companies who works in the advanced charging market and has been making massive strides with their faster charging solutions and now look set to continue these strides going forward into next year.

    Qnovo has today announced that they have just completed a Series B round of funding in which they have secured $8.6 million in investments. In doing so, Qnovo has secured backing from a number of existing investors including RockPort Capital, US Venture Partners and Bluerun Ventures. Not to mention, their latest round sees newer investors coming aboard and most notably, Intel Capital. In fact, the Intel backing is more than just a financial one as the two companies look set to collaborate going forward and expanding jointly into other areas.

    According to Qnovo, the latest round of funding is designed with a view to incorporate their adaptive charging technology into 2016 smartphones from launch. Not to mention, Qnovo also state their collaboration with Intel, will see the technology expanding into other new areas such as wearable devices. According to Qnovo CEO, Nadim Maluf, “Consumers will see in 2016 new smartphones with Qnovo’s technology. With Intel’s backing, we are primed to extend our compelling battery improvements beyond smartphones into notebooks and wearables.” While speaking on the collaboration with Qnovo, Vice President of Intel’s New Devices Group, Steve Holmes, “Qnovo has developed technology to make today’s batteries perform better. We look forward to improving the experience of our shared customers.” As such, 2016 looks set to be an interesting year for mobile device manufacturers and consumers alike and in the field of battery solutions in general.

  • 30 Aug 2015 9:24 AM | Anonymous member (Administrator)

    Aug 26, 2015 - Opening the Nasdaq this am

    Simon Khalaf's photo.

    Simon Khalaf's photo.

    Simon Khalaf's photo.

  • 14 Aug 2015 8:13 AM | Anonymous member (Administrator)

    Google, Alphabet, and the Googlettes  AUG 13 2015

    Google announced earlier in the week that they were creating a new company,Alphabet, to house a collection of companies, including Google.

    What is Alphabet? Alphabet is mostly a collection of companies. The largest of which, of course, is Google. This newer Google is a bit slimmed down, with the companies that are pretty far afield of our main Internet products contained in Alphabet instead. What do we mean by far afield? Good examples are our health efforts: Life Sciences (that works on the glucose-sensing contact lens), and Calico (focused on longevity).

    Google has been focused on diversifying their business for a long time, even before their IPO. In August of 2003, they posted a job listing on Craigslist looking for a manager to run their collection of Googlettes, which were essentially startups within Google:

    What is a Googlette? It's a new business inside of Google that is just getting started -- the start-up within the start-up. We're looking for an experienced, entrepreneurial manager capable of offering direction to a team of PMs working on a wide array of Googlettes. You will define Google's innovation engine and grow the leaders of our next generation of businesses.

    Georges Harik, who is now an advisor for Google Ventures, was a former director of the Googlettes:

    As director of Googlettes, his team was responsible for the product management and strategy efforts surrounding many nascent Google initiatives including Gmail, Google Talk, Google Video, Picasa, Orkut, Google Groups and Google Mobile.

    At the time, I riffed on this idea a little and imagined Google spinning out these businesses as a confederation of stand-alone companies:

    Instead of generating ideas and people for internal use, what if they're incubating start-ups to spin off into companies of their own? Fast forward five years and instead of being a big huge company, Google is a big huge company at the center of a network of 10-20 large to medium-sized companies with similar goals, values, and business practices. Most of these spin-offs would be engaged in businesses similar (and probably complementary) to each other and the Google Mother Ship, some of them maybe even directly competing with each other.

    In hindsight, Alphabet is a much better name than Google Mother Ship.

  • 10 Aug 2015 5:43 AM | Anonymous member (Administrator)
    Having trouble viewing this email? Click here

    JULY 2015



    Nabil Itani

    Lebanon has been recently called the "Silicon Valley of the Middle East" by the CNN and the "Middle East's Tech Hub" by Tech Crunch; and this comes as no surprise as the ICT sector in Lebanon is one of the most promising sectors in the region, with a highly skilled and competitive labor force and a stellar educational system coupled with an improving infrastructure and a supportive ecosystem.  

    At IDAL, we are entrusted, as per Investment Law No.360, to identify investment opportunities in sectors with the propensity and potential to grow. Given the importance of the ICT sector to the economy and given its potential, a detailed analysis was conducted to assess the competitive advantages of the sub-sectors which Lebanon could have a higher potential to thrive in.

    On the export promotion front, IDAL is working hard in collaboration with the Ministry of Agriculture and syndicates to increase access to markets through Maritime transportation of Lebanese products.

    We welcome your news and suggestions at

    Best Wishes,


    Nabil Itani

    Chairman-General Manager


    ICTThe Lebanese Information Technology sector1 is a fast growing sector with an estimated market size of USD 381 million in 2014 and projected to reach USD 530 million by 2017. The market has been growing at a compounded annual growth rate (CAGR) of 7.9% over the period 2009 - 2014  and is expected to grow at a CAGR of 7.24% from 2015 to 2018. In 2013, The ICT sector contributed to 3% of Lebanon's GDP  and its impact on GDP, whether direct or indirect, is forecasted to be greater than USD 6 Billion by 2017 .

    There are around 200 companies engaged in the pure creation and development of software products, services and applications.They are mostly small and medium size businesses who operate around three major activities that are currently growing on the international arena:


    *Software products companies, which account for around 48 % of the total number of ICT companies

    Web solutions companies, which account for 38% of ICT companies

    Mobile services and applications companies, accounting for around 13 % of total ICT companies in Lebanon


    Lebanon possesses a number of competitive advantages that can make it one of the most promising ICT sectors in the region, including a strong human capital base, a competitive labor force, access to growing regional markets, an enabling infrastructure, and a supportive ecosystem.  Indeed, Lebanon is emerging as a leading exporter of software products and services in the region.  Exports of ICT related activities account for around 56.8% of total service exports; the highest share among regional countries. More than 60% of firms engaged in ICT activities are export oriented, with the Gulf region as the primary export destination for Lebanese products.

    Read the full report here.

    1 According to Business Monitor International (BMI), the IT sector includes: software development, hardware & IT services.

    The statistics and analysis presented above are generated from a database of IT companies compiled by IDAL from various sources including: Lebanon's Chambers of Commerce, Association of the Lebanese Software Industrialists (ALSI), Professional Computer Association (PCA), Berytech, ZAWYA and other online databases. The database includes the information of 205 companies engaged in software, web and mobile app development. This is a preliminary analysis used only to assess general market trends. The companies' database is not exhaustive and the numbers generated are estimates but provide a good overview of the sector size and potential.


    At IDAL, we are keen on providing Lebanese companies in the ICT sector with all the support needed for them to expand, as part of our export promotion mandate. Subsequently, we have provided them with:

    access to global bids to encourage them to take on new business projects

    access to our business linkage program which aims at fostering the growth of Lebanese ICT companies through supporting them in identifying new markets and establishing links with foreign companies looking for partners to outsource the development of all or part of their services

    access to key market studies

    access to international competitions

    As part of its mandate to help Lebanese ICT companies expand, IDAL was contacted by the investment promotion agency Invest in Lyon to encourage Lebanese startups to take part in a new accelerator program called the Big Booster, along with the city of Boston-Massachusetts.

    The only project of its kind in Europe, the Big Booster, in connection with MassChallenge, is an international non-profit acceleration program designed to help bolster and provide ongoing support to early-stage startups with innovative or breakthrough technology.

    The Big Booster is a competition proposed to startups from Europe, the Middle east and Africa in the sciences, innovative tech and sustainable development. It is an intensive 10-month program that starts with a Boot Camp in Lyon for the 100 selected startups, followed by a Boot Camp in Boston for the 20 best ones.




    The competition is open to  innovative seed or early stage start-ups in the following fields:

    -   Bio & Health: Life Sciences and Health, Biotech, Medtech, e-health

    -   Innovative Tech: Digital, Big data, Connected Objects, Smart City, Cloud & Mobile apps,


    -   Global Impact: Cleantech, General & Social Impact


    Participating in this competition will give you the opportunity to:

    1. Accelerate your project or concept development

    2. Improve your business model and market access at international level

    3. Develop networking with international partners

    4. Improve your visibility

    Online applications will start on July 1st and close on September 15th, 2015. In October, the top 100 selected startups will be announced and will participate in the Lyon Boot Camp, which will take place from October 27-29, 2015. The top 20 startup  will participate in a second Boot Camp in Boston in February 2016.

    IDAL has sent an email to the ICT ecosystem in Lebanon to encourage their members to participate. You can also apply through the following

    IMPORTANT: Mention IDAL in the "Referred by" section so that we can ensure a follow up of your application.


    Given the importance of the sector IDAL has developed a white paper on ICT in Lebanon that included all investment opportunities from media streaming to call centers:




    • Consumer Internet: more specifically in Web and Mobile Portals, Content Websites and Applications, News, Internet Publishing, Social Networks and Applications, and Search. There is an especially high demand for Arabic content creation along those key markets.
    • Ad Tech : particularly for Mobile, Search, and Video
    • Enterprise Software:  the market is expected to grow at a CAGR of 10% from 2012 to 2015 in the MENA region.  Opportunities areespecially present in CustomerRelationship Management, Government, and Advertising
    • Media StreamingOnline music and video revenues in MENA were estimated to grow at a CAGR of 60% from 2011 to 2014, providing opportunities for developers in Lebanon
    • GamingThere are increased opportunities for gaming on tables and smartphones with more than 80% of the 1.2 billion gamers worldwide playing on tablets and smartphones.
    • Value-Added Services (VAS)The increase in the number of mobile users and sale of smart devices, have created opportunities for VAS. Lebanon will have one of the highest growth rates of VAS revenues in the MENA region, which is expected to more than double by 2018.
    • E-GovernmentWith the implementation of the e-Government initiative, dawlati, Mobile devices will increasingly be used as key facilitator for online interactions.
    • Telemarketing and Call CentersLebanon possesses a number of competitive advantages to serve this sector, including an internationally renowned educational system, cost-competitive and highly-skilled workforce, and an established track record
    Read the full study here.


    Jihad Kawas, Lebanon's youngest CEO managed to become one of the 20 selected from a pool of 2,800 applicants from around the world to become Thiel Fellows, winning a  $100,000 cash prize for his startup "Saily". 

    Ziad Sankari, founder of startup CardioDiagnostics, met President Obama and was selected to be a guest speaker at the White House as a representative of innovative solutions to some of the world's toughest challenges.



    The cabinet has approved the mechanism to support agricultural and industrial exports through maritime transportation. Preceding this decision was a series of meetings between Chairman Nabil Itani and the Minister of Agriculture, the Association of Lebanese Industrialists, the association of vegetables and fruits exporters, and auditors.

    The main objective of the mechanism is to ensure that Lebanese produces continue to access traditional markets, especially to Jordan and the Gulf states. The mechanism is important in ensuring that the standard that the Lebanese products has in those markets is maintained by safeguarding the credibility of Lebanese producers and manufacturers to their trading partners in these market as well as to maintain the supply and demand balance within the Lebanese market itself. More information on this subject will be covered in next month's issue.



    Chairman of IDAL, Mr.Nabil Itani met with the Ambassador of Lebanon to Mexico Mr. Hisham Hamdan; whereby they discussed ways to enhance economic relations between both countries through the emphasis on the Lebanese diaspora





    Chairman of IDAL, Mr.Nabil Itani and board member Mourched El Hajj Chahine have met with a delegation from Sudan headed by the Ambassador Hag Magid Mohammad Al Suwar, Secretary General of the Secretariat of Sudanese Working Abroad. The aim of the meeting was to exchange know-how on diaspora engagement and the programs in place to attract investments.


    The Investment Development Authority of Lebanon (IDAL) is the national investment promotion agency of Lebanon. Established in 1994, IDAL aims to promote Lebanon as key investment destination and attracting, facilitating and retaining investments in Lebanon. IDAL reports to the President of the Council of Ministers which exercises a tutorial authority over it.