Entrepreneurship represents hope in the Middle East
This is a article in the Washington post by Christopher M. Schroeder Internet entrepreneur and angel investor, CEO of HealthCentral.com. In any place in the world troubles begin with economic woes, no gainful employment. From reading this article it seems like the power of entrepreneurship will overcome the troubles and give this part of the world a new hope and more properity.
The sold-out gathering had the earmarks of a typical Silicon Valley event: more than 2,400 hungry entrepreneurs and investors, most young adults, tethered to their mobile devices - sharing, debating and connecting. There was the requisite hip music. Speakers who had "been there" were mixing with kids new to the game, dashing out ideas on white boards and rallying each other to new ventures.
That's where "typical" ended.
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This month's Celebration of Entrepreneurship 2010 was hosted not in San Francisco or New York but in Dubai. The participants weren't familiar U.S. Internet names but a new generation of entrepreneurs representing every Islamic country in the Middle East. The visionaries behind the gathering weren't famous Western tech journalists or futurists but Pakistan-born Arif Naqvi, founder of the Middle East private equity firm Abraaj Capital, and Lebanese Jordanian entrepreneur Fadi Ghandour, who built the region's largest logistics and transportation services company. Absent were debates on politics, religion and historic obstacles. The only question on everyone's mind was "Why not us?"