Ooredoo has hosted a South Korean startup delegation to explore partnerships for Qatar’s innovation economy, and to exchange best practices with Qatar’s entrepreneurs.
As part of the ‘Digital and Beyond’ joint venture between Ooredoo and the Qatar Business Incubation Centre (QBIC), at the Qatar Business Incubation Demo Day, South Korean startups showcased their solutions, and explored how these solutions can be localised to Qatar.
Ooredoo’s Business Development and Innovation Team, and Business Unit Team, briefed the South Korean startups about Qatar’s telecom industry, Ooredoo’s cutting-edge network infrastructure, and opportunities for Smart Cities services.
Startups, hosted by the accelerator Kstartup, also toured Ooredoo’s Oasis Technology Laboratory, located at Ooredoo’s headquarters, which fosters smart innovative IT and communications solutions.
Ooredoo CEO Waleed Mohamed al-Sayed said, “South Korea is a global hub for technology innovation and startups, from Smart Cities to connected healthcare. Ooredoo is dedicated to supporting global knowledge exchange to support Qatar’s startup ecosystem, and exploring partnerships with South Korean startups to transform economic growth, and daily lives and businesses in Qatar.”
Startups from South Korea and related organisations included ASD Korea, whose Cloudlike service provides private cloud storage; B2G, a government agency fostering start-ups; Balance Brain; a treatment centre for children’s mental health; GDIL, a total monitoring system for work sites; Happy Moonday, which provides women’s healthcare products; the Korean Innovation Hub, which is set to launch in Kuwait; Mesh Korea, a unique delivery solutions provider; Minds Lab, a customer service solution integrated with artificial intelligence; Pay Bot, a credit card payment system for banks; and Visual Camp, which innovates in augmented and virtual reality.
This event continued the momentum from the QBIC recently signing an MoU with the South Korean Startup Association, which helps overseas development of South Korean startups. As part of the MoU, numerous startups from Qatar recently showcased their innovations in South Korea under the theme of “Arabia Start-ups Demo Day”.
QBIC CEO Aysha al-Mudahka said, “We are working with Ooredoo to have the most prominent start-ups from Qatar and South Korea to engage with one another, public and private sector leaders, and investors. As a result, these start-ups have a better opportunity to bring their ideas to life and grow internationally, and localise their innovations to each market.”
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