Flat6Labs Is Seeking The Next Big Levant Region Startups
The program will focus on women, minorities, and internally-displaced entrepreneurs.
Flat6Labs, the MENA venture capital and accelerator, hopes to boost underserved demographics based in Jordan, Lebanon, Iraq, and the Levant region. Announced this week, Flat6Labs’ program will focus on women, minorities, and internally-displaced entrepreneurs.
Open to people aged 18-45, Flat6Labs is searching for entrepreneurs in “education, fintech, financial inclusion, healthcare technology, agriculture, environment, and information and communication technology”.
The program will comprise three main tracks: StartMashreq Academy, the Growth Support Program, and the Incubation program, with the latter featuring interactive sessions, seminars, training courses on specialized topics, and articles from leading regional experts.
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“The Arab world, and the Levant region in particular, has always been full of promising young people with big ambitions. Unfortunately, many of the youth in our region lack access to the tools, resources, and opportunities they need to succeed. Through this initiative, we hope to inspire an entrepreneurial movement and provide the tools and resources necessary to nurture that movement,” says Yehia Houry, Flat6Labs Chief Programs Officer.
For the startup incubation part of the program, four cycles will take place, helping participants to build business plans and growth strategies, along with various mentorship sessions.
NEOM Airlines Is Saudi Arabia’s New, Tech-Centric Carrier
The airline will embrace advanced technologies such as artificial intelligence, and utilize high-tech propulsion systems by 2026.
Opening in 2025, NEOM is a $500 billion Saudi Arabian smart city that will be powered entirely by renewable energy. Now, Saudi authorities have announced that the futuristic metropolis will also be served by its own dedicated carrier — NEOM Airlines.
The service will begin operating in 2024 and embrace advanced technologies, including artificial intelligence and biometric check in. Aircraft will fly to and from NEOM Bay before moving to the soon-to-be-built NEOM International Airport.
Also Read: ChatGPT Is Accelerating The AI Revolution In The Middle East
NEOM Airlines will focus on tourist, commercial, and residential travel and incorporate plenty of cutting-edge technology. Klaus Goersch, the airline’s CEO, revealed that existing aircraft will be retrofitted with existing technology on launch, but by 2026, an ultra-modern fleet will be in operation, “whether electric, hydrogen-powered, or supersonic”.
As well as modern, low-emissions power airplanes, NEOM aircraft will also be fitted with sleek, modern interiors, 6G Wi-Fi, large screens for every seat, plus gaming and chat technology.