Fadi Ghandour, the founder and vice chairman of Aramex, has said that finding talented human resources that possess the necessary skills, is the biggest problem facing start-ups in the Middle East.
Addressing an investment matchmaking event in Jordan, Ghandour added that the second most pressing challenge is knowing how to take your businesses to other countries.
The event, which aimed to bring together investors and entrepreneurs, featured numerous other ICT experts, who emphasised the importance of perseverance, and urged attendees not to be afraid of failure.
Ali Karabey, managing director of 212 Limited, said: “Middle East entrepreneurs need to understand that success and failure are very normal. The life of start-ups is not easy.
“It is important to support small and medium sized projects in the region because they will have a tough time in the upcoming stage in light of the current economic conditions. For start-ups, they will not grow if they do not think globally, especially in the ICT industry.”