By Lubna Hamdan
Wamda chairman will be joined by Bayt.com CEO to discuss how start-ups can survive Covid-19 economic challenges
Leading technology festival Step has announced its first online event on April 14, featuring Wamda Group executive chairman Fadi Ghandour and Bayt.com CEO Rabea Ataya.
The free event will see the duo speak about how start-ups can survive during times of economic crisis triggered by the spread of Covid-19. They will offer advice on fundraising and investment and discuss growing sectors and talent, as well as the future of work, which has moved remotely to homes.
Staying true to its interactive aspect, the event will enable participants to network online through one-on-one meetings.
Both Ghandour and Ataya have been in the region since the 1990s, with Ghandour having founded logistics firm Aramex, which became the first Arab-based company to be listed on the NASDAQ in 1997. He was also a founding partner of Maktoob.com before it was acquired by Yahoo! for $85m in 2010.
Ghandour then set up Wamda Capital to support regional start-ups by providing them with mentoring and funding, as well as Ruwwad, a non-profit community development organisation founded that works with disenfranchised communities through education, youth volunteerism and grassroots organizing across Jordan, Egypt, Lebanon, and Palestine.
Ataya’s story is also fascinating, having served on the board of Queen Rania’s Foundation, as well as several start-ups, before co-founding InfoFort, a record management company covering the Middle East and Africa.
He then set up Bayt.com in 2000, and grew it into the Middle East’s leading job site, having registered an average of 15,000 professionals every day in 2019 to reach a record of more than 37.7 million resumes.
In March it announced free job postings for employers across the region in an effort to increase the visibility of online work opportunities amid the coronavirus outbreak impacting businesses.
The Step event will begin at 6pm and end towards 8pm.
More speakers will be announced soon, and those interested in attending can sign up here.