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Omar K. Alghanim Honored for Nurturing a New Generation of Middle East Business Leaders

Omar Kutayba Alghanim, Group CEO of Alghanim Industries, has been recognized by JA (Junior Achievement) Worldwide for his breakthrough efforts to foster creativity, critical thinking, and business skills among youth in the Middle East.

MEDIA RELEASE
  • 23 May 2019

Omar K. Alghanim Honored for Nurturing a New Generation of Middle East Business Leaders

Omar Kutayba Alghanim, Group CEO of Alghanim Industries, has been recognized by JA (Junior Achievement) Worldwide for his breakthrough efforts to foster creativity, critical thinking, and business skills among youth in the Middle East.

One of the world’s largest youth-serving non-profit organizations, JA Worldwide honored Mr. Alghanim at its 100th anniversary gala, held in Boston, Massachusetts, on May 2, 2019. The organization cited his record of launching and leading INJAZ Al-Arab, a JA-affiliated organization that supports education and entrepreneurship for students in the region. A Co-Founder and first Chairman of INJAZ Al-Arab, Mr. Alghanim also chairs its country chapter, INJAZ Kuwait.

INJAZ prepares students in three principal areas: work readiness, financial literacy, and entrepreneurship. Engaging local business leaders to act as volunteer mentors, INJAZ bridges the gap between the classroom and the real world. In its signature program, a six-month experience culminates in a business competition where program participants pitch their business ideas to a panel of judges drawn from the private sector.

Founded in 2005, INJAZ Al-Arab has achieved extraordinary success, impacting more than 3 million students across 14 countries in the Arab world. More importantly, the impact is growing: in the 2017-2018 academic year alone, INJAZ Al-Arab served more than 360,000 youth.

The work is underpinned by INJAZ Al-Arab’s unique public-private-partnership model. Working with the ministries of education in all 14 countries, the group interfaces more than 3,000 schools, 400 universities and a network of 45,000 corporate volunteers.

INJAZ Al-Arab’s work in Kuwait exemplifies its broader, regional impact. At a recent Middle East entrepreneurship competition, a team of Kuwaiti high school students won the ‘Best Company of the Year’ award for Agrivage, a startup which converts food waste into soil. Kuwaiti university students also won the competition’s ‘Best Social Impact’ award for Youth Creations, a startup which develops socially-conscious entertainment products.

Successful INJAZ Kuwait alumni include Othman Boodai, the founder of eco-friendly product manufacturer Green Plastic Factory, and Hamed Al Khamis, founder of the restaurant group Slice. These young founders are creating hundreds of new jobs and inspiring their counterparts to follow their lead each year.

“One conversation with Omar. That’s all it took for me to learn how deeply committed he is to preparing young people for successful careers and rewarding lives,” said Asheesh Advani, President & CEO, JA Worldwide, who presented Mr. Alghanim with his award at the Centennial Gala in Boston. “If you want to see an example of JA in action, go speak with Omar. Go see what he and our staff and volunteers have done with INJAZ Al-Arab. We’re proud to have them in our network, and thrilled to honor their work.”

“The Middle East is brimming with talented young people. They’re full of ideas for solving major problems – and they can’t wait to get started,” said Omar K. Alghanim. “This award is deeply meaningful to me after nearly 15 years of work with INJAZ. But every bit of effort I have put into INJAZ has been repaid many times over in inspiration. The young people in our programs inspire me, the INJAZ team and all our volunteers. We owe them our thanks, and our ongoing support.”

Attendees at the gala included global figures in international public policy and senior business executives from around the world, including Jim Yong Kim, the former President of the World Bank; Kai-Fu Lee, Chairman and CEO of Sinovation Ventures; Sheikha Hanadi Bint Nasser Bin Khaled Al Thani, Founder and Chairperson, Amwal and Chairperson, INJAZ Al-Arab Regional Board; together with representatives of Citigroup, Oliver Wyman, PricewaterhouseCoopers, and Sun Group.

 

About JA Worldwide
As one of the world’s largest youth-serving NGOs, JA Worldwide prepares young people for employment and entrepreneurship. For 100 years, JA has delivered hands on, experiential learning in work readiness, financial literacy, and entrepreneurship. We create pathways for employability, job creation, and financial success. Each year, our network of over 450,000 volunteers serves more than 10 million students in over 100 countries.

 

About INJAZ Al-Arab
Since its 2005 inception, INJAZ Al-Arab has helped three million Middle East and North African students, including more than 90,000 in Kuwait. Today, INJAZ works with 14 ministries of education, more than 3,000 and schools and more than 400 universities across the region.

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© 2018 Alghanim Industries & Yusuf A. Alghanim & Sons, W.L.L

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