- 28 November 2017
kuwaiti students win "best company of the year" award from the regional injaz al-arab competition
- INJAZ-Kuwait, was represented by two companies, ‘Agrivage’ and ‘Youth Creations’ at the 11th Annual INJAZ Al-Arab Young Entrepreneurs Regional Competition, held in Cairo, Egypt.
- The company Agrivage, won the "Best Company of the Year" Award under the high school category.
Kuwait, 28 November 2017: Alghanim Industries, one of the largest privately owned companies in the region, recently hosted the winners of the Regional INJAZ Al-Arab Competition. The students met with Chairman of INJAZ-Kuwait and CEO of Alghanim Industries, Omar K. Alghanim who thanked the students for their efforts and awarded them with gifts of appreciation from X-cite by Alghanim Electronics. The students also enjoyed a tour of the company’s four floor open office in Al Hamra Tower.
The competition was held on 20 to 21 November 2017 at the Four Seasons Hotel in Cario, Egypt. And included the winning teams from the national competitions in the Middle East and North Africa (MENA) region. A total of 17 teams from 10 countries, including Kuwait, Bahrain, Saudi Arabia, Egypt Palestine, Morocco, Tunisia, Algeria, Lebanon and Oman competed for the title of "Best Company of the Year" Award.
Speaking to the participants, Chairman of INJAZ-Kuwait and CEO of Alghanim Industries, Mr. Omar Kutayba Alghanim said: "We are so proud of you and your incredible achievement in winning this year’s regional competition. We’re a merchant culture with a long heritage, and it truly is fitting that our students represent that legacy on the regional stage. Your talents, passion and drive to create a brighter future for yourselves and your country will inspire others to do the same."
He added, "As an organization, we strive to empower and enable our youth to take the first step towards owning their future and their economic success. We consider this to be our national responsibility, and a priority in our mission to support the future of Kuwait. Today, I only have one request – create your companies. Don’t be afraid to fail, because most success stories had a few failures in their past. Be brave and live up to the legacy of this great country in this fast-changing world. The largest hotel company in the world, doesn’t own any rooms. The largest media company doesn’t create content, and the largest taxi company – doesn’t own a single car. We hope and aspire to see one of your businesses join those amazing companies. Congratulations to you and to Kuwait on this huge achievement."
The two companies that represented Kuwait, having both won the national competition in Kuwait earlier this year, were "Agrivage", under the high school category, and "Youth Creations" in the university category. "Agrivage" went on to win the most coveted award in the regional competition in Egypt, which was the "Best Company of the Year" award. On the other hand, "Youth Creations" was nominated for the "Best Social Impact" award during the competition.
Commenting on this achievement, CEO of INJAZ-Kuwait, Laila Al-Mutairi said: "Our happiness for this huge win is indescribable. The company "Agrivage" earned the competition’s highest honor: "Best Company of the Year" for the region. We are extremely proud of their exceptional performance and the results delivered throughout the competition. Our youth today have established themselves and their businesses in a leading position to compete, both locally and regionally."
"Agrivage" is a startup business created by a group of Kuwaiti students, with the purpose of preserving the environment by recycling food waste and converting it into usable rich soil. CEO of Agrivage, Abdulwahab Boodai, said: "This was an incredible learning experience for us all, we are so proud to have won this recognition. It is a true testament to what Kuwaiti youth can do and I would like to take this opportunity to thank INJAZ-Kuwait and its Chairman, Mr. Omar K. Alghanim for their support throughout the process."
Throughout the competition, the judging panel used scientific criteria in assessing the performance of the competing companies. The criteria was based on objectivity, transparency, creativity and their view of success using new ideas in several industries as well as their professionalism in execution.
INJAZ-Kuwait is a nonprofit organization committed to preparing and empowering youth in Kuwait to succeed in the global economy. INJAZ – Kuwait provides K-12 students with hands-on learning in entrepreneurship, work readiness, and financial literacy. Alghanim Industries supports its efforts to provide Kuwait's youth with the skills they need to build successful careers in the future. In 2016, Alghanim Industries employees contributed the most volunteers relative to other companies supporting INJAZ-Kuwait.
About Alghanim Industries:
Alghanim Industries is one of the oldest and largest, privately-owned companies in the MENA region. Founded at the turn of the century, in Kuwait, the company today employs more than 15,000 people in 30 businesses across 40 countries in the Middle East, North Africa, Eastern Europe and Asia.
Alghanim Industries is a market leader in almost every major sector of its operations, which include: engineering, retail, automotive sales and service, insulation and pre-engineered steel building structures, logistics and warehousing, fast moving consumer goods, food & beverage, oil & gas, office automation, advertising, insurance, consumer credit and travel. The company is actively growing its brand portfolio, with a focus on top-tier global partners. Among them: Avis, British Airways, British Petroleum, Cathay Pacific, Daewoo, Honda, Saint-Gobain and Toshiba. Additionally, Alghanim Industries has created a number of successful regional businesses, including X-cite (consumer electronics), and Safat Home (lifestyle and home furniture).