Al Jabr Announces US$100k Funding and Support for Tech Start-Ups Coming in 2023

Al Jabr is a startup development company. Recently, the company launched its
2023 flagship startup acceleration services for emerging startups.

Muscat, Sultanate of Oman--(Newsfile Corp. - December 12, 2022) - Al Jabr is
an innovation development company based in Muscat, Oman. It provides
acceleration and incubation programs for start-ups and innovation programs for
corporate businesses across the MENA region. In 2023 the firm will launch its
flagship startup acceleration services, and these will provide seed funding of
up to US$100K for tech-enabled startups across various industries, including
e-commerce, fintech, logistics, and cybersecurity.

Al Jabr thrives to develop an entrepreneurial economy led by innovation. The
company will further add to its strong track record in nurturing and
supporting new businesses as it continues to manage and execute three
government incubation programs in four Omani cities and three Free Zones over
the next two years.

In October 2022 Al Jabr also partnered with the UAE's forward-looking SD
Centre for Entrepreneurship to develop innovative programmes for start-up
entrepreneurs. That partnership aims to strengthen the entrepreneurial culture
in the region, benefiting innovators in both Oman and UAE who are looking for
growth opportunities, and allowing them to access the knowledge, support, and
capital that they need to strengthen and scale their businesses.

As well as being welcomed by those ambitious individuals in need of investment
who are striving to establish and grow their tech-enabled businesses, regional
corporations will also benefit from the collaboration and engagement
opportunities that Al Jabr's start-up accelerator service will introduce.

Company CEO Mohammed Al Wahaibi, and COO Fatma Sultan Bahwan, are committed to
implementing the company's mission of unlocking the region's potential for
growth and innovation by encouraging and enabling its entrepreneurial
community. In a joint statement they said:

"We aim to support, develop, and fund startups that are creating the tools
that will shape how the next generation interacts with technology at work and
in their everyday lives, enabling both new and existing industries to grow. We
invite forward-thinking corporate companies with the ambition to support the
creation of exciting innovations in the region to join our journey in making
this possible."