first edition of the Forbes Middle East Summit “Under30” launch in El Gouna

Forbes Middle East, in its first edition, "Under30" for the year 2022, was launched in El Gouna, and witnessed the presence of a large number of emerging entrepreneurs, business owners, athletes, and experts in various sectors.

Hosting the first Summit of the »Under 30 «Conference

 The summit will last from November 24 to 26, with the aim of supporting and encouraging entrepreneurship. The summit will also honor a number of young entrepreneurs who have made tangible achievements in various fields within the Forbes Middle East community under the age of 30 from the Middle East and North Africa.

El Gouna is the best model for an integrated sustainable city

It can be said that the city of El Gouna represents the best model for a sustainable, integrated and vibrant city, as it is characterized by providing a variety of facilities and activities throughout the year, and distinguished services include housing, hospitality, hotels, administrative spaces and common business areas as well as educational and sports facilities, which include water and land sports, and services medical; El Gouna incorporates all the elements of a vibrant, inspiring city, with sustainability at the core of its identity across all of its operations.

Achieving the goals of sustainable development

The summit also attracted the interest of representatives of major international companies and various financing institutions, so that the summit represents an interactive platform for exchanging knowledge and experiences and forging successful partnerships to support entrepreneurs and help them effectively contribute to achieving the goals of sustainable development.

 El Gouna's hosting of the Forbes Middle East Under 30 Summit and Conference comes within the framework of Orascom Development's strategy, which pays great attention to supporting and encouraging youth in various sectors, especially entrepreneurship.

»G-Valley« Center launch

The G-Valley Center for Entrepreneurship was launched on the sidelines of the Forbes Middle East Summit in El Gouna, to start work in it during the next year 2023 to attract startups and entrepreneurs.

G-Valley aims to contribute to creating a fertile work environment in El Gouna, and to provide support programs and various benefits that contribute to supporting and empowering companies and entrepreneurs, helping them expand their businesses and achieve achievements that contribute to achieving sustainable development in the city.

Mohamed Amer, CEO of El Gouna, said: “We are proud to host the first summit of the Under 30 Conference in El Gouna, which is keen to embrace entrepreneurs and provide all capabilities to contribute to the implementation of their projects on the ground and help in their success, as Orascom Development believes that entrepreneurship has become one of The most important pillars of any economy are strong and support diverse societies.”

Amer added, "Egypt is rich in its youth, who represent more than 21% of the total population, which indicates that encouraging entrepreneurship is the best way to provide more job opportunities, advance the economy, and achieve sustainable development goals."

From this standpoint, the G-Valley Center for Entrepreneurship was launched to be the first entrepreneurship center of its kind in the Middle East, providing integrated services, including:

• Residential and commercial units

• A hotel that provides services for the needs of businessmen and entrepreneurs.

• A shared workspace

•Convention Hall

• Providing opportunities to access financing companies, so that companies can enjoy a comprehensive experience

 This complements and supports the idea and vision of the city of El Gouna to become a center for entrepreneurship, and this center will enable startups and entrepreneurs to benefit from the strong infrastructure available in the city of El Gouna.