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Jordan leads Arab technology, Internet startups

By Mohammad Ghazal - Feb 07,2013 - Last updated at Feb 07,2013

AMMAN — Jordan ranked first among Arab countries in 2012 in terms of number of startups in the field of Internet and technology, according to a recent report by Discover Digital Arabia, a portal that provides trends and statistics about the digital world in the region.

The Kingdom continued to lead for the second year in a row with the number of investments in the sector as 19 new startups were registered in 2012 compared to 38 in 2011, according to the report.

The startups registered in 2012 created between 1,500 to 2,000 jobs, the report indicated, noting that Jordan attracted 61 investments in the field of Internet and technology between 2010-2012.

Jawad Abbassi, founder and general manager of Arab Advisors Group, said Jordan is home to a large number of ICT graduates who are eager to start their own business.

“There is a good ecosystem in Jordan for supporting startups and entrepreneurs compared to the rest of the region,” he told The Jordan Times on Thursday.

“There is a good marketing for startups and entrepreneurs in Jordan, which helps attract investments to support the entrepreneurs.”

He noted that the large number of ICT graduates in the Kingdom encourages more creation of startups.

Around 5,000 Jordanians graduate annually with majors in ICT-related topics. Of the total, around 3,000 find jobs in the field, while the rest either remain unemployed or find jobs abroad, according to the ICT Association of Jordan int@j.

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