IDO Investments attends Shape MENA 2018

Innovation Development Oman Holding SAOC (IDO Investments), a venture capital fund set up by Omani government entities, recently participated at Shape MENA 2018, held at the Bait Al Zubair Museum and Al Mouj Golf. The event was organised by the Global Shapers Community Muscat and saw IDO Investments moderate a start-up event and participate in a discussion panel.IDO Investments was highly active in the running of the event. Mazin al Naamani, a Global Shaper and a team member of IDO Investments was responsible for Administration, Finance and Sponsorship. Additionally, Ali Abdulhussain, who is also a member of IDO Investments and a participant in the event commented, “Our participation at Shape MENA was a truly enriching experience. We were able to engage and increase our knowledge of various current affairs from the perspectives of several different speakers. The event itself, was a perfect representation of Omani hospitality and cultural unity within the community.”Shape MENA 2018 saw over 100 global shapers from 60 countries taking part in panels and workshops to create shared value and focus on the three vital pillars: people, planet, and productivity. The sessions were conducted by prominent speakers from various fields and industries including government, art, culture, and volunteerism. Talal Hasan of IDO Investments, was also present at the panel, which held discussions highlighting current affairs and aspirations of young people in the region.“For the start-up event, participants had to choose one of the listed companies and pick a UN Development challenge to address. The start-ups were namely, Mandoob, Salikon, Youtuber’s Hub, and Youth Vision,” Ali added.Shape MENA is the regional gathering of the Global Shapers Community in the Middle East and North Africa region. The event aims to inculcate an energetic, challenging, and inspirational learning experience for all participating global shapers.Launched in 2016, IDO Investments is a venture capital firm created by the State General Reserve Fund, Oman Oil Company SAOC, The Research Council and Oman Telecommunications SAOG. The company has ever since, strived to identify and invest in innovative, scalable companies that have the potential to become global ventures.