in the news

Middle East should embrace renewables as oil reserves fall: Conference

The Middle East must embrace renewable sources to cope with the region’s declining oil reserves, the Arab League’s secretary general said this week as representatives from European and Arab states gathered in Cairo to discuss energy co-operation…

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KarmSolar Prize Could Avail Solar-Powered Water Pump to Rural Egypt

A dynamic young Egyptian firm has won an $11,000 innovation prize for an off-grid, solar-powered water pump. Judges of the first HCT-Wharton Innovation Tournament held last week in Abu Dhabi were impressed by KarmSolar…

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Social Entrepreneurship: Profits with Purpose

Working in London as Shell’s carbon credit portfolio manager, Ahmed Zahran ’02 always dreamed of making clean, renewable energy accessible in Egypt. In 2010, a visit to a potato farm located in Wadi El Natrun in the northern part of the country made him realize his dream. Standing under the blazing sun, Zahran…

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Entrepreneurship and Social Impact in the Middle East — Business as Unusual?

It is a striking feature of the growing startup ecosystems in the Middle East that the lines between “entrepreneurship” and “social entrepreneurship” — that is, entrepreneurship that makes a social impact — often blur…

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Can local and regional projects help renewable energy go mainstream?

The Middle East must embrace renewable sources to cope with the region’s declining oil reserves, the Arab League’s secretary general said this week as representatives from European and Arab states gathered in Cairo to discuss energy co-operation.

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KarmSolar develops renewable energy solution for ‘off grid’ farmers

An Egyptian company, KarmSolar, has developed new technology that that will enable “off grid” farms to use solar energy to power their high capacity water pumps“Off grid” refers to areas that are off of Egypt’s main power grid, which provides electricity to most of the country…

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What you need to know about the Middle East’s new social entrepreneurs

Many things amazed me in my travels across the growing tech startup ecosystem in the Middle East over the past two tumultuous years. Nothing impressed me more, however, than the regular blurring …

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An Egyptian startup wants to move farmers into the sun and away from the Nile

The Nile and its waters have historically been the lifeblood of Egypt. The country’s population occupies just 5% of the land, almost all of it along the Nile. But Egypt’s scorching deserts beyond the Nile…

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Egyptian Company KarmSolar Wins HCT-Wharton Innovation Tournament 2021

TThe HCT-Wharton Innovation Tournament, held this past Monday and Tuesday in Dubai, challenged entrepreneurs to produce innovative solutions to enhance sustainability by reducing the effects of greenhouse gases…

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When Diesel Fuel is just not enough

Egypt’s state budget and population is bound to hit rock bottom if it continues to live off subsidized energy. A few weeks ago, Reuters reported that the “government increased the price of cooking gas cylinders sold for domestic use by 60% to…

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In Egypt turmoil, start-up firms find ways to flourish

Egypt’s revolutions have been kind to Ahmed El-Kerdany. The young entrepreneur has raised millions of dollars of funding and kept his business growing through the country’s worst political and economic turmoil in decades…

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Wharton’s Karl Ulrich: Access to Capital, Better Property Rights, and Stronger Education Needed to Cultivate Middle East Innovation

Ulrich: The sustainability challenge will be played out at two levels for Abu Dhabi. First, over some time period — almost certainly much longer than ten years — the economy will…

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