palestinian startups innovate way past obstacles
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

From the Israel-occupied Palestinian territory

Palestinian start-ups innovate way past obstacles

Arab Today, arab today

Arab Today, arab today Palestinian start-ups innovate way past obstacles

Palestinians work at the office of Red Crow
Ramallah - Arab Today

At first glance, Mashvisor is just one of thousands of websites specialising in US real estate.

But it has a unique feature, undetectable to customers: its designers created it in the West Bank and it is run from the Israel-occupied Palestinian territory. 

"The great thing about a start-up is you can work on it anywhere in the world. You can be in Palestine, you can be in Cambodia, Vietnam, China. It doesn't matter," explains Peter Abu al-Zolof, who founded Mashvisor more than a year ago with a friend. 

Last week, Mashvisor became the first Palestinian company to get the support of the influential American 500 Startups venture capital fund.

It is one of a number of Palestinian start-ups in the occupied Palestinian territories, long overshadowed by Israel's so-called "Start-up Nation".

The online platform automates and analyses US real estate data nationwide to find investors the best property deals.

As in Silicon Valley, the staff dress casually, drink coffee from state-of-the-art machines in garish colours, and pad through the office wearing US-made headphones around their necks.

But working in the West Bank brings unique challenges.

In October 2015, a wave of violence broke out across Israel and the Palestinian territories.

Abu al-Zolof's friend and founding partner Mohamed Jebrini, who lives in Hebron, found himself stranded in the city as roads were closed, 45 kilometres (30 miles) from their Ramallah offices.

"He was stuck in Hebron and I was stuck in Ramallah and we were still working on our company," explains Abu al-Zolof.

And the American-Palestinian says the online nature of what they do means they can avoid many of the frustrations for other companies in the West Bank, where the Israeli army checkpoints often present very physical challenges to commerce.

"There are no walls, there are no challenges, there is nothing that can stop this kind of thing," he says.

"It's a virtual market, so there are no checkpoints where they tell you: 'You can't sell this. You can't take this out of the country.'"

The company benefited from the support of the Ramallah-based Leaders, an organisation that helps nurture start-ups.

- 'No unemployment' -

Shadi Atshan, Leader's director general, told AFP that in the start-up scene there was "no unemployment -- unlike almost all other industries and economic sectors in Palestine which have high unemployment".

"Those with good skills can earn a very high income."

The unemployment rate in the occupied Palestinian territories is 27 percent, according to figures from the Palestinian Central Bureau of Statistics.

The Ibtikar investment fund has invested around $800,000 (750,000 euros) in 10 start-ups so far, according to its chief operating officer Ambar Amleh. She stresses their work is not charity.

"This isn't work that should be funded by donors or grants. The expectations of making money should be there from the beginning because we are creating companies," she told AFP.

Palestinians are still a long way behind Israel, where companies in Tel Aviv's start-up scene regularly sell for tens or hundreds of millions of dollars.

In 2013, Google bought the Israeli traffic app Waze for more than $1 billion, a figure unimaginable in the Palestinian scene.

But Amleh points out the huge government support for Israeli start-ups, which don't exist in the Palestinian territories.

"I think more and more people are starting to see that they really can make something they have been dreaming about come true."

Hussein Nasir al-Din and his partner Laila Aqal have a business inextricably linked to the conflict -- monitoring the security situation in Israel and the Palestinian territories.

The Red Crow website, run out of a small office in Ramallah, monitors security developments and sends real-time alerts and maps to clients.

Their customers include UN agencies, diplomats and organisations that operate in the field and adjust their security programmes according to events.

Soon they want to expand to the Egyptian and Iraqi markets.

Source: AFP

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

palestinian startups innovate way past obstacles palestinian startups innovate way past obstacles

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

palestinian startups innovate way past obstacles palestinian startups innovate way past obstacles

 



GMT 18:56 2013 Thursday ,27 June

UAE banking sector back on upward track in May

GMT 03:17 2017 Wednesday ,09 August

Death Toll Rises to 18 in Oklahoma Tornadoes

GMT 05:40 2017 Wednesday ,06 December

Yemen rebels tighten hold after killing ex-strongman

GMT 12:51 2011 Friday ,12 August

Driouch records world’s fastest time in Sweden

GMT 22:37 2018 Tuesday ,16 January

Bahrain Press headlines

GMT 11:35 2016 Tuesday ,13 September

Kyrgios confident he'll be fit for Davis Cup

GMT 11:51 2017 Thursday ,12 October

Belgian transport minister quits over airport security

GMT 22:25 2016 Saturday ,12 November

In Egypt, prisons can also be workplace

GMT 01:08 2017 Tuesday ,01 August

Qatari leader to visit Poland on Thursday

GMT 06:21 2017 Tuesday ,28 March

Unprecedented challenges undermining Arab identity

GMT 16:11 2017 Thursday ,07 September

Bahraini-Hungarian ties discussed
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday