In a step aimed at enhancing joint cooperation in investment, entrepreneurship, and supporting innovative startups, the Chief Executive Officer of Business World Company Ltd. for Investment and Studies, Dr. Rabea Ali Al-Awbathani, received a delegation from the Cooperative and Agricultural Credit Bank (CAC Bank). The delegation included Eng. Mohammed Darham Abu Hatim, Deputy CEO for Business Development, and Mr. Mohammed Bin Salm, Manager of the Hadhramout Branch, at the company’s headquarters in Mukalla. During the meeting, Dr. Al-Awbathani presented the company’s key initiatives in entrepreneurship development and startup support across vital sectors including education, energy, technology, and food industries. He also highlighted ongoing digital projects such as NextUp Platform, designed to support business leaders and manage startup incubators within universities and high schools. Both parties discussed mechanisms for strengthening the entrepreneurial ecosystem in Yemen, through the development of joint programs targeting youth and entrepreneurs via Bina Business Incubator for Entrepreneurship. They also explored the creation of a joint investment fund dedicated to supporting innovative startups in sectors such as deep technology, renewable energy, agriculture, health tech, fintech, and education, emphasizing the importance of adopting innovative systems and international best practices. Following the meeting, the CAC Bank delegation toured the company’s facilities, where they learned about the national talent within the company and reviewed its key ongoing initiatives, including the Hadhramout Community College Project, which the company aims to launch as a strategic step toward advancing vocational and technical education in Yemen, as well as the Bina Yemen Incubator Initiative, supported by the Islamic Development Bank.
