ASYAD GLOBAL START-UP CHALLENGE CONCLUDES WITH TOP 3 WINNERS
Asyad Group announced the three final winning companies of Asyad Global Start-Up Challenge organized in partnership with Hypermotion Dubai and Omantel, the Sultanate’s technology arm, winning a total prize of US$ 50,000. Showcasing how to harness emerging technologies to advance the transport and logistics sectors, Cubex Global from the UAE took home 1st place with a prize of US$ 25,000, while US-based UVL Robotics home-grown from Oman and PalletPal from the USA were awarded 2nd and 3rd place respectively.
The intense competition saw 12 semi-finalists pitch to a panel of international judges and investors. A launch-pad for budding entrepreneurs, Asyad Global Start-up Challenge provided participants with an opportunity to engage with peers from around the world and share sustainable forward-thinking solutions to increase the competitiveness of the sector both locally and internationally. In line with its drive to support local start-ups as a key driver of economic growth, Asyad Group sponsored the participation of 3 Omani companies in the challenge.
The last day of the Challenge included several enlightening discussions presented by Asyad Group represented by SOHAR Port and Freezone and Oman Post Asyad Express as well as its strategic partners, Omantel. The sessions focused on the importance of technology in port management, supply chain efficiencies and last mile delivery in e-commerce as well as 5G as a catalyst for sector growth.
The startup challenge was highly competitive and selective. Having whittled down almost 50 applications to just 12, the final competition included seven regional companies and five internationals.
As part of its efforts to bring Oman’s competitiveness in the logistics sector to the forefront, Asyad Global Logistics Start-up Challenge aimed to capitalize on the power of data and attract global talent all the while creating a nurturing environment for creative solutions. The innovation-driven event marked a successful participation of Asyad Group in Expo 2020 Dubai.
Other news
Asyad’s Sohar Max Paves the Way for Green Shipping with Wind Power Propulsion
Asyad Group has announced the launch of the massive cargo vessel “Sohar Max,” utilizing wind propulsion technology to achieve superior environmental efficiency. This strategic initiative reflects a forward-looking commitment to sustainability in maritime transportation. The ambitious project underscores Asyad’s dedication to delivering innovative solutions that drive the maritime sector’s transition to sustainability by integrating wind propulsion technologies that significantly reduce carbon emissions and lead the shift toward cleaner and more efficient energy in maritime operations.
Read moreASYAD GROUP EXECUTES FIRST DIRECT AIRFREIGHT SHIPMENT OF DRIFT CARS FROM OMAN TO RUSSIA
Demonstrating its expertise and leadership in high-value logistics, Asyad Group has successfully executed direct air export of drift cars, marking a groundbreaking achievement for the local logistics sector. The Oman Automobile Association (OAA) entrusted Asyad with the seamless transportation of the Russian racing team ‘Time Up’ drift cars, which were flown from Muscat to Moscow.
Read moreAsyad Group Reinforces its position as a Global Logistics Services Provider and Oman’s Competitiveness During Logistics Day 2025
Asyad Group, global integrated logistics provider, reaffirmed its pivotal role in shaping the Sultanate of Oman’s logistics future through its active participation in the Logistics Day 2025 organized by the Ministry of Transport, Communications, and Information Technology. The Group continues to deliver on its mandate to enhance Oman’s global competitiveness, leveraging its integrated solutions, sustainable initiatives, and strategic partnerships to create a resilient, investor-friendly logistics ecosystem aligned with Oman Vision 2040.
Read more