Rising To The Occasion: Meet The Finalists Of Dubai Smartpreneur Competition 4.0

The finalists of the Dubai Smartpreneur Competition 4.0 were selected out of more than 250 smart business ideas submitted this year.

Dubai Chamber

You're reading Entrepreneur Middle East, an international franchise of Entrepreneur Media.

The winners of the Dubai Smartpreneur Competition 4.0, presented by Dubai Startup Hub, the entrepreneurship support arm of Dubai Chamber of Commerce and Industry, and Smart Dubai, were announced during the closing ceremony of Entrepreneur Middle East’s Enterprise Agility Forum 2019 in Dubai last month, which gathered business leaders and representatives of Dubai’s entrepreneurial community.

Denarii Cash, a mobile application helping overseas workers to send remittances, has won the competition, while Arabee, an online multi-format Arabic language program, and Xpence, a digital-only intelligent business bank account for startups, came in second and third respectively.

According H.E. Majid Saif Al Ghurair, Chairman of Dubai Chamber of Commerce and Industry, the fourth cycle of the Dubai Smartpreneur competition saw a 217% surge in the number of international submissions compared to the previous cycle. Apart from the UAE, the competition attracted smart business concepts related to blockchain, artificial intelligence, and digital transformation from 19 countries in 2019, up from 6 countries in 2018, reflecting Dubai’s increasing attractiveness as an innovation hub and preferred market for international startups.

“Over 1,600 smart business ideas have been submitted to Dubai Smartprenuer competition since its launch, and we continue to see positive changes as the quality and calibre of applications and participants increases with every new cycle,” said H.E. Al Ghurair. “The benefits of participating in this unique programme go far beyond the recognition of winning, and extend to the training, development, mentorship, practical tips and rewarding experience that comes along with the pitching process.”

The Entrepreneur Middle East team talked with some of the finalists of the Fourth Dubai Smartpreneur Competition, who were selected out of more than 250 smart business ideas submitted to Dubai Startup Hub this year.

Jon Edward Santillan, founder, Denarii Cash

Ferakh Lakhany, co-founder, Arabee

Saad Ansari, co-founder and CEO, Xpence

Fadi Elghattis, co-founder, Cyber Accounting Services

Thomas Kohlen, co-founder, Peliere

Sevan Tavitian, founder, Giftrapp

Tarek El Bolbol, founder, Booklava

Arif Abed, co-founder, Monocle

Sunil Sivarajan, co-founder, Simplifai Labs

Nadim Habr, founder, DesignHubz

Related: Dubai’s University Free Zones Strategy To Power New Wave Of Student-Lead Innovation And Entrepreneurship In The Emirate

The winners of the Dubai Smartpreneur Competition 4.0, presented by Dubai Startup Hub, the entrepreneurship support arm of Dubai Chamber of Commerce and Industry, and Smart Dubai, were announced during the closing ceremony of Entrepreneur Middle East’s Enterprise Agility Forum 2019 in Dubai last month, which gathered business leaders and representatives of Dubai’s entrepreneurial community.

Denarii Cash, a mobile application helping overseas workers to send remittances, has won the competition, while Arabee, an online multi-format Arabic language program, and Xpence, a digital-only intelligent business bank account for startups, came in second and third respectively.

According H.E. Majid Saif Al Ghurair, Chairman of Dubai Chamber of Commerce and Industry, the fourth cycle of the Dubai Smartpreneur competition saw a 217% surge in the number of international submissions compared to the previous cycle. Apart from the UAE, the competition attracted smart business concepts related to blockchain, artificial intelligence, and digital transformation from 19 countries in 2019, up from 6 countries in 2018, reflecting Dubai’s increasing attractiveness as an innovation hub and preferred market for international startups.

Related Content

Growth Strategies

Navigating the New Normal: BlackRock’s 2026 Global Outlook

In an interview with Entrepreneur Middle East, Ben Powell, Chief Middle East and APAC Investment Strategist, BlackRock Investment Institute, breaks down the firm’s newly released Full-Year Global Outlook 2026 and what shifting economic forces mean for investors. As global markets stand at the cusp of significant structural change, the BlackRock Investment Institute’s Full-Year Global Outlook […]
Growth Strategies

Why Culture is Pharma’s Strongest Competitive Advantage

From where I sit, performance is rarely a question of capability. Most organizations are full of talented, well-intentioned people. The real question is whether those people feel safe enough to contribute fully; to question decisions, raise concerns, and admit uncertainty without fear. The pharmaceutical industry has never been short on pressure. It is highly regulated, […]
Business News

WEF 2026: UAE Doubling Down on Openness to Build a Resilient Economy, Says Badr Jafar

Held under the title The Great Rebalancing: Artificial Intelligence, Jobs, and the Future of Inclusive Growth, the session at the UAE Pavillion at the WEF Annual Meeting in Davos brought together H.E. Badr Jafar, the UAE’s Special Envoy for Business and Philanthropy, and Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), for a […]