Muscat – Inspiring budding entrepreneurs to share their inventions, ideas and entrepreneurial success stories with the world, Shell Intilaaqah started a nation-wide campaign to encourage Omani talent to apply to the 2019 Shell LiveWIRE Top Ten Innovators competition. This contest rewards outstanding examples of innovation and creates role models to empower young entrepreneurs across the world. Inspired by circular economy theme, the competition has three separate award categories focused on a different element of the circular economy.

To raise awareness about this year’s competition which targets its alumini as well as its iClub members, Shell Intilaaqah had conducted several activities in Oman and recently held an event at the German University of Technology in Oman (GUtech). The session shed light on the competition, which aims to reward exceptional examples of innovation by Shell LiveWIRE-supported entrepreneurs, which is also held in partnership with Shell Global Commercial for the 2019 edition.

This year’s competition has three categories - Food and Agriculture, Energy and Mobility, and Sustainable Future. The winners will receive an award package which includes mentoring support by a Shell expert and the opportunity to explore supply opportunities within Shell’s global network. The chosen winners from each category will be announced during the Global Entrepreneurship Week later this year.

Najwa Al Kindi, Director of Shell Intilaaqah Oman, said, “This competition rewards entrepreneurs who work towards achieving their business goals, while having a positive impact on their communities and in this year’s edition, the economy in general. The participation of

Omani entrepreneurs will inspire other entrepreneurs to follow suit in their pursuit of success as business owners. This year’s interactive event at GUtech also spread awareness about Shell Intilaaqah and its support to small and medium enterprises across the Sultanate through activities such as the Intilaaqah Club (iClub), our recently launched alumni-dedicated association for business people who are eager to succeed in the marketplace, while also sharing their stories with their peers.” 

Ahmed Saud Al Salmi, Managing Director of GUbridge at GUtech said, “We believe budding entrepreneurs must be innovators if they are to become successful business people. There is a wealth of creative talent in the Sultanate and contests such as these are key to fostering and unlocking it. We are sure the winners will go on to achieve great things.”

About Shell Intilaaqah Oman

Shell Intilaaqah, Oman Shell’s social investment arm of Shell LiveWire International, is dedicated to supporting entrepreneurs and Small & Medium Enterprises (SMEs) through all stages of entrepreneurship, starting from generating an idea, developing a feasibility study and a business plan, to supporting the growth of startups. The programme involves five stages of modular training, counselling and support tailored to provide aspiring Omani youth with the skillsets required to develop original and feasible ideas into real businesses.

For media enquiries contact:
Mr. Nureddin Wefati
Head of Media Relations for Middle East & North Africa
Shell EP International
Tel: +971 4 705 5347
Cell: +971 56 216 2409
Nureddin.Wefati@Shell.com

Mr. Hassan Almarashi
Spokesperson Middle East & North Africa
Shell EP International Ltd
Tel:   +971 4 705 5783
Cell: +971 56 226 0924
Hassan.Almarashi@Shell.com

Cautionary Note

The companies in which Royal Dutch Shell plc directly and indirectly owns investments are separate legal entities. In this announcement “Shell”, “Shell group” and “Royal Dutch Shell” are sometimes used for convenience where references are made to Royal Dutch Shell plc and its subsidiaries in general. Likewise, the words “we”, “us” and “our” are also used to refer to subsidiaries in general or to those who work for them. These expressions are also used where no useful purpose is served by identifying the particular company or companies. ‘‘Subsidiaries’’, “Shell subsidiaries” and “Shell companies” as used in this announcement refer to companies over which Royal Dutch Shell plc either directly or indirectly has control. Entities and unincorporated arrangements over which Shell has joint control are generally referred to as “joint ventures” and “joint operations” respectively. Entities over which Shell has significant influence but neither control nor joint control are referred to as “associates”. The term “Shell interest” is used for convenience to indicate the direct and/or indirect ownership interest held by Shell in a venture, partnership or company, after exclusion of all third-party interest.

This announcement contains forward-looking statements concerning the financial condition, results of operations and businesses of Royal Dutch Shell. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements of future expectations that are based on management’s current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements include, among other things, statements concerning the potential exposure of Royal Dutch Shell to market risks and statements expressing management’s expectations, beliefs, estimates, forecasts, projections and assumptions. These forward-looking statements are identified by their use of terms and phrases such as ‘‘anticipate’’, ‘‘believe’’, ‘‘could’’, ‘‘estimate’’, ‘‘expect’’, ‘‘goals’’, ‘‘intend’’, ‘‘may’’, ‘‘objectives’’, ‘‘outlook’’, ‘‘plan’’, ‘‘probably’’, ‘‘project’’, ‘‘risks’’, “schedule”, ‘‘seek’’, ‘‘should’’, ‘‘target’’, ‘‘will’’ and similar terms and phrases. There are a number of factors that could affect the future operations of Royal Dutch Shell and could cause those results to differ materially from those expressed in the forward-looking statements included in this announcement, including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes in demand for Shell’s products; (c) currency fluctuations; (d) drilling and production results; (e) reserves estimates; (f) loss of market share and industry competition; (g) environmental and physical risks; (h) risks associated with the identification of suitable potential acquisition properties and targets, and successful negotiation and completion of such transactions; (i) the risk of doing business in developing countries and countries subject to international sanctions; (j) legislative, fiscal and regulatory developments including regulatory measures addressing climate change; (k) economic and financial market conditions in various countries and regions; (l) political risks, including the risks of expropriation and renegotiation of the terms of contracts with governmental entities, delays or advancements in the approval of projects and delays in the reimbursement for shared costs; and (m) changes in trading conditions. No assurance is provided that future dividend payments will match or exceed previous dividend payments. All forward-looking statements contained in this announcement are expressly qualified in their entirety by the cautionary statements contained or referred to in this announcement. Readers should not place undue reliance on forward-looking statements. Additional risk factors that may affect future results are contained in Royal Dutch Shell’s 20-F for the year ended December 31, 2016 (available at www.shell.com/investor and www.sec.gov). These risk factors also expressly qualify all forward looking statements contained in this announcement and should be considered by the reader. Each forward-looking statement speaks only as of the date of this announcement, July 3rd, 2019. Neither Royal Dutch Shell plc nor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those stated, implied or inferred from the forward-looking statements contained in this announcement.

We may have used certain terms, such as resources, in this announcement that United States Securities and Exchange Commission (SEC) strictly prohibits us from including in our filings with the SEC. U.S. Investors are urged to consider closely the disclosure in our Form 20-F, File No 1-32575, available on the SEC website www.sec.gov

© Press Release 2019

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