Wathiq receives funding to revolutionize Hajj, Umrah sector

NOHA.GAD
Nov 25, 2024

Riyadh - Sharikat Mubasher: Wathiq, a leading Saudi provider of transportation solutions for Hajj and Umrah, successfully secured an undisclosed investment from several angel investors.

In a statement, the company revealed that it will use the investments to develop its application, provide hands-on digital solutions, and expand its operations to meet the growing needs of the Hajj and Umrah sector.

The investments will further fuel Wathiq’s plans to enhance the experiences of pilgrims and Umrah performers by leveraging artificial intelligence (AI) to provide real-time consultancies and facilitate the completion of the rituals.

CEO Omar Ahmed stated that the investment reflects investors’ trust in Wathiq’s vision and its capability to invest in the Umrah and Hajj services sector.

He noted that the investment is expected to solidify the company’s position in the market, enabling it to fulfill the different needs of pilgrims.

Wathiq is a specialized and leading system in the field of transporting specialized groups that cater to customers' needs for a comfortable, safe, and reliable transportation experience. It provides a modern fleet of specialized vehicles to suit a large segment of customers in various sectors.


Share

Related News

Wathiq receives funding to revolutionize Hajj, Umrah sector
News
Calendar Icon
November 25, 2024
Wathiq receives funding to revolutionize Hajj, Umrah sector
readmore
Riyadh gathers global cybersecurity experts at Black Hat MEA
News
Calendar Icon
November 24, 2024
Riyadh gathers global cybersecurity experts at Black Hat MEA
readmore
Kingdom launches new committee to enhance private sector role in petrochemicals
News
Calendar Icon
November 24, 2024
Kingdom launches new committee to enhance private sector role in petrochemicals
readmore
Saudi Arabia to host World Investment Conference on November 25-27
News
Calendar Icon
November 24, 2024
Saudi Arabia to host World Investment Conference on November 25-27
readmore
44 local, global startups graduate from stc InspireU accelerator
News
Calendar Icon
November 24, 2024
44 local, global startups graduate from stc InspireU accelerator
readmore
TAWAL, 5SKYE collab to empower Saudi Arabia’s digital future
News
Calendar Icon
November 24, 2024
TAWAL, 5SKYE collab to empower Saudi Arabia’s digital future
readmore
Report: Riyadh’s office space to witness 1mn sqm expansion by 2026
News
Calendar Icon
November 21, 2024
Report: Riyadh’s office space to witness 1mn sqm expansion by 2026
readmore
Snapchat lands new office, content creator’s council in Riyadh
News
Calendar Icon
November 21, 2024
Snapchat lands new office, content creator’s council in Riyadh
readmore
11 startups compete in Access Sharjah Challenge 2024 finale
News
Calendar Icon
November 21, 2024
11 startups compete in Access Sharjah Challenge 2024 finale
readmore
Monsha’at launches 6th edition of "Ebtker" Award
News
Calendar Icon
November 20, 2024
Monsha’at launches 6th edition of "Ebtker" Award
readmore