Wathiq receives funding to revolutionize Hajj, Umrah sector

user icon
NOHA.GAD
calender icon
Nov 25, 2024
article image

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

Takamol Holding invests in Saqr Fund II to support entrepreneurship in Kingdom
News
Calendar Icon
November 16, 2025
Takamol Holding invests in Saqr Fund II to support entrepreneurship in Kingdom
Read More
SDAIA to organize fourth Global AI Summit in September 2026
News
Calendar Icon
November 13, 2025
SDAIA to organize fourth Global AI Summit in September 2026
Read More
Shory Group expands into Saudi market after securing official license
News
Calendar Icon
November 13, 2025
Shory Group expands into Saudi market after securing official license
Read More
CODE to convene global tech leaders at Multiverse 2025 in Silicon Valley
News
Calendar Icon
November 13, 2025
CODE to convene global tech leaders at Multiverse 2025 in Silicon Valley
Read More
RAÝH launches in Riyadh to help investors turn assets into startups
News
Calendar Icon
November 13, 2025
RAÝH launches in Riyadh to help investors turn assets into startups
Read More
Capgemini Report: AI Agents to deliver $450bn to Financial Sector by 2028
News
Calendar Icon
November 12, 2025
Capgemini Report: AI Agents to deliver $450bn to Financial Sector by 2028
Read More
Valor Hospitality expands in Saudi Arabia with major hotel portfolio deal
News
Calendar Icon
November 12, 2025
Valor Hospitality expands in Saudi Arabia with major hotel portfolio deal
Read More
DataCamp acquires Dubai-based Optima in $15 mn deal
News
Calendar Icon
November 12, 2025
DataCamp acquires Dubai-based Optima in $15 mn deal
Read More
Saudi fintech Lean Technologies eyes expansion, future IPO
News
Calendar Icon
November 12, 2025
Saudi fintech Lean Technologies eyes expansion, future IPO
Read More
Saudi Arabia to Join G20 Startup20 Summit in Johannesburg
News
Calendar Icon
November 12, 2025
Saudi Arabia to Join G20 Startup20 Summit in Johannesburg
Read More