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

Qassim University launches 5th Innovation Incubator Program to boost startup ideas
News
Calendar Icon
February 26, 2026
Qassim University launches 5th Innovation Incubator Program to boost startup ideas
Read More
Saudi Arabia to host MIPIM Middle East 2026 in October
News
Calendar Icon
February 26, 2026
Saudi Arabia to host MIPIM Middle East 2026 in October
Read More
Saudi Arabia to launch 1st AAM test site in Riyadh
News
Calendar Icon
February 26, 2026
Saudi Arabia to launch 1st AAM test site in Riyadh
Read More
Sitecore deploys SitecoreAI platform in Saudi Arabia, UAE
News
Calendar Icon
February 25, 2026
Sitecore deploys SitecoreAI platform in Saudi Arabia, UAE
Read More
Accenture expands Saudi operations with new innovation hub at KAFD
News
Calendar Icon
February 25, 2026
Accenture expands Saudi operations with new innovation hub at KAFD
Read More
Ford eyes local manufacturing in Saudi Arabia as sales surge
News
Calendar Icon
February 25, 2026
Ford eyes local manufacturing in Saudi Arabia as sales surge
Read More
ASMO, Arcapita to build 1.4 mn sqm logistics facility in SPARK
News
Calendar Icon
February 25, 2026
ASMO, Arcapita to build 1.4 mn sqm logistics facility in SPARK
Read More
Saudi companies revisit IPO plans as market conditions stabilize
News
Calendar Icon
February 24, 2026
Saudi companies revisit IPO plans as market conditions stabilize
Read More
HUMAIN begins installing Qualcomm AI racks at data center
News
Calendar Icon
February 24, 2026
HUMAIN begins installing Qualcomm AI racks at data center
Read More
Saudi Arabia allows limited exemptions to regional HQ rule
News
Calendar Icon
February 23, 2026
Saudi Arabia allows limited exemptions to regional HQ rule
Read More