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  1. Mubasher News
  2. Wathiq receives funding to revolutionize Hajj, Umrah sector

Wathiq receives funding to revolutionize Hajj, Umrah sector

NOHA.GAD
Nov 25, 2024
Wathiq secured an undisclosed investment from angel investors to upgrade its digital solutions for Hajj and Umrah sector

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.

Tags

Saudi Arabia
Investments
Hajj and Umrah
AI
Digital solutions
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