Omoda and Jaecoo held a grand launch in Riyadh

Omoda and Jaecoo held a grand launch in Riyadh
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Omoda and Jaecoo held a grand launch in Riyadh
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Updated 30 July 2024
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Omoda and Jaecoo held a grand launch in Riyadh

Omoda and Jaecoo held a grand launch in Riyadh

Omoda and Jaecoo held a grand brand launch event on July 29 at the Fairmont Hotel in Riyadh. 

The event attracted over 250 renowned local media and industry key opinion leaders (KOL) and received significant attention from the Saudi Ministry of Investment and the Ministry of Energy. 

Several high ranking government officials were also present to witness the launch.

The event commenced with a dazzling light show, and digital hologram host made a surprise appearance to host the live event. 

This innovative approach not only provided a stunning visual and auditory experience for the audience but also showcased Omoda and Jaecoo’s commitment to future technology and fashion trends.

Omoda and Jaecoo target new generation lifestyle enthusiasts and urban elites, respectively. The former aims to explore new avenues in the smart and electric vehicle era, while the latter, with its fearless spirit of exploration, strives to break boundaries in the global off-road vehicle market.

In the Omoda series, the C5, with its "Art in Motion" design philosophy, embodies a unique and stylish crossover SUV style. 

Its exterior design combines a diamond-cut geometric matrix grille, dynamic and powerful waistline, 18-inch dual-color blade wheels, and the signature coupe SUV fastback silhouette, exuding a futuristic technological feel. 

In terms of safety, the C5's body is made of 78 percent ultra-high-strength steel and comes standard with advanced intelligent driving assistance systems, providing world-class safety and comfort for passengers.

At the event, the Omoda C5, as one of the star models in the OMODA series, showcased its distinctive and stylish crossover SUV style with its "Art in Motion" design philosophy. 

Its exterior design features a diamond-cut geometric matrix grille, dynamic and powerful waistline, 18-inch dual-color blade wheels, and a couple of SUV fastback silhouette, highlighting its futuristic technological feel. 

This model, with world-class safety capabilities, has a body made of 78 percent ultra-high-strength steel and is equipped with advanced intelligent driving assistance systems to ensure the safety and comfort of passengers.

The Jaecoo J7, equipped with the ARDIS all-terrain intelligent system, exemplifies the Jaecoo series' "From Classic to Beyond Classic" concept. 

This system endows the J7 with excellent passability on various complex terrains such as sand, mud, and off-road, ensuring Saudi users can enjoy an ultimate driving experience in any travel scenario. 

In terms of power, the J7 is equipped with a 1.6TGDI engine with a peak torque of 290N·m, paired with a 7-speed wet dual-clutch transmission, providing an excellent driving experience. All J7 models are built to extremely high safety standards, featuring an innovative energy-absorbing cage body design, over 80 percent high-strength steel, and leading ADAS systems, collectively constructing a "Beyond Classic" safety system and intelligent protection.

Omoda and Jaecoo CEO Shawn Xu delivered a strategic speech at the launch event, sharing the brand's remarkable achievements in the global market. 

In just over a year since its establishment, Omoda and Jaecoo has achieved cumulative global sales exceeding 260,000 units, with export sales in the first half of 2024 seeing a 54 percent year-on-year increase. 

This achievement not only confirms the brand's status as one of the fastest-growing automotive brands globally but also demonstrates its strong competitiveness in the global automotive market.

Behind these achievements is Omoda and Jaecoo's relentless pursuit of deep market penetration and product innovation.

In the future, Omoda and Jaecoo will continue to deepen their presence in the Saudi market, positioning it as a crucial hub for rapid advancement in the Middle East and the global market. 

As a personalized new energy vehicle brand, Omoda and Jaecoo will focus on the new energy field, offering models with various power options, including BEV, PHEV, and ICE, to meet diverse consumer needs.

Omoda and Jaecoo's global strategy extends beyond the Middle East. In Europe, the brand is expanding rapidly. 

From the launch event in Spain this February, the establishment of the first factory in Barcelona, to the market layout in Poland and Italy, Omoda and Jaecoo are not only expanding their sales and service network and supply chain system rapidly but also demonstrating their service capabilities and system construction ability in the global automotive industry. 

Additionally, the "Go Paris" tour event held during the centennial sports event in Paris further highlighted the brand's charm and determination to expand in the European market.

Looking globally, Omoda and Jaecoo view the European market as a testing ground for the survival of technology and products and as a key area for building an international brand. 

According to the "2030 Strategy" plan, the brand aims to enter over 60 countries and regions worldwide, establish more than 3,000 global sales and service networks, and lead the automotive industry trend through continuous technological innovation and product upgrades, providing global consumers with safer, greener, and smarter travel experiences.


With new offices in Riyadh and Dubai, Trendyol expands presence in region

With new offices in Riyadh and Dubai, Trendyol expands presence in region
Updated 21 October 2024
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With new offices in Riyadh and Dubai, Trendyol expands presence in region

With new offices in Riyadh and Dubai, Trendyol expands presence in region

Trendyol, a leading e-commerce platform, has announced plans to expand its presence in the Gulf, following a successful first year in the region. In the coming weeks, the company will open offices in Riyadh and Dubai, recruit 50 office staff, and establish a dedicated warehouse in Saudi Arabia. Over 500 staff have already been hired for its warehouses across the region. The Istanbul-headquartered brand is also planning to add more local SMEs from the Gulf to its marketplace by the end of the year, complementing the 650 international brands that have begun selling on the platform in recent months. 

The expansion comes as Trendyol launches an exclusive AI-designed fashion collection as part of its private label, Trendyol Collection, specifically tailored for the Gulf market. The modest range, designed in-house using cutting-edge AI, features elegant chiffon dresses, multi-use outfits, and blouses with dramatic collars. It also showcases fashionable ruffle and belt details, offering styles that reflect the region’s unique trends. This launch follows the success of Trendyol’s recent Ramadan collection, which was similarly designed with local preferences in mind.

Since launching its operations in the GCC 12 months ago, Trendyol has attracted over 3 million customers, processing more than 1 million orders per month during peak periods, with 80 percent of these orders originating from Saudi Arabia. The platform sees 600,000 daily visitors and has surpassed 13 million app downloads. With its extensive range of the latest trends at affordable prices, from a wider selection of brands, Trendyol aims to maintain its momentum by increasing its investment in marketing for the upcoming November peak sales period.

“Our progress in the Gulf to date has been incredibly pleasing and we see real potential for growth here. This has given us the confidence to set up local offices, recruit dedicated team members, and enhance our logistics capabilities to better serve our customers and business partners right across the region,” said Çağlayan Çetin, president of Trendyol Group. 

“The launch of our AI-designed collection is another superb example of our tech and design skills and our ever-present commitment to bringing the right products to the Gulf at the right time,” added Çetin.

Trendyol is also entering the third year of its Global Sustainable Impact Plan. This comprehensive sustainability strategy and roadmap underpins Trendyol’s sustainable production, human rights protection, carbon reduction, responsible packaging and waste management activities, as well as initiatives that promote DEI, female empowerment, and digital training in remote areas of Türkiye. The report on the progress over the last 12 months will be launched later this year.


Meena Healthcare showcases innovative offerings at Global Health Exhibition

Meena Healthcare showcases innovative offerings at Global Health Exhibition
Updated 21 October 2024
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Meena Healthcare showcases innovative offerings at Global Health Exhibition

Meena Healthcare showcases innovative offerings at Global Health Exhibition

Meena Healthcare, a subsidiary of Tawuniya Insurance, is participating in the Global Health Conference to showcase its key primary healthcare services and highlight the innovative solutions it will provide with high-quality standards for the population in the Kingdom.

Meena Healthcare combines dedicated family physicians with next-generation digital tools, to offer convenient locations that provide a personalized and seamless healthcare experience. By 2028, Meena Healthcare seeks to significantly expand its presence across the Kingdom, aligning with the objectives of Vision 2030.

Mohannad Al-Saab, CEO of Meena, said: “We are excited about this participation, which will give us the opportunity to push the boundaries of innovation in healthcare and enhance our role in inspiring positive change in how people manage their health.” He added: “At Meena, we are committed to redefining healthcare through flexibility, integration, and a patient-centered approach. This participation will strengthen our local and international presence and provide top-notch primary healthcare services that are accessible, convenient, and tailored to meet the needs of every individual in the community.

Meena Healthcare was established in January 2023 as a subsidiary of Tawuniya and has quickly become a leading model in delivering patient-centered primary healthcare in Saudi Arabia. Meena is at the forefront of the next generation of healthcare, currently managing three clinics and a center that offers selected healthcare services. Meena aims to expand throughout the Kingdom by 2028, in line with Vision 2030, to provide accessible healthcare for all segments of society, from healthy individuals to those with chronic illnesses. By integrating preventive-focused digital solutions with high-quality physical care, Meena seeks to transform the primary healthcare sector, featuring convenient clinic locations, a distinguished app, customized care plans, and premium patient experience.


Takamol Holding signs 16 agreements with top global firms at GITEX Global 2024

Takamol Holding signs 16  agreements with top global firms at GITEX Global 2024
Updated 21 October 2024
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Takamol Holding signs 16 agreements with top global firms at GITEX Global 2024

Takamol Holding signs 16  agreements with top global firms at GITEX Global 2024

Takamol Holding Company wrapped up its participation in GITEX Global 2024 by signing 16 agreements and MoUs with major local, regional, and international companies. The event, held in Dubai with the theme “Global Collaboration to Build a Future AI Economy,” drew significant interest to Takamol’s booth throughout the exhibition.

Takamol’s deals at GITEX included important partnerships, such as an agreement with Saudi Aramco to enable workforce assignment verification through the labor sector platforms Qiwa and Ajeer. Additionally, Takamol signed an MoU with Oracle to boost collaboration in digital transformation, including the use of Oracle’s cloud services in Saudi Arabia.

Takamol also signed a key agreement with Bank AlBilad to raise awareness about disability services. The partnership includes support for an awareness program and app, promotion of the Mowaamah initiative on media platforms, and the launch of focused campaigns. Additionally, the agreement provides for sign language interpreters in joint efforts.

On the sidelines of GITEX, Takamol signed an MoU with Expert Vision Consulting. The partnership will explore growth opportunities and strengthen collaboration in consulting services. This partnership will combine both firms’ expertise to deliver new solutions using strategy, technology, and innovation across various sectors.

Takamol also signed two important deals to push digital transformation in Saudi Arabia. The company partnered with General Assembly to offer training programs in data, technology, and AI to speed up the Kingdom’s digital goals. In another deal, Takamol teamed up with Tiqmo to simplify domestic workers’ salary payments through the Musaned platform, integrating the Tiqmo digital wallet.

Moreover, Takamol expanded its partnerships by signing two key agreements. This includes an MoU with Serco to work together on consulting services and studies aimed at improving service quality and operational efficiency. In another deal, Takamol partnered with North Highland to provide digital transformation solutions for Saudi Arabia’s public sector.

At the event, Takamol showcased its innovative products and services designed to address challenges faced by individuals, businesses, and society. The company highlighted its solutions for both public and private sectors, using AI, automation, and digital transformation. Takamol’s offerings simplify operations and help achieve key goals.

This year, GITEX Global, a leading tech exhibition, reaffirmed its role as a top platform for tech innovators and investors. The event featured the latest advancements in AI, cybersecurity, and sustainable technologies. This year’s exhibition saw over 180 countries represented, with more than 6,500 technology companies and 400 government bodies attending. GITEX gave participants the chance to connect with industry leaders and explore emerging tech trends.


IV ONE opens in Riyadh to revolutionize infusion therapy care for patients with chronic conditions

IV ONE opens in Riyadh to revolutionize infusion therapy care for patients with chronic conditions
Updated 21 October 2024
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IV ONE opens in Riyadh to revolutionize infusion therapy care for patients with chronic conditions

IV ONE opens in Riyadh to revolutionize infusion therapy care for patients with chronic conditions

IV ONE, the first dedicated medical intravenous therapy center in Saudi Arabia, has opened its doors and is accepting patients this month, marking a significant milestone in the transformation and delivery of infusion therapy for patients with chronic illnesses, autoimmune disorders, and nutrient deficiencies in the Kingdom and GCC region.

Incubated by TVM Capital Healthcare, a global growth capital firm targeting unmet medical needs in emerging markets, IV ONE is the first of its kind in Saudi Arabia and positioned to become the Kingdom’s premier referral hub for outpatient infusion therapy. 

IV ONE places significant emphasis on addressing the unique needs of every patient, thereby enhancing the quality of care and patient experience, reducing the time to service, enhancing drug adherence, and generally the clinical outcomes. The IV ONE team comprises specialized infusion nurses, pharmacists, and physicians, as well as administrative professionals with decades of experience in healthcare management and service delivery. 

With a fully integrated health information system, patients and physicians can expect seamless communication with clinical experts throughout the entire care journey, from referral to post-treatment care. This results in better health outcomes and a higher quality of life, through improved management of patients’ long-term treatment needs in a way that minimizes disruption to their daily lives.

“IV ONE is dedicated to revolutionizing access to specialized infusion therapy and enhancing the lives of individuals with long-term and chronic conditions,” said Michael Davis, chairman of IV ONE. “Our vision aligns with the Kingdom’s Vision 2030 and National Health Transformation Program’s healthcare goals.” 

“Given the tremendous need for high quality and efficient infusion clinics outside of the hospital, we have already begun laying the groundwork for expansion across the Kingdom over the next three years,” said Ghida Harfouche, partner at TVM Capital Healthcare. 

Dr. Yazeed Al-Sufyani, chief commercial officer of IV ONE, added: “This project aims to provide cost-effective, high-quality healthcare solutions while offering unparalleled patient experience. Starting in Riyadh, we look forward to providing the service across the Kingdom.”

For more information about IV ONE, visit https://ivonehealth.com/landing/

 


Saudi Arabia tops global chart in click-and-mortar shopping

Saudi Arabia tops global chart in click-and-mortar shopping
Updated 20 October 2024
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Saudi Arabia tops global chart in click-and-mortar shopping

Saudi Arabia tops global chart in click-and-mortar shopping

Saudi Arabia has emerged as the global leader in click-and-mortar shopping, with more than 55 percent of consumers favoring this hybrid shopping method — well above the global average of 39 percent, according to a recent study by PYMNTS Intelligence and Visa Acceptance Solutions. The “2024 Global Digital Shopping Index: KSA Edition” highlights that Saudi Arabia’s millennial shoppers are driving this trend, with nearly six in 10 reporting they have most recently shopped using a click-and-mortar approach. The study, conducted between September and December 2023, surveyed 1,392 consumers and 414 merchants in Saudi Arabia, offering a comparative insight from a broader survey of 13,904 consumers and 3,512 merchants across seven countries, including Brazil, India, the UAE, Mexico, the US, and the UK.

The study highlights emerging trends in consumer behavior, documenting the rise of click-and-mortar shopping experiences, where digital tools seamlessly integrate with physical locations. This hybrid approach is replacing the traditional divide between online-only and in-store-only shopping.

In Saudi Arabia, the demand for an enhanced click-and-mortar experience is strong. Saudi merchants offer an average of 28 digital shopping features out of the 34 identified in the study — ranking higher in this metric than merchants in any of the other six countries surveyed.