Latest news with #GuaranteeScheme
Time of India
30-07-2025
- Business
- Time of India
State govt transfers several top IAS officers in major reshuffle
T'puram: In a major reshuffle involving top IAS officers, govt transferred several officials, including four district collectors. Priyanka G, Palakkad collector, will be the new Ernakulam collector. Madhavikutty M S is the new Palakkad collector. Chetan Kumar Meena, additional resident commissioner at Kerala House in New Delhi, was appointed as the new Kottayam collector. Dinesan Cheruvat, director of panchayats, is the new Idukki collector. Among the reshuffle of other bureaucrats, K Vasuki, secretary, labour and skills department, was transferred and posted as secretary, general education department. Shanavas S, director of general education, was posted as special secretary, labour and skills department. The officer will hold full additional charge of the post of director of panchayats. Sheeba George, additional secretary, revenue department, was posted as additional secretary, health and family welfare department. Chithra S, additional secretary and officer on special duty, local self govt department, is now the additional secretary, general education department. Geetha A, joint commissioner, land revenue, was transferred and posted as additional secretary, revenue department. Geromic George, on return from study leave, is posted as principal director, local self govt department. Umesh NSK, Ernakulam collector, is now the director of general education. The officer will hold the full additional charge of managing director, Kerala Financial Corporation. V Vigneshwari, Idukki collector, was transferred and posted as additional secretary, agriculture department. The officer will hold the full additional charges of deputy project director, Kerala Climate Resilient Agri-Value Chain Modernization Project (KERA) and director, Centre for Continuing Education Kerala. John V Samuel, Kottayam collector, was posted as director, state water transport department. Nizamudeen A, mission director, Mahatma Gandhi National Rural Employment Guarantee Scheme, is now the director, Kerala Institute of Local Administration. Sreedhanya Suresh, inspector general of registration, was posted as additional director (general), tourism. Aswathy Srinivas, managing director, Kerala State Civil Supplies Corporation Limited, is the new additional resident commissioner, Kerala House, New Delhi. The officer will hold the full additional charge of director, Kerala state insurance department. Arun J O, director, backward classes development department, was posted as chief operating officer, Township Project Wayanad. Meera K, sub collector Fort Kochi, is now the director, survey and land records department. Mithun Premraj, sub collector Ottapalam, is transferred and posted as joint commissioner, land revenue. Misal Sagar Bharat, sub collector, Mananthavady, is now the deputy secretary and officer on special duty, scheduled castes, scheduled tribes and backward classes development department. Harshil R Meena, sub collector, Kozhikode, was posted as director, Environment and Climate Change. Jayakrishnan V M, sub collector, Devikulam, is the new managing director, Kerala State Civil Supplies Corporation Limited.
Arabian Business
15-04-2025
- Business
- Arabian Business
UAE's Quiqup expands e-commerce logistics services into Saudi Arabia
Quiqup, a UAE-based e-commerce logistics provider, has announced the successful launch of its core fulfilment and delivery services in Saudi Arabia, marking a major milestone in its regional expansion. The move is backed by the strategic support of the Mohammed Bin Rashid Innovation Fund (MBRIF), which has played a pivotal role in helping Quiqup expand its operations and double its business in the past two years. The company's expansion comes after its notable impact on the UAE's e-commerce ecosystem, and aligns with its strategy to offer integrated logistics solutions to businesses across the GCC. Founded in the UAE in 2017, Quiqup provides comprehensive logistics services, focusing on small and medium-sized enterprises (SMEs). The company offers storage, sorting, packaging, and delivery services. Quiqup enters Saudi market Bassel El Koussa, CEO of Quiqup, said the expansion into Saudi Arabia is a natural next step, driven by the company's customers' evolving needs. 'With the increasing demand for seamless cross-border logistics solutions, we are proud to extend our services to neighboring markets,' he said. El Koussa said the company sees the GCC as a connected e-commerce ecosystem where operational efficiencies in one market enhance the overall regional performance. A key driver behind Quiqup's success has been the Mohammed Bin Rashid Innovation Fund (MBRIF), which supported the company through its Guarantee Scheme loan programme. This strategic backing enabled Quiqup to scale operations, double its business in two years, and grow its customer base by 77 per cent year-on-year between 2023 and 2024, the company said. Fatima Yousif Alnaqbi, Acting Assistant Undersecretary for the Support Services Sector at the Ministry of Finance, and the Ministry's representative at MBRIF, said supporting the success of high-potential innovators who contribute to economic growth is one of the core objectives of the Mohammed Bin Rashid Innovation Fund. 'Quiqup's journey exemplifies how strategic support, combined with innovation and market expertise, can drive a company's growth and create a meaningful economic impact,' she said.
Zawya
15-04-2025
- Business
- Zawya
UAE-based e-commerce firm Quiqup launches Saudi operations
Quiqup, a UAE-based e-commerce logistics provider, has launched its core fulfillment and delivery services in Saudi Arabia, marking a major milestone in its regional expansion. This move is backed by the strategic support of the Mohammed bin Rashid Innovation Fund (MBRIF), which has played a pivotal role in helping Quiqup expand its operations and double its business in the past two years. The company's expansion comes after its notable impact on the UAE's e-commerce ecosystem and aligns with its strategy to offer integrated logistics solutions to businesses across the GCC. Founded in the UAE in 2017, Quiqup provides comprehensive logistics services, focusing on small and medium-sized enterprises (SMEs). The company offers storage, sorting, packaging, and delivery services. With its expansion into Saudi Arabia, commercial clients in the Kingdom can now access Quiqup's reliable and efficient fulfillment services. Strategic Support Fatima Yousif Alnaqbi, Acting Assistant Undersecretary for the Support Services Sector at MoF, and the ministry's representative at MBRIF, said: "Supporting the success of high-potential innovators who contribute to economic growth is one of the core objectives of the Mohammed bin Rashid Innovation Fund. Quiqup's journey exemplifies how strategic support, combined with innovation and market expertise, can drive a company's growth and create a meaningful economic impact." She added: "Over the past few years, we have worked closely with Quiqup through our Guarantee Scheme and have seen the company's outstanding potential in reshaping the e-commerce logistics sector in the UAE. Its expansion into Saudi Arabia is a testament to its ability to apply its expertise and innovative solutions in new markets. We look forward to supporting its continued growth across the region." Driving Growth Bassel El Koussa, CEO of Quiqup, said: "Our expansion into Saudi Arabia is a natural next step, driven by our customers' evolving needs. With the increasing demand for seamless cross-border logistics solutions, we are proud to extend our services to neighboring markets. We see the GCC as a connected e-commerce ecosystem where operational efficiencies in one market enhance the overall regional performance." "By building a robust and integrated platform, we are not only expanding our reach but also contributing to a more efficient and interconnected logistics network. Our strong track record in the UAE serves as a solid foundation for our operations in Saudi Arabia, and we look forward to working with e-commerce businesses in the Kingdom to support their growth and contribute to the local economy," he added. A key driver behind Quiqup's success has been the Mohammed Bin Rashid Innovation Fund (MBRIF), which supported the company through its Guarantee Scheme loan program. This strategic backing enabled Quiqup to scale operations, double its business in two years, and grow its customer base by 77% year-on-year between 2023 and 2024, multiplying it by 25X since 2021. The company remains on track to achieve profitability by Q4 2025, a statement said. – TradeArabia News Service Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Arab News
14-04-2025
- Business
- Arab News
UAE startup Quiqup enters Saudi logistics market
Quiqup, a UAE-based e-commerce logistics provider, has launched its core fulfillment and delivery services in Saudi Arabia, marking a major milestone in its regional expansion. This move is backed by the strategic support of the Mohammed bin Rashid Innovation Fund, which has played a pivotal role in helping Quiqup expand its operations and double its business in the past two years. The company's expansion comes after its notable impact on the UAE's e-commerce ecosystem and aligns with its strategy to offer integrated logistics solutions to businesses across the GCC. Founded in the UAE in 2017, Quiqup provides comprehensive logistics services, focusing on small and medium-sized enterprises. The company offers storage, sorting, packaging, and delivery services. With its expansion into Saudi Arabia, commercial clients in the Kingdom can now access Quiqup's reliable and efficient fulfillment services. Fatima Yousif Alnaqbi, acting assistant undersecretary for the support services sector at UAE Ministry of Finance, and the ministry's representative at MBRIF, said: 'Supporting the success of high-potential innovators who contribute to economic growth is one of the core objectives of the Mohammed bin Rashid Innovation Fund. Quiqup's journey exemplifies how strategic support, combined with innovation and market expertise, can drive a company's growth and create a meaningful economic impact.' She added: 'Over the past few years, we have worked closely with Quiqup through our Guarantee Scheme and have seen the company's outstanding potential in reshaping the e-commerce logistics sector in the UAE. Its expansion into Saudi Arabia is a testament to its ability to apply its expertise and innovative solutions in new markets. We look forward to supporting its continued growth across the region.' Bassel El-Koussa, CEO of Quiqup, said: 'Our expansion into Saudi Arabia is a natural next step, driven by our customers' evolving needs.' With the increasing demand for seamless cross-border logistics solutions, we are proud to extend our services to neighboring markets. We see the GCC as a connected e-commerce ecosystem where operational efficiencies in one market enhance the overall regional performance.' 'By building a robust and integrated platform, we are not only expanding our reach but also contributing to a more efficient and interconnected logistics network. Our strong track record in the UAE serves as a solid foundation for our operations in Saudi Arabia, and we look forward to working with e-commerce businesses in the Kingdom to support their growth and contribute to the local economy,' he added.
Trade Arabia
14-04-2025
- Business
- Trade Arabia
UAE-based e-commerce firm Quiqup launches Saudi operations
Quiqup, a UAE-based e-commerce logistics provider, has launched its core fulfillment and delivery services in Saudi Arabia, marking a major milestone in its regional expansion. This move is backed by the strategic support of the Mohammed bin Rashid Innovation Fund (MBRIF), which has played a pivotal role in helping Quiqup expand its operations and double its business in the past two years. The company's expansion comes after its notable impact on the UAE's e-commerce ecosystem and aligns with its strategy to offer integrated logistics solutions to businesses across the GCC. Founded in the UAE in 2017, Quiqup provides comprehensive logistics services, focusing on small and medium-sized enterprises (SMEs). The company offers storage, sorting, packaging, and delivery services. With its expansion into Saudi Arabia, commercial clients in the Kingdom can now access Quiqup's reliable and efficient fulfillment services. Strategic Support Fatima Yousif Alnaqbi, Acting Assistant Undersecretary for the Support Services Sector at MoF, and the ministry's representative at MBRIF, said: "Supporting the success of high-potential innovators who contribute to economic growth is one of the core objectives of the Mohammed bin Rashid Innovation Fund. Quiqup's journey exemplifies how strategic support, combined with innovation and market expertise, can drive a company's growth and create a meaningful economic impact." She added: "Over the past few years, we have worked closely with Quiqup through our Guarantee Scheme and have seen the company's outstanding potential in reshaping the e-commerce logistics sector in the UAE. Its expansion into Saudi Arabia is a testament to its ability to apply its expertise and innovative solutions in new markets. We look forward to supporting its continued growth across the region." Driving Growth Bassel El Koussa, CEO of Quiqup, said: "Our expansion into Saudi Arabia is a natural next step, driven by our customers' evolving needs. With the increasing demand for seamless cross-border logistics solutions, we are proud to extend our services to neighboring markets. We see the GCC as a connected e-commerce ecosystem where operational efficiencies in one market enhance the overall regional performance." "By building a robust and integrated platform, we are not only expanding our reach but also contributing to a more efficient and interconnected logistics network. Our strong track record in the UAE serves as a solid foundation for our operations in Saudi Arabia, and we look forward to working with e-commerce businesses in the Kingdom to support their growth and contribute to the local economy," he added. A key driver behind Quiqup's success has been the Mohammed Bin Rashid Innovation Fund (MBRIF), which supported the company through its Guarantee Scheme loan program. This strategic backing enabled Quiqup to scale operations, double its business in two years, and grow its customer base by 77% year-on-year between 2023 and 2024, multiplying it by 25X since 2021. The company remains on track to achieve profitability by Q4 2025, a statement said. – TradeArabia News Service
