Latest news with #HamadAl-Hajri
CairoScene
11-07-2025
- Business
- CairoScene
Jahez Acquires 76.6% of Qatar's Snoonu in $245 Million Deal
Jahez Acquires 76.6% of Qatar's Snoonu in $245 Million Deal Saudi-based delivery firm Jahez acquires 76.6% of Qatar's Snoonu for $245 million, boosting its presence in the GCC's on-demand and logistics markets. Jahez International, the Saudi-based food delivery and logistics platform, has signed a Share Purchase and Subscription Agreement (SPSA) to acquire a 76.56% stake in Qatar's Snoonu for $245 million (SR 919 million), according to a disclosure on the Saudi stock exchange. Under the agreement, Jahez will acquire 8.14 million shares - representing 75% of Snoonu's share capital - from existing shareholders for $225 million. The deal will be financed through a combination of internal cash resources, bank facilities, and Jahez's treasury shares. Additionally, Jahez will subscribe to 723,960 newly issued shares, securing an additional 1.56% stake for $20 million. The transaction values Snoonu at approximately QAR 1.17 billion ($320 million), making it the first Qatari startup to cross the QAR 1 billion threshold. The deal is expected to close in the second half of 2025, subject to regulatory approvals and a shareholder vote at Jahez's upcoming extraordinary general meeting. Upon completion, Jahez will hold a 76.56% stake, while Snoonu founder Hamad Al-Hajri will retain the remaining 23.44%. Al-Hajri will continue to serve as CEO, supported by Snoonu's existing executive team. A new four-member board will be formed, comprising three representatives from Jahez - including the chairman - and one from Al-Hajri. Snoonu, founded in 2019, operates an integrated e-commerce and delivery platform offering food, grocery, and retail services, alongside third-party logistics solutions for startups and SMEs. The acquisition aligns with Jahez's broader strategy to deepen its regional footprint and drive platform synergies across the GCC. The $20 million capital injection is set to support Snoonu's ongoing innovation efforts and market expansion initiatives. The agreement also includes standard terms and warranties, with lock-up periods on transferred shares governed by Saudi Arabia's Capital Market Authority.
ILoveQatar.net
03-07-2025
- Business
- ILoveQatar.net
Snoonu to launch Innovation District at Lusail Boulevard
Snoonu, Qatar's homegrown tech leader, has officially signed the contract for its new headquarters at Lusail Boulevard, spanning 8,429 Sqm square meters, in collaboration with Qatari Diar Real Estate Investment Company. This strategic move positions the company at the heart of Qatar's evolving digital economy and reinforces its role in supporting the nation's innovation agenda. The newly designated Snoonu Innovation District will serve as more than a corporate office; it will become a hub for technological advancement, talent development, and cross-sector collaboration. Designed to reflect Snoonu's dynamic identity, the district will bring together high-performing teams in an environment that inspires creativity and excellence. With a growing workforce in Qatar and beyond, this expanded space underscores Snoonu's ambition to scale its operations and continue driving growth as one of the country's leading technology companies. Located in Lusail Boulevard, the new headquarters benefits from its prime position in Qatar's visionary smart city, seamlessly connected to Doha. The district is designed to foster innovation with state-of-the-art infrastructure, making it an ideal environment for Snoonu to thrive and contribute to Qatar's technological ecosystem. Snoonu leadership believes this is more than a property acquisition. 'The new headquarters represents our commitment to building a future-ready Qatar,' said Mr. Hamad Al-Hajri, Snoonu CEO and founder. 'We are creating a space that fosters innovation, attracts global talent, and contributes to the country's transformation into a regional and international technology hub.' Designed to grow alongside Snoonu's expanding operations, the new headquarters aligns with Qatar National Vision 2030, particularly in advancing economic diversification and knowledge-based industries. The 8,429-square-meter space will be tailored to support scalable innovation, agile product development, and integrated teamwork across departments. Eng. Fahad Abdullatif Al Jahrami, Chief Development and Asset Management Officer – Qatar at Qatari Diar Real Estate Investment Company, commented: 'We are proud to welcome Snoonu to Lusail, as part of our ongoing efforts to attract leading national companies and support a progressive business environment in Qatar. This initiative contributes to the country's pursuit of a diversified, sustainable economy built on knowledge and innovation, reinforcing Qatar's position as a regional hub for technology and entrepreneurship.' As part of its forward-looking vision, Snoonu aims to build a team of around 1,000 engineers, AI scientists, data analysts, and innovation specialists by 2030, reinforcing its position as a hub for attracting top local and international talent. The company is committed to creating an integrated work environment that empowers these professionals to develop advanced digital solutions that enhance quality of life and drive sustainable development in Qatar, while further positioning the country as a regional leader in technology and innovation. Snoonu's decision to establish its presence in Lusail further underscores the company's investment in Qatar's digital future, bridging local talent with global standards and reshaping the narrative of what's possible within the region's tech ecosystem.
Arab Times
27-04-2025
- Sport
- Arab Times
Al-Kharafi continues winning streak at Kuwait Equestrian Federation Championship
KUWAIT CITY, April 27: Kuwait Club's jockey Ali Al-Kharafi continued his impressive streak by winning the seventh round of the Kuwait Equestrian Federation League Championship, held at the Kuwait Equestrian Center track. Al-Kharafi clocked the fastest time of 34.95 seconds during an outstanding Grand Prix round at a height of 145 cm. Abdullah Al-Awadhi secured second and third places, followed by Anaaz Al-Anaaz, Fawaz Al-Subaie, and Hamad Al-Hajri. Ghazi Faisal Al-Jariwi, Secretary-General of the Equestrian Federation, crowned the winners. In addition to his Grand Prix victory, Al-Kharafi also topped the intermediate category at a height of 135 cm. Hamad Al-Hajri claimed the minor prize at 125 cm, while Mohammed Karam Ghuloum took first place in the 115 cm category. The opening day of the tournament also saw Al-Kharafi claim the grand prize at a height of 140 cm, further cementing his dominance. Secretary-General Ghazi Al-Jariwi praised the exceptional standard of Kuwaiti equestrian sports, highlighting the emergence of talented young riders across all levels — beginners, intermediate, and advanced — and the spirited competition seen throughout the event.
Zawya
23-04-2025
- Science
- Zawya
The Ministry of Education and Higher Education and UDST announce the inclusion of new STEM/TVET teaching programs
Doha, Qatar: The Ministry of Education and Higher Education (MOEHE) has reaffirmed its support for the University of Doha for Science and Technology (UDST) by adding the UDST Bachelor's and Master's of Science in Teaching STEM and TVET programs to the in-country scholarship track under 'Tomouh' program. This step reflects the Ministry and the University's shared commitment to advancing education in science, technology, engineering, and mathematics. This announcement took place during a press conference held on UDST campus, in the presence of Dr. Salem Al-Naemi, President of UDST, Dr. Hareb Al-Jabri, Assistant Undersecretary for Higher Education Affairs at the Ministry of Education and Higher Education, Ms. Noora Mohammed Al-Ansari, Director of the Scholarships Department at the Ministry of Education and Higher Education and Mr. Hamad Al-Hajri, Manager of Student Services at UDST, marking a significant step forward in Qatar's pursuit of advancing STEM and TVET education. These initiatives align with the strategic priorities of Qatar's Third National Development Strategy (NDS3), which emphasizes the critical importance of developing national capabilities in STEM fields to drive innovation and sustainable development. Hamad Al-Hajri, stated: "We are proud to stand alongside the Ministry of Education and Higher Education in fulfilling Qatar's vision for a knowledge-based economy. The inclusion of our STEM education programs in the national scholarship pathway, reflects a shared commitment to educational excellence and national development. With the support of the Ministry, UDST continues to play an important role in preparing national talent and nurturing future educators in STEM/TVET education, ensuring that our graduates are equipped to meet the evolving needs of Qatar and the world.' Noora Al-Ansari commented: " We are pleased to collaborate with UDST, whose applied teaching approach makes its programs ideally suited to prepare the next generation of STEM and TVET educators. The future of Qatar lies in its youth. These scholarships represent an investment in the capabilities of our students and educators, preparing them to lead in fields that are critical to our nation's progress." UDST STEM-focused programs are all designed to equip future educators and specialists with the skills needed to advance STEM learning as per the below: The Bachelor of Science in Teaching STEM Combines interdisciplinary teaching strategies with hands-on learning, this program prepares graduates to create dynamic educational experiences. It is specifically designed to address the national demand for skilled STEM educators, ensuring graduates are ready to lead in classrooms and foster innovation, critical thinking, and problem-solving among the next generation of learners. The Master of Science in Teaching STEM It is a bilingual (English and Arabic), two-year graduate program that combines cutting-edge research with practical teaching methodologies, empowering educators to create transformative learning experiences. Graduates will be prepared to shape the future of education, equipping students with the critical thinking and problem-solving skills needed to thrive in an increasingly technology-driven world. The Master of Science in STEM Education and TVET This comprehensive two-year program is designed for qualified teachers who wish to advance their expertise in both STEM education and Technical and Vocational Education and Training (TVET). It focuses on research and leadership, enabling educators to drive innovation, enhance teaching methodologies, and contribute to education policy development. Graduates will be equipped to lead transformative changes in schools, vocational training centers, and educational organizations, shaping future-ready learners for a dynamic global workforce. This announcement reinforces UDST's mission to deliver applied education and empower students with practical, industry-relevant skills that serve the ambitions of Qatar's future. About University of Doha for Science and Technology: University of Doha for Science and Technology (UDST) was officially established by the Emiri Decision No13 of 2022, and it is the first national university specializing in academic, applied, technical, and professional education in the State of Qatar. UDST has over 70 bachelor's and master's degree programs, diplomas, and certificates. The university houses 5 colleges: the College of Business, the College of Computing and Information Technology, the College of Engineering and Technology, the College of Health Sciences, and the College of General Education, in addition to specialized training centers for individuals and companies. UDST is recognized for its student-centered learning and state-of-the-art facilities. Its world-renowned faculty and researchers work on developing the students' skills and help raise well-equipped graduates who proudly serve different sectors of the economy and contribute to achieving human, social, and economic development goals nationally and internationally. For more information visit: or Follow us on: UDST Official: Facebook, X, Instagram, LinkedIn, YouTube
Arab Times
06-04-2025
- Sport
- Arab Times
Al-Hajri shines with flawless Kuwait Equestrian League fifth round
KUWAIT CITY, April 6: Hamad Al-Hajri delivered a flawless performance to win the fifth round of the Kuwait Equestrian League, claiming victory in the prestigious Grand Prix. Competing at a height of 140 cm, Al-Hajri completed the round in an impressive 31.48 seconds without incurring any penalties. Following Al-Hajri in the rankings were top riders Nick Channing, Steven Daniels, Fawaz Al-Subaie, Yara Al-Hunaidi, Abdullah Al-Awadhi, and Fawaz Al-Rashed. The winners were honored by Sufyan Buqmaz, Managing Director of the Kuwait Equestrian Federation. In the Medium Prize round (130 cm), jockey Rakan Al-Hasawi took first place after a strong performance against a competitive field. He was trailed by Nick Channing, Abrar Al-Musallam, Hamad Al-Hajri, and Ghazi Al-Fulaij. The tournament's opening day featured an exciting fourth round (135 cm), where Fawaz Al-Subaie emerged victorious. He was followed closely by Abdullah Al-Awadhi, Nick Channing, Fawaz Rashid, and Marshood Al-Marshood.
