Latest news with #MohammedAziz
Al Bawaba
02-07-2025
- Business
- Al Bawaba
Leading with Heart: Ooredoo Launches Phase 2 of Its Goodwill Journey to Uplift and Empower
Following the success of Phase 1, Ooredoo has officially launched Phase 2 of its flagship CSR initiative, the Goodwill Journey, from Muscat Grand Mall. The launch was held under the patronage of H.E Sheikh Ali bin Mohammed Al-Tamimi, Wali of Samail, and in the presence of H.E Dr. Younis bin Hamed Al Siyabi, Member of Shura Council representing Wilayat of new leg of the journey takes the team to Al Dakhiliyah Governorate, where a major highlight includes the inauguration of the Coffee Waste Recycling Project at the Omani Women's Association in the Wilayat of of the winning initiatives from the Innovative Incubator Competition, the project transforms used coffee grounds from local cafés into natural skincare products. Spearheaded by more than 100 Omani women, this initiative supports sustainability, skills development, and entrepreneurship, with an annual production goal of over 2,000 Aziz, Director of Branding and Communications at Ooredoo, commented: "This phase of the Goodwill Journey is a reflection of what long-term community investment looks like, transforming ideas into viable projects, driven by local talent and purpose. Our focus is very much on supporting youth and empowering them to turn their energies into tangible achievements, and so it is inspiring to see the women of Sumail turning simple resources into something valuable and sustainable. This is exactly the kind of impact we strive to create, solutions that grow from within the community and can stand the test of time."The journey will also extend its impact to Wilayat Al Hamra, in partnership with His Excellency Sheikh Suleiman bin Saeed bin Salim Al-Azri, Wali of Al Hamra. Together, Ooredoo will support the development of the area near the Eid prayer ground, a popular site for tourists and youth, by installing cabins for productive families and job seekers. The project directly contributes to Oman Vision 2040, with a focus on youth empowerment, sustainable tourism, and inclusive economic growth. Now in its 21st year, the Ooredoo Goodwill Journey remains a powerful symbol of community empowerment and sustainable progress. With quarterly activations across the Sultanate, the initiative reflects Ooredoo's commitment to long-term social investment, women's empowerment, and building opportunities that leave a lasting impact. It also underlines the company's continued engagement and support Omanis and for communities across Oman. And it's not stopping there.
Zawya
27-01-2025
- Business
- Zawya
UAE's fintech Pluto backs regional expansion plans via $4.1mln funding
UAE – Pluto, a corporate card and expense management platform, has raised $4.10 million in a pre-Series A funding round, according to a press release. The funding will support Pluto's expansion in Saudi Arabia and solidify its newly launched product, Pluto Connect, in the GCC market. The fundraising was led by Rhino Ventures, Born Capital, Goanna Capital, and Tiferes VC, among others. This transaction followed Co-founder Mohammed Ridwan's announcement that the company had crossed AED1 billion in spend under Pluto's management. Founded in 2021, Pluto's platform unifies dynamic budget tracking, AI-powered corporate cards with a cashback programme, petty cash management, procurement, invoice and vendor management into a single, intuitive product. With this fresh injection of capital, Pluto will forge additional partnerships, with markets including Saudi Arabia, Turkey, Bahrain, Kuwait, and Qatar. Pluto currently powers over 30,000 SMEs through Pluto Connect with one of the largest banks globally. Mohammed Aziz, CEO of Pluto, commented: 'In 2025, SMEs expect way more from their banks than just using them as depository accounts. Value-added services are a key strategy for most banks in the region.' 'Partnering with banks and financial institutions allows Pluto to bring our world-class solutions to more customers globally and allows such institutions to provide a world-class experience back to their customers,' Aziz added. All Rights Reserved - Mubasher Info © 2005 - 2022 Provided by SyndiGate Media Inc. (
CairoScene
26-01-2025
- Business
- CairoScene
UAE-Based Fintech Startup Pluto Secures $4.1Million Pre-Series
Pluto secures funding to enter Saudi Arabia, enhancing spend management tools with Pluto Connect for businesses across the GCC. Jan 26, 2025 Pluto, a UAE-based fintech startup, raised $4.1 million in a pre-series A funding round. The funding marks a milestone for the company as it sets its sights on expanding operations into Saudi Arabia and enhancing its flagship product, Pluto Connect, across the Gulf Cooperation Council (GCC) region. This funding round attracted a mix of investors, including Rhino Ventures, Born Capital, Goanna Capital, Evolution VC, Freesearch VC and Tiferes VC. Founded in 2021 by Mohammed Ridwan, Mohammed Aziz and Nayeem Zen, Pluto specialises in providing businesses with tools to manage their spending. Its offerings include both virtual and physical cards with built-in spend controls, designed to streamline financial operations for organisations of all sizes. The new funds will be allocated toward Pluto's expansion into Saudi Arabia, a key market for growth within the region. Additionally, the startup plans to enhance Pluto Connect, its proprietary product that simplifies and optimises business expense management. This latest funding follows a $6 million seed round in early 2022, led by Global Founders Capital.
CairoScene
26-01-2025
- Business
- CairoScene
UAE-Based Fintech Startup Pluto Secures $4.1Million Pre-Series A
Pluto secures funding to enter Saudi Arabia, enhancing spend management tools with Pluto Connect for businesses across the GCC. Jan 26, 2025 Pluto, a UAE-based fintech startup, raised $4.1 million in a pre-series A funding round. The funding marks a milestone for the company as it sets its sights on expanding operations into Saudi Arabia and enhancing its flagship product, Pluto Connect, across the Gulf Cooperation Council (GCC) region. This funding round attracted a mix of investors, including Rhino Ventures, Born Capital, Goanna Capital, Evolution VC, Freesearch VC and Tiferes VC. Founded in 2021 by Mohammed Ridwan, Mohammed Aziz and Nayeem Zen, Pluto specialises in providing businesses with tools to manage their spending. Its offerings include both virtual and physical cards with built-in spend controls, designed to streamline financial operations for organisations of all sizes. The new funds will be allocated toward Pluto's expansion into Saudi Arabia, a key market for growth within the region. Additionally, the startup plans to enhance Pluto Connect, its proprietary product that simplifies and optimises business expense management. This latest funding follows a $6 million seed round in early 2022, led by Global Founders Capital.
