Category: News

Qara’s CEO, Hassan Abouzeed, recently shared exciting updates on Al Arabiya about our $2.6 million funding round and our upcoming expansion into Saudi Arabia. This is a huge milestone in our journey as we work towards transforming supply chains and contributing to Vision 2030. Tune in to catch the full interview and discover how Qara is driving innovation and digital transformation in the region! 📺  

We are thrilled to announce our partnership with Alamal Alsharif Plastics, a renowned leader in plastic pipes and fittings manufacturing. During the signing event, we officially joined forces to provide Alamal Alsharif Plastics with our comprehensive solutions in authentication, traceability, and incentives. This collaboration marks an exciting milestone in supporting Alamal Alsharif Plastics in maintaining their commitment to excellence and expanding their market presence with greater security and trust.

We are thrilled to announce that our company has successfully secured $2.6 million in funding. Additionally, the announcement has secured a total of 60 pieces of coverage across social media platforms, reaching an impressive 10.6 million impressions. This has resulted in an Ad Value of EGP 1,110,000 and a PR Value of EGP 3,885,000. Coverage included 10 features in regional media hubs like Wamda and Zawya, 3 stories in UAE-focused outlets such as Bizpreneur ME, and 9 pieces in Saudi-focused publications including Ent Arabi. Additionally, 12 features were placed in Pan-African outlets like Disrupt Africa. Notably, 26 of these pieces of coverage appeared in Tier-1 media platforms, including Waya Media, Al Mal, and The Startup Scene. This exceptional exposure not only boosts our visibility but also sparks interest from potential clients and partners. We are excited about the opportunities this funding will unlock for our growth and innovation, and we look forward to even more coverage in the future!

where we officially launched “Rabeh” to our Qara retailers from Northern Egypt. It was a great opportunity to introduce the platform and showcase how our partnership with Honeywell and MK will bring more value to the building materials industry. We’re thrilled to have these industry leaders on board and look forward to driving growth, innovation, and rewarding success through Rabeh. Together, we’re creating a stronger, more connected network for our retailers and workers. Rabeh is the first specialized incentive program for blue-collar workers in the construction industry. By rewarding workers on every purchase and scan, Rabeh enhances loyalty, satisfaction, and drives growth in the building materials market.

In a significant move that underscores its commitment to growth and innovation, Qara has proudly announced the opening of its new office in the Kingdom of Saudi Arabia (KSA). This strategic expansion is part of the National Talent Development Program’s (NTDP) Relocate initiative, reflecting a shared vision of fostering talent and innovation within the region. Qara’s foray into the Saudi market is more than just a geographical expansion; it’s a testament to the company’s unwavering dedication to bringing innovative solutions to the Middle East and North Africa (MENA) region. By setting up its presence in KSA, Qara is poised to contribute significantly to the Saudi industry, tapping into a vibrant ecosystem of talent, technology, and entrepreneurship. technological innovation and entrepreneurship. By establishing its office in KSA, Qara is not just contributing to the local economy but is also positioning itself as a key player in the regional ecosystem, ready to serve a diverse client base across the MENA region.

Qara is excited to announce a new strategic partnership with Wala One, a prominent player in loyalty solutions. This collaboration aims to amplify the reach of Qara’s tailored incentive programs by incorporating Wala One’s extensive network of over 3,000 vendors throughout the Kingdom of Saudi Arabia. This partnership represents a significant step for Qara in its quest to deliver enhanced redemption experiences for its clients. By leveraging Wala One’s comprehensive vendor network. Both Qara and Wala One are committed to providing value and convenience to their clients. This collaboration aligns with Qara’s dedication to enriching client engagement and rewards redemption, ensuring customers have access to a broad and diverse range of options for their loyalty rewards. This initiative also plays a crucial role in Qara’s broader plans within the Kingdom of Saudi Arabia. Looking ahead, Qara is keen on further embedding itself into the local market, exploring opportunities for expansion and enhancing its service offerings.