News

Dubai Hospital Delivery Drone Completes Successful First Trial

The unmanned aerial vehicle allows the hospital to rapidly deliver medications to patients, saving lives in emergencies.

Published

1 year ago

May 31, 2023

Nour Nasir

dubai hospital delivery drone completes successful first trial

Fakheeh University Hospital

Fakheeh University Hospital in Dubai has made history by flying a delivery of medicine to a patient’s house in Cedre Villas (Dubai Silicon Oasis) using a small, unmanned drone.

The groundbreaking achievement followed a series of trials in collaboration with the Dubai Future Foundation (DFF) and the Dubai Civil Aviation Authority (DCAA).

The introduction of drone deliveries represents a significant shift in healthcare accessibility. The small aerial craft could also prove life-saving in emergency situations, as they can quickly zip to their destination without having to worry about traffic jams or search for helicopter-sized landing spaces.

Fakeeh University Hospital CEO, Dr Fatih Mehmet Gul, was rightfully proud of the technological achievement: “Since our establishment, we have consistently embraced technological advancements to provide innovative services. However, this initiative marks a substantial leap forward in enhancing healthcare accessibility and achieving complete digitalization”.

Drone use also significantly reduces the hospital’s carbon footprint compared to traditional delivery methods — a factor that is especially important to the Dubai Integrated Economic Zones Authority and the 2040 Urban Master Plan.

Also Read: Saudi Aviation Sector Embraces Tech To Meet Vision 2030 Goals

Director-general of Dubai Silicon Oasis, Dr Juma Al Matrooshi, said, “In line with our role within the Dubai Programme to Enable Drone Transportation, we are committed to empowering entities from the UAE and abroad to develop and test new drone solutions that boost efficiency and convenience”.

In 2021, the Crown Prince of Dubai, Sheikh Hamdan bin Mohammed, announced a program that would enable the use of drones in multiple sectors, including shipping, food logistics, health, and security, with the aim of boosting global competitiveness and innovation within the Emirate.

News

Mamo Completes $3.4M Funding Round To Enhance Fintech Services

The startup will use the influx of cash to expand into Saudi Arabia and across the wider GCC while improving its product offering.

Published

2 days ago

July 25, 2024

Nour Nasir

Mamo

UAE-based fintech Mamo has announced the completion of a $3.4 million funding round that will help the startup extend its market presence and improve its product offering. Investors included 4DX Ventures, the Dubai Future District Fund and Cyfr Capital.

Mamo’s platform offers “payment collection, corporate cards and expense management” to help small and medium-sized businesses consolidate and streamline their operations. With the latest influx of capital, Mamo will further develop its comprehensive suite of services and begin testing its product lines in Saudi Arabia, further extending its footprint across the GCC.

Imad Gharazeddine, co-founder and CEO of Mamo, stated: “We’ve been in the market for a while now and are incredibly proud of what our team has achieved. The holistic and expansive nature of our product offering has helped us continue to grow sustainably. This additional funding will allow us to reach our medium-term goals even faster. The support from new and existing investors is a testament to our strong expertise and the ability to deliver on our customer promise”.

Daniel Marlo, General Partner of lead investor 4DX Ventures, added: “We have immense trust in Imad’s vision, leadership and Mamo’s innovative approach to provide a user-friendly and comprehensive financial solution for SMEs that makes financial management more accessible and efficient. We are proud to partner with them and support their mission”.

Also Read: A Guide To Digital Payment Methods In The Middle East

Amer Fatayer, Managing Director of Dubai Future District Fund’s investment team, also commented: “Mamo’s localized product lines serve as an infrastructure for SME payments and spend management in UAE, a segment that is underserved by the country’s current banking infrastructure. The team has taken a product-first approach to consolidating SMEs’ financial journeys and building a fintech solution deeply embedded in a business’s core operations”.

To date, Mamo has raised around $13 million in investment funding and now boasts a team of 30 people. The company’s intuitive financial services platform has allowed over 1,000 businesses to consolidate their financial operations and significantly reduce payment fees.