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Mastercard & Women Choice Launch Social Innovation Incubator

The new partnership will create employment opportunities for 1 million female entrepreneurs and help to drive economic growth across the MENA region.

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mastercard and women choice launch social innovation incubator
Mastercard

Women Choice, an international organization dedicated to female personal and professional development, has partnered with Mastercard to launch a new program called the “Social Innovation Incubator (SII) For Women’s Employment”. The scheme will help to create employment opportunities for women across the Middle East and North Africa (MENA) while also boosting economic growth and development in the region.

Over the next five years, the Women Choice and Mastercard partnership will provide comprehensive support and employment opportunities for MENA women through a program of mentorship that will encompass business planning, HR, and recruitment.

“We are excited to launch this program and to have the support of a global organization like Mastercard, which is genuinely committed to bringing change and improving the situation of women in the workplace,” says Nezha Alaoui, Founder & CEO of Women Choice.

Also Read: UAE Digital Technology Spending To Hit $20 Billion By 2026

Nezha Alaoui will also form part of the jury on the second edition of Mastercard’s Women SME Leaders Awards. The card provider has been at the forefront of several equitable and inclusivity-based projects in recent years. The new Woman Choice collaboration will provide substantial employment support for MENA women and directly place at least 1,000 female entrepreneurs in their respective enterprises.

The incubator program will first launch in the UAE and Morocco, with the whole MENA region eventually benefitting from the business initiatives and training. SII for Women Employment also aligns well with Mastercard’s commitment to add 25 million women entrepreneurs to the global digital economy by 2025 as part of a broader push towards a more sustainable and equitable world.

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Samsung Galaxy Ring Wearable Will Launch In Eight Sizes

A recent Korean report reveals the model numbers of the new health tracking device, as well as details of its key features.

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samsung galaxy ring wearable will launch in eight sizes

The global launch of the Samsung Galaxy Ring is hotly anticipated, with details about the next-gen wearable gradually emerging since the company’s teaser announcement back in January. Now, a report has also unveiled the model numbers for the device, suggesting it will be available in eight different sizes.

While Samsung has yet to divulge detailed specs and features of the Galaxy Ring, it’s likely to feature an array of health and sleep monitoring functionalities, while boasting a battery life of up to nine days on a single charge.

As per a Galaxy Club report, there are currently eight confirmed variants of the Galaxy Ring: SM-Q500, SM-Q501, SM-Q502, SM-Q505, SM-Q506, SM-Q507, SM-Q508, and SM-Q509.

However, the mystery shrouding two absent model numbers persists, leaving speculation as to whether they signify additional sizes or if Samsung plans to unveil a later ninth variant of the ring, as previously hinted. There’s conjecture that these models may correspond to US ring sizes 5 and above, commencing with the SMQ500, with subsequent numbers potentially indicating larger ring sizes, possibly reaching up to size 13, aligning with model number SM-Q509.

Also Read: Adobe Reveals New AI Tools That Will Wow Photoshop Novices

Recent Korean reports have shed light on how Samsung’s Mobile eXperience division (MX) collaborated with the Home Appliance department to integrate Samsung Food with the Galaxy Ring: Tailored for daily activity tracking, the Galaxy Ring, when paired with Samsung Food and an intelligent Samsung refrigerator featuring AI vision, delivers personalized dietary guidance based on calorie intake and BMI.

Samsung is banking on the user-friendly interface and high durability of the ring to redefine the healthcare wearables landscape. Meanwhile, Apple is also making strides in the development of a smart ring, aimed at monitoring users’ health biometrics discreetly when worn on the finger. According to the Electronic Times report, Apple has been closely monitoring market interest in this more inconspicuous alternative to a traditional watch.

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