News

The UAE’s First Women-Only Job Portal Officially Launches

The pioneering platform could revolutionize recruitment by catering exclusively to female professionals.

Published

6 months ago

January 16, 2024

the uae's first women-only job portal officially launches

The UAE’s first women-only employment portal, Women First Jobs, has officially launched, marking a significant milestone in enhancing female participation in the workforce of the United Arab Emirates. The innovative platform, founded by Priyanka Sengar, is poised to revolutionize the recruitment landscape by exclusively catering to female professionals seeking careers in the banking, fintech, edtech, hospitality, healthcare, food, logistics, and IT sectors.

The recruitment platform’s goals align with the vision set out by Her Highness Sheikha Manal bint Mohammed bin Rashid Al Maktoum, President of the UAE Gender Balance Council. The council’s initiatives include:

Achieving pay parity.
Advancing gender equality throughout recruitment and career progression.
Integrating gender balance perspectives.
Fostering transparency.

Women First Jobs will also assume a crucial role in supporting corporate returnship programs by providing mentorship and training to women re-entering the workforce after maternity breaks or career hiatuses. The initiatives underscore the platform’s unwavering commitment to creating an inclusive and supportive professional atmosphere for women at all career stages.

Also Read: Top 10 Best Freelance Platforms In The Middle East

Finally, Women First Jobs plans to allocate a substantial portion of its proceeds to global non-governmental organizations, with a primary focus on the development of women and children. The initiatives not only support localization efforts but also align with the mandates of GCC governments in areas such as Diversity, Equity, and Inclusion (DEI), Environmental, Social, & Governance (ESG), and Corporate Social Responsibility (CSR).

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

1 day 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.