HungerStation makes history as first Saudi brand to win Cannes Lions Grand Prix 2023

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Updated 22 July 2023
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HungerStation makes history as first Saudi brand to win Cannes Lions Grand Prix 2023

HungerStation Saudi Arabia’s “Subconscious Order” campaign has won the Grand Prix in Creative Commerce at Cannes Lions International Festival of Creativity 2023. It is the first time in Cannes Lions’ 70-year history that Saudi Arabia has won a Grand Prix.

Combining innovative thinking and cutting-edge technology, “Subconscious Order” is a feature, which taps into the subconscious mind to help the user decide what food they’re most in the mood for — eliminating the frustrations of decision fatigue that we all know so well when trying to pick food. In fact, according to a study by Seated, as quoted by the New York Post, the average adult spends around 132 hours a year looking at menus online. “Subconscious Order” is designed for customers of HungerStation (Saudi Arabia’s first food delivery app) and uses the camera on a mobile or desktop along with in-app eye calibration and vision AI to track the user’s eye movement. It then uses topic modeling AI to organize food options and present an instant report of what the eye lingered on the longest, to reveal the subconscious craving — generating a list of local restaurants where HungerStation customers can then order the food they desire the most.

Mohammed Jifri, CMO for HungerStation, said: “Myself and the team are so proud of having won the first ever Cannes Lion Grand Prix. It’s not only an incredible milestone for HungerStation, but also a giant step forward for marketing in Saudi Arabia, which has seen significant development in the last decade. This marks the start of a new era of marketing success in the country, and with our nation’s Vision 2030, there are no limits to what we can achieve.”

Rayyan Aoun, ECD for Wunderman Thompson KSA, said:“This is a truly historic win for both Cannes Lions and Saudi Arabia, as it is the first time a campaign from the Kingdom has won a Grand Prix — one of the most prestigious awards for creativity in the world. As the first — and still the leading — food delivery app in the Kingdom, HungerStation is a pioneer in its field. It feels fitting then, that, along with Wunderman Thompson, our innovative campaign has won a Cannes Lions Grand Prix — a groundbreaking achievement for Saudi Arabia.”

Ahmad Chatila, director of brand and communication for HungerStation, said: “We are only beginning to comprehend the power of AI, but it’s already transforming the world around us. It will surely disrupt commerce in the years ahead and create more personalized customer experiences. As marketers, we need to consider how this technology can be used to glean more meaningful insights from customer data and create tailored experiences for them. This will allow us to anticipate their needs and provide them with more relevant moments rather than general ones.”

The inspiration behind the work stemmed from a study from The Biology of Belief by Dr. Bruce Lipton, which found that the conscious mind can only process 40 bits of info per second, while the subconscious mind can process information up to 500,000 times quicker. That prompted the team to ask: “What if we help people connect better with their subconscious mind, and let it find the answer they’re looking for”?

HungerStation seeks to open new horizons in the technical sector in line with the goals of the Kingdom’s Vision 2030, and it constantly desires to improve and develop the user experience to keep pace with the needs of its customers by providing smart and effective solutions. HungerStation also seeks to strengthen the Kingdom’s position in the technical sector and at the global level by employing AI in our lives and contributing to bringing change in the field of e-commerce.

Jason Carmel, global lead, creative data at Wunderman Thompson, said: “We are incredibly proud to have been part of such a momentous occasion and to have worked alongside HungerStation to deliver a powerful tool, which is not only forward-thinking and smart, but that also taps into a genuine desire for the decision-making process to be simplified. This technology signals a step toward the future of ‘Zero UI’ interfaces, whereby users control a device through their voice, movements, glances, or thoughts. But it’s not tech for the sake of tech, it also addresses a need to cleverly address decision fatigue and help people with an important decision — choosing dinner!”

Nancy Crimi-Lamanna, jury president of the Creative Commerce Lions, said the campaign “turns transactional into emotional, and solves a pain point about choice overload, which drives discoverability of new foods and places to order.” She added: “In today’s world, brands have to apply meaningful value in order for people to offer use of their facial data, and ‘Subconscious Order’ did this beautifully. It’s a wonderful example of AI being applied to commerce and is a bold, brave way to change the user experience, which is no mean feat.”

The Cannes Lion 2023 Grands Prix win marks yet another success for HungerStation, as it received six awards this year, which include: A Grand Prix for Creative Commerce, issued by Cannes Lions, June 2023; a Bronze for innovation, issued by Caples Awards, May 2023; a Grand Prix for mobile-led creativity, issued by Dubai Lynx, March 2023; a Silver for website, apps and games, issued by Dubai Lynx, March 2023; and a Silver for HungerStation’s film (Blast to the Past), issued by Dubai Lynx, March 2023. This film was also nominated for the list of the Top 15 Film Campaigns, issued by Campaign Middle East, Jan 2023.


Strategic expansion: Budget Saudi acquires AutoWorld

Fawaz Danish, president and group CEO, Budget Saudi
Updated 01 July 2024
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Strategic expansion: Budget Saudi acquires AutoWorld

United International Transportation Company, or Budget Saudi, a comprehensive mobility solutions provider in the Kingdom, has announced the acquisition of Al-Jazira Equipment Company, known as AutoWorld, a SEDCO Holding owned vehicle leasing company.

Budget Saudi’s shareholders voted in favor of the acquisition at the Extraordinary General Assembly held on June 24. This landmark decision marks a significant milestone in Budget Saudi’s history and paves the way for strategic expansion in a dynamic market poised for healthy growth.

Following the approval of the shareholders at the EGM, 7 million ordinary shares paid in full will be issued by Budget Saudi to SEDCO Holding and are expected to start trading on the Saudi Exchange upon completion of the necessary procedures with the exchange and Securities Depository Center Company. The new shares represent 8.96 percent of Budget Saudi’s share capital after the capital increase. Once the new shares are issued in favor of SEDCO Holding, a Saudi Shariah institutional investor with deep experience and a strong track record of investing in national champions, it will directly and indirectly own 8.96 percent of Budget Saudi. AutoWorld’s shares will be transferred from SEDCO Holding to Aljozoor Alrasekha, a Budget Saudi wholly owned subsidiary.

Fawaz Danish, president and group CEO, Budget Saudi, said: “The strategic acquisition of AutoWorld provides a robust platform for future growth opportunities, bolstered by the strong Saudi real economy, structural changes in the transportation sector, and the flourishing tourism industry. This deal, the first-of-its-kind in Budget Saudi’s history, enables us to lay the groundwork for strategic initiatives that drive sustainable growth, enhance competitiveness, and create shareholder value.”

With this acquisition, Budget Saudi will solidify its position as a market leader in the long-term vehicle rental and leasing market in the Kingdom. According to a credible third-party market report, the acquisition will increase the company’s market share from 12 to 18 percent approximately. AutoWorld’s fleet size of 14,000 vehicles brings Budget Saudi’s total car leasing fleet to 49,300 (based on FY 2023 figures), representing a strategic move to consolidate Saudi Arabia’s auto leasing market and enhance service quality in the evolving transportation sector.

Moreover, this acquisition reinforces Budget Saudi’s market share in the business-to-business and business-to-government segments, where its management foresees significant growth potential driven by a market shift from asset ownership to usership models. Additionally, it enhances its ability to set competitive pricing, improving overall profitability in the mid- to long-term.

The acquisition is set to expand Budget Saudi’s customer base, granting access to new customers in key industry verticals such as oil and gas, among others where AutoWorld has a strong presence. By acquiring a competitor with a complementary fleet and service offerings, Budget Saudi can diversify its portfolio, catering to a broader range of customer needs and preferences. This diversification helps mitigate risks associated with market fluctuations and changing consumer preferences.

Post-acquisition, Budget Saudi plans to merge its Payless brand, a short-term car rental business, with AutoWorld, to tap into more price-conscious customers, including residents, business travelers, and leisure travelers, further diversifying and growing its customer portfolio.

The acquisition will unlock significant cost synergies, reduce redundancies, and achieve economies of scale, leading to improved profitability in the mid- to long-term. These efficiencies extend to better fleet utilization, optimized procurement, enhanced negotiating power with major suppliers, insurance providers, and other vendors, and consolidated administrative functions.

The combined entity will benefit from optimized operations and shared resources, reducing redundant costs and enhancing overall agility and responsiveness to market demands. Based on independent third-party experts’ estimates, the company anticipates achieving significant recurring cost synergies per year from the third year onwards post-integration.

AutoWorld is a profitable company with a healthy profitability margin in line with industry averages. This acquisition is expected to be EPS accretive post-integration. The company’s management anticipates realizing debt cost savings through better terms for AutoWorld’s existing debt. Post-integration, and upon realizing cost synergies, Budget Saudi expects AutoWorld’s net profit to expand further, enhancing future consolidated net profits and margins.

The integration of two well-known and reputed brands will lead to a stronger, more unified market presence. By harmonizing the best practices and value propositions of both companies, Budget Saudi aims to enhance customer satisfaction and loyalty, contributing to long-term revenue growth.

Budget Saudi has seen substantial growth in its revenues and fleet. As part of its growth strategy — and in accordance with Vision 2030 — the company has launched a range of sustainable green initiatives to reduce the carbon footprint of its fleet.


MWC Shanghai: Huawei embraces 5G-A for mobile AI era

Updated 30 June 2024
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MWC Shanghai: Huawei embraces 5G-A for mobile AI era

Huawei, a global provider of telecommunications technology solutions, presented its cutting-edge 5G-Advanced and AI solutions at Mobile World Congress Shanghai 2024 under the theme “Advancing the Intelligent World.” The company showcased its latest products and solutions that support commercial 5G-A deployment and the AI devices required for the mobile AI era.

The year 2024 marks the start of a new era of mobile AI empowered by the commercial launch of 5G-A and rapid advances in AI. Leading operators in the Middle East and China have started to deploy 5G-A networks, with some of them already launching differentiated experience-based 5G-A packages.

Huawei’s Executive Director of the Board and Chairman of the ICT Infrastructure Managing Board David Wang delivered a keynote speech titled “Accelerating 5G-A and Shaping the Mobile AI Era.” He said that the mobile AI era will transform human-machine interaction, content production, and mobile devices, revitalizing society and creating opportunities for the mobile industry.

Wang said: “This month marks the fifth year since 5G’s commercial launch in China. Over the past five years, commercial 5G has achieved remarkable success and made an unprecedented impact on the global mobile industry.” He added that Huawei looks forward to working with all industry stakeholders to seize the enormous opportunities presented by the mobile AI era to shape the intelligent world.

Dr. Philip Song, chief marketing officer of Huawei Carrier Business Group, explained how Open Gateway will be essential for carriers to pursue experience-driven operations based on diverse 5G-A network capabilities. Open Gateway defines unified standards, billing modes, and a global ecosystem within an interoperable framework. It will become a new engine for 5G-A experience-oriented operations and spur the creation of new business models.

Yang Chaobin, Huawei’s board member and president of ICT products and solutions, discussed how AI technology, particularly generative AI, brings new opportunities and requirements to telecom networks. He introduced Huawei’s upgraded autonomous driving network solution, now powered by the company’s Telecom Foundation Model. This solution provides five role-based copilots and five scenario-based agents to enhance network value in service enablement, maintenance, and experience assurance.

Huawei has announced reaching six separate agreements with pioneering 5G-A operators worldwide and launched a joint initiative for high-quality mobile video development in the AI era. The company will continue to invest in the R&D of network APIs, exploring new services, accelerating the development of incumbent services like fixed wireless access, and improving O&M efficiency.

Leading operators around the world are already looking to capitalize on 5G-A. More than 30 operators have completed 5G-A technical verification, and nearly 20 mobile phone models currently support multi-carrier aggregation, with some supporting the feature by default. Around 10 operators have announced commercial 5G-A plans, including the launch of 5G-A packages and related services.

The number of global 5G users has exceeded 1.8 billion, and many operators have already seen the first wave of benefits from 5G.

MWC Shanghai 2024 was held from June 26-28 in Shanghai, China.


King Fahd Causeway to Bahrain goes digital

Updated 30 June 2024
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King Fahd Causeway to Bahrain goes digital

United Insurance Company, the provider responsible for mandatory insurance for vehicles crossing the King Fahd Causeway to Bahrain, has announced that, effective July 1, short-term insurance policies (three, five, and 10 days) will be available exclusively through electronic channels.

The company said in a statement that the minimum insurance period available at physical insurance booths will be one month. 

This initiative is designed to enhance the insurance services provided to vehicles using the King Fahd Causeway, streamline the process of obtaining insurance, and ensure a seamless crossing experience for travelers.

The new e-insurance service facilitates the issuance of insurance policies and the payment of fees online, allowing travelers to secure their insurance before reaching the King Fahd Causeway.

Maysa Al-Kooheji, CEO of United Insurance Company, said: “This measure is one of the initiatives we are implementing as part of our comprehensive digital transformation policy across all operations. This initiative continues the new phase of service development that began last January, marked by the launch of our new logo and visual identity.”


Hajj 2024: Najm ensures pilgrim safety on the road

Updated 29 June 2024
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Hajj 2024: Najm ensures pilgrim safety on the road

CEO of Najm for Insurance Services Mohammed Yahya Al-Shehri expressed his gratitude and congratulations to King Salman and Crown Prince Mohammed bin Salman, on the occasion of the conclusion of a successful Hajj season this year.

He also announced the success of Najm’s operational plan for Hajj, which involved deploying dedicated human and technical logistical capabilities as well as vehicles and other transportation means to enhance traffic safety, promptly address traffic accidents in the holy sites, and ensure the safety and security of pilgrims according to the highest standards.

“At Najm, we are honored to have been part of the Hajj’s success by efficiently implementing our operational plan. Najm succeeded in providing support for traffic plans on the roads leading to the holy sites and within the central region, ensuring the safety of pilgrims and enhancing the efforts of all relevant parties, including the General Traffic Department and the Special Forces for Road Security,” said Al-Shehri.

Najm’s operational plan for this year’s Hajj season, complements the Kingdom’s efforts in caring for the pilgrims, providing the best services, and creating conditions that allow them to perform the Hajj rituals with ease and tranquility. Najm’s plan relied on interactive maps, advanced digital tools to respond to traffic accident reports, and the enhanced capabilities of its operations room equipped with a network of technical systems that contributed to faster response times and handling of accident reports. Smart applications and systems were also deployed to serve pilgrims and to reach traffic accident sites in the shortest possible time.

Najm participated in this year’s Hajj mission with a field operations team consisting of approximately 120 members, including liability determination specialists and supervisors overseeing the mission. It also allocated a fleet of more than 80 motor vehicles and motorcycles. Technical and support teams from the Command and Control Center and the IT sector also contributed, with Najm’s teams assisting in easing traffic congestion and surveying traffic accidents in the holy sites of Makkah, Madinah, Mina, Arafat, and Muzdalifah. Najm’s teams also provided insurance services to pilgrims coming through all border crossings.

Najm is a closed and unlisted Saudi joint stock company established in 2007, to promote the vehicle insurance sector in the Kingdom. It provides an integrated system of insurance solutions and services to citizens, residents, and visitors in 44 Saudi cities through a skilled Saudi workforce.


Emirates NBD inks deal with Jarir Bookstore

Updated 29 June 2024
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Emirates NBD inks deal with Jarir Bookstore

Emirates NBD Bank, a leading banking group in the Middle East, North Africa and Turkiye region, has signed a cooperation agreement with Jarir Bookstore, to enhance the customer experience by offering exclusive services and benefits to their clients.

This significant step embodies the vision of both companies to foster innovation and expand the range of services offered to customers, in alignment with market needs and customer aspirations.

Marwan Hadi, group head of retail banking and wealth management at Emirates NBD, said: “We are delighted with our partnership with Jarir Bookstore, the leading retail company in the region. This partnership reflects our joint commitment to providing the best services to our customers in the Kingdom of Saudi Arabia and to enhancing the status of both Jarir and Emirates NBD Bank as leaders in their fields.”

Meanwhile, Abdulkarim Al-Aqeel, CEO of Jarir Bookstore, emphasized the importance of the partnership, saying: “We are pleased to collaborate with Emirates NBD Bank, one of the largest financial institutions in the region, to provide greater value to our customers. This strategic partnership allows us to offer distinctive benefits and enhances the shopping experience in our branches, aligning with our commitment to providing the best services to our customers.”

The signing of the cooperation memorandum took place in the presence of key executives from both organizations. Attendees from Emirates NBD included Hadi; Naser Yousef, CEO of Emirates NBD Saudi Arabia; and Ghassan Najmeddin, head of retail banking and wealth management — Emirates NBD Saudi Arabia. Representing Jarir Bookstore were Al-Aqeel, and Safi Alsafi, COO.