Madar has entered into a partnership agreement with National Unified Procurement Company (NUPCO), aiming to bolster digital logistics services in the healthcare sector, with a particular focus on ensuring the efficient distribution and handling of medicines and medical supplies that will further create an overall seamless healthcare experience across the Kingdom of Saudi Arabia.
Obeikan Digital Solutions had the pleasure of participating in the French-Saudi symposium as a strategic partner with the presence of the Minister of Industry Mr. Bandar I. Alkhorayef and the French Ambassador Mr. Ludovic Pouille. Our engagement presented a significant opportunity to share insights on operational excellence and our digital transformation journey and we were also honoured to build valuable and fruitful connections from the esteemed participants. This marks our second consecutive participation, actively contributing to the symposium’s mission and underscoring our firm belief in its foundational role. We strongly believe in the symposium’s capacity to cultivate an ecosystem that fosters collaboration between Saudi and French companies. This reciprocal exchange of knowledge enhances the symposium’s impact, positioning it as a vital hub for mutual growth and innovation.
In a substantial move that gears towards achieving Egypt’s 2030 vision for digital transformation, Obeikan Digital Solutions has embarked on a strategic partnership with the Chamber of Information Technology and Telecommunications-CIT. This notable collaboration was sealed with a signed memorandum of understanding that aims to launch a joint effort in developing the local technological manufacturing system, leveraging the “Manutech” initiative offered by the Chamber. These strides will not only benefit local manufacturing but also foster integration between scientific research and industry needs on a broader scale through innovation and strengthening of the local technological component, thereby yielding a positive sustainable economic impact.
In a joint effort to drive educational growth and enhance content offerings, Obeikan and Nahdet Misr signed MOU that represents a major stride towards fostering collaboration and advancing the field of education. By harnessing their remarkable capacities, the two organizations are well-positioned to revolutionise the delivery of educational content, making quality education more accessible and impact for learners across MENA.
The intensive 6-month training program aimed to equip them with valuable skills and knowledge for their chosen careers. We congratulate each of the 47 trainees for their dedication to growth and learning, and wish them success in their future professional endeavours.
Obeikan has been bestowed with a prestigious award from the renowned manufacturer of printing machines Heidelberg, for our unwavering commitment to excellence in printing technology and for our remarkable achievement in surpassing 600 million sheet impressions on one of their printing machines we own since 2012.
We were pleased to welcome valued representatives from the Riyadh’s Chamber who graced us by their presence at Obeikan Knowledge Centre, the visit aimed to showcase our latest digital solutions that contributes to streamlining their HR and the Finance operations.
Applying Conversational AI and Retrieval Augmented Generation to Human Capital Management and ManufacturingThis strategic integration emphasizes the conglomerate’s commitment to remaining at the forefront of technological progress while ensuring unparalleled service delivery to its diverse customer base.”— Abdallah Obeikan, CEO of Obeikan GroupPALO ALTO, CA, UNITED STATES OF AMERICA, January 9, 2024 /EINPresswire.com/ — Vectara, the Trusted Generative AI Product Platform, and Obeikan Group collaborate to power multiple workloads across diverse domains. Obeikan Investment Group is one of Saudi Arabia’s 100 largest companies, with over 3,000 employees and operations in 16 countries. Obeikan is a progressive entity that has further identified numerous Generative AI (GenAI) use cases, such as Q&A and Conversational AI with Obeikan Digital Solutions (ODS) and Obeikan Education.
Obeikan has diverse subsidiaries from packaging, manufacturing, education, health, digital solutions, and real-estate. They see technology as a competitive advantage across all subsidiaries. They speak about the importance of digital transformation across business lines. Regarding GenAI, they use multiple tools from vendors like OpenAI, Microsoft, Google, and Vectara.
The Vectara engines power the question-answer capabilities for Nawras: Human Capital Management (HCM) software platform. They also backstop Ask HR, which responds to inquiries and provides guidance on any questions employees may have about human resource policies and procedures. In addition, o3ozone is a Smart Manufacturing Platform provided by Obeikan Group. o3ozone Helps respond to inquiries and provides guidance on any question or concern users may have related to o3ozone features, functionalities, and manufacturing excellence. Vectara powers the foundational language understanding, rapid retrieval, and grounded summarization for o3ozone.
“Obeikan Group envisions GenAI as a catalyst for fostering innovation within its corporate ecosystem. The implementation of artificial intelligence not only optimizes operational workflows but also enables the group to proactively adapt to dynamic market conditions,” said CEO of Obeikan Group, Abdallah Obeikan. “By leveraging the capabilities of GenAI, the group anticipates to stay agile in an ever-evolving business landscape. This strategic integration emphasizes the conglomerate’s commitment to remaining at the forefront of technological progress while ensuring unparalleled service delivery to its diverse customer base.”
Obeikan Group, a prominent conglomerate with interests in various sectors, has strategically embraced GenAI to enhance the efficiency and effectiveness of its services. Through the integration of AI technologies across its diverse business units, Obeikan Group aims to streamline operations, improve decision-making processes, and deliver superior value to its customers. This is particularly powerful, for instance, in manufacturing and supply chain management.
“I had the pleasure of touring Obeikan’s facilities in Riyadh and I was amazed by the digital innovation in their industrial operations,” said Amr Awadallah, CEO of Vectara on his recent visit to Saudi Arabia. “I am thrilled that Obeikan has selected Vectara’s GenAI platform.” He added, “Obeikan has identified and implemented multiple Q&A use cases in quick succession. The team instantly realized a return on their investment by enhancing the efficiency of their operations and increasing the knowledge level of their employees.”
By harnessing the power of AI, Obeikan Group positions itself at the forefront of innovation, adapting to the demands of the modern business landscape. The incorporation of Gen AI across multiple services, not only allows the group to stay competitive but also enables it to proactively address emerging challenges and capitalize on new opportunities in a rapidly evolving market.
About Vectara
Vectara is an end-to-end platform that empowers product builders to embed powerful GenAI features into their applications with extraordinary results. Built on a solid hybrid-search core, Vectara delivers the shortest path to an answer or action through a safe, secure, and trusted entry point. Vectara is built for product managers and developers with an easily leveraged API that gives full access to the platform’s powerful features. Vectara’s Retrieval Augmented Generation-as-a-Service (RAGaaS) allows businesses to quickly, safely, and affordably integrate best-in-class conversational AI and question-answering into their application with zero-shot precision. Vectara never trains their models on customer data, allowing businesses to embed GenAI capabilities without the risk of data or privacy violations. To learn more about Vectara, visit www.vectara.com.
About Obeikan Group
Obeikan is a leading industrial company operating in multiple fields including glass, paper and plastics with growing focus on harnessing the power of technology and digital transformation across all its operations. The group is one of the largest investment companies in the Kingdom of Saudi Arabia and MENA and owns more than 20 factories and 25 companies. https://www.obeikan.com.sa/Carly Bourne
Obeikan Digital Solutions has recently embarked on a journey of supporting and accelerating the development of tech innovations through our partnership with AAST. Our commitment to fostering innovation and empowering startups has resulted in a truly remarkable success.One of the highlights of this collaboration was our full sponsorship for the Rally Accelerate Competition. During this competition, we had the opportunity to provide mentorship to 60 startups, where we shared our extensive knowledge in IT and supply chain management. Through these mentorship sessions, the ODS team equipped startups with valuable insights, helping them refine their strategies and navigate the competitive market with confidence.We also actively participated as part of the judging panel for the Rally Accelerate Competition. Leveraging our industrial and digital expertise that played a pivotal role in choosing 10 startups from the pool of nominated candidates who stood out and demonstrated unique potential.To further consolidate our support, we welcomed the 10 winning startups to Obeikan’s headquarters. We conducted a comprehensive presentation, shedding light on the company’s manufacturing capacities. Additionally, we showcased our cutting-edge digital solutions that they can leverage to enhance their performance effectively and help them excel in their designated fields.By providing the startups with mentorship, exposure to our manufacturing capabilities, and access to our digital solutions, we contributed to their journey towards success and helped them kick off their journey with a strong foothold in their respective industries.
Nahdet Misr and Obeikan Forge Strategic Partnership to Transform the Educational Landscape in the Middle East and Africa
Cairo, September 11th 2023
Obeikan Group, a renowned conglomerate with expertise across various sectors in Saudi Arabia, and Nahdet Misr Group, Egypt’s leading provider of educational and capacity-building solutions, have forged a strategic partnership to revolutionize the educational landscape in the Middle East and Africa.
Solidified through the signing of a memorandum of understanding, this partnership is focused on driving educational development and fostering economic sustainability in the region.
By leveraging their combined strengths, both entities are fully committed to creating innovative and advanced educational opportunities that harness the transformative power of modern technology. This collaborative approach will cultivate an inspiring and dynamic learning environment, nurturing innovation and creativity among learners. The ultimate goal of this partnership is to empower Arab and African nations to effectively navigate the ever-evolving global technological landscape, enabling them to thrive in the digital era.
The scope of cooperation between Obeikan Group and Nahdet Misr Group encompasses the development of educational content and modern curricula with a primary focus on cultivating future skills among students. This collaborative effort draws upon the extensive expertise of both institutions, working in conjunction with the Ministries of Education in Egypt and Saudi Arabia.
In addition to content development, this partnership takes a bold step towards driving digital transformation in education. By adopting accelerated measures and leveraging artificial intelligence techniques, learners will benefit from personalized and interactive learning experiences. This collaboration also seeks to nurture entrepreneurship and support EdTech startups, recognizing the significant size and growth of this crucial sector in Egypt and Saudi Arabia. Together, they aim to unlock new opportunities and advance the education sector in the Arab and African regions
The collaboration between Obeikan Group and Nahdet Misr Group extends to providing effective solutions in technical education and vocational training. Recognizing the importance of bridging the skills gap, their joint programs aim to equip the workforce with the necessary skills aligned with the demands of the job market.
Moreover, both institutions will capitalize on their extensive capabilities in printing and producing diverse educational materials. With access to two of the largest and most advanced printing facilities in the region, they are well-positioned to meet the evolving needs of the educational landscape.
“The strategic partnership between Obeikan and Nahdet Misr signifies a crucial stride and an important milestone in transforming the educational landscape across the Middle East and Africa. By harnessing the distinctive capabilities and extensive expertise of both entities, we anticipate that the memorandum of understanding will yield innovative methodologies and impactful educational content, fostering a comprehensive learning experience that benefits all stakeholders. This collaboration empowers educational institutions to excel in their roles, thereby ensuring a brighter future for students.” stated Eng. Abdullah Obeikan, CEO of Obeikan Investment Group.
Dalia Ibrahim, CEO of Nahdet Misr Publishing House, further elaborated, stating, “Considering the educational challenges faced by countries in the region, the collaboration between Nahdet Misr and Obeikan presents an exceptional opportunity for exchanging experiences, knowledge, and venturing into new markets within the Arab and African regions. This strategic alliance empowers us to undertake extensive, high-quality educational projects in collaboration with ministries and educational authorities across diverse countries. Furthermore, it enables us to fulfill our mission of developing human capacity, fostering a brighter future for generations to come, and promoting sustainable development throughout the region.”
About Nahdet Misr Group:
Nahdet Misr Group is a prominent Egyptian learning organization that has been at the forefront of education and publishing in the MENA region since its inception in 1938. With a rich history spanning over eight decades, the group has established itself as a pioneer in the industry.
Operating through its eight subsidiaries, Nahdet Misr Group offers a comprehensive range of integrated services. These include curriculum development, professional development programs for educators, digital learning solutions, educational software development, vocational education and technical training programs, as well as publishing solutions.
In 2017, Nahdet Misr Group made a significant stride by launching EdVentures, the first Edtech corporate venture capital in the MENA region. EdVentures provides valuable support to startups operating in the education sector through its incubation, acceleration, and investment programs.
About Obeikan Investment Group
Obeikan Investment Group (OIG) was established in Riyadh in 1982 by Al Obeikan family, and embarked on a journey of growth over the decades to become a leading company in the fields of manufacturing, packaging, printing, binding, publishing, curriculum development, education, and other investments with a growing focus on digital transformation.
The education sector holds significant importance within the Obeikan Group, as it focuses on developing various aspects and embracing digital transformation and interactive education across all educational levels. Obeikan Education has been dedicated to enhancing curriculum content, teaching and learning approaches, and providing professional development opportunities for teachers. Additionally, the company has made significant strides in e-learning and the adoption of cutting-edge educational solutions.
Obeikan Education also offers best practices based on international standards, and localizes and disseminates international expertise to suit the cultural and religious context of Arab and Islamic communities, providing innovative curricula in the local language. In harmony with Obeikan’s digital transformation policy, Obeikan Education is spearheading the digitization of the educational process, with a focus on making the student and teacher the central pillars, leading to more efficient, effective, deep, unique, attractive, and interactive education. This is achieved through building integrated platforms and providing digital learning tools that support interactive learning, critical thinking, and multimedia.
