Connect with us


Loral TechQuest winners from the UAE and Saudi Arabia advance to finals of Loral Big Bang Beauty Tech Innovation Programme in Singapore

Loral TechQuest winners from the UAE and Saudi Arabia advance to finals of Loral Big Bang Beauty Tech Innovation Programme in Singapore


You’re reading this now from Entrepreneur Middle East, an international franchise of Entrepreneur Media.

Four local startups from the UAE and Saudi Arabia may compete in the grand final of the Loral Big Bang Beauty Tech Innovation Program, the first open innovation competition for the beauty industry in the South Asia Pacific, Middle East and North Africa region, scheduled to be held in Singapore in October 2024 by French multinational Loral.

The four companies – Exponential Solutions (10xDS), Ahad, Yango Robotics and Aim Technologies – were announced as the winners of L'Oral TechQuest, a competition organized in partnership with AstroLabs for domestic startups in the UAE and Saudi Arabia to develop meaningful and forward-thinking beauty technologies for L'Oral Middle East.

Loral TechQuest served as the regional semi-final for the Loral Big Bang Beauty Tech Innovation Programme, identifying 535 startups and shortlisting 14, with four ultimately from the UAE and Saudi Arabia progressing to the next phase of the competition.

Exponential Solutions (10xDS) was recognized for its work on artificial intelligence (AI) in regulatory affairs, Ahad for its contributions in data fragmentation, Yango Robotics for advancements in warehouse optimization, and Aim Technologies for its innovative work in AI for social listening.

Olfa Messaoudi, Chief Digital and Marketing Officer at Loral Middle East, speaking at the final TechQuest event. Source: Loral Middle East

If selected to participate in the Looral Big Bang Beauty Tech Innovation Program Grand Finale, the four startups will have the opportunity to develop a beauty tech innovation pilot in one of five themes: consumer experience, content, media, new commerce, and social impact tech. Companies that successfully develop pilots in the region will also have the opportunity to collaborate with Looral globally.

In a statement about the program, Olfa Messaoudi, chief digital and marketing officer, Loral Middle East, said, “Loral's overarching purpose is to create beauty that moves the world and embrace technology as a catalyst for change. The Group has a tradition of pushing the boundaries of beauty innovation and continues to do so with ways and initiatives that hone entrepreneurial spirit and pioneering talent. At Loral TechQuest, we want to explore their agility, creativity and competitiveness to find beauty solutions that drive positive change. Startups in the UAE and Saudi Arabia will have the opportunity to shape the future of beauty technology in a supportive and dynamic environment.”

Roland Daher, CEO of AstroLabs, added: “We have always been committed to blending the agility of startups with the infrastructure and depth of incumbents to enable the transformation of key growing industries. L'Oreal TechQuest is a demonstration of this commitment, providing regional startups with rapid access and the opportunity to validate and accelerate their entry into the broader L'Oral ecosystem. Bridging this gap ensures that market innovations flow seamlessly into real-world applications for industry giants like L'Oral Middle East.”

Related: Dream big: Haifa Adas, founder of Dubai-based on-demand beauty service Instagram




The mention sources can contact us to remove/changing this article

What Are The Main Benefits Of Comparing Car Insurance Quotes Online

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos


to request, modification Contact us at Here or [email protected]