An Emirati start-up’s application that ensures patients take the right medication on time was among the winners of a global prize supporting entrepreneurship.
Dwak was handed the People’s Choice Award at the Pitch at the Palace event in London this week after a presentation to top business leaders.
The event at St James’ Palace – also known as Pitch@Palace and founded by Prince Andrew, Duke of York – gives small start-ups the boost they need to become a viable business and secure funding.
The business was established by students at the UAE University and has already scored a partnership with the Al Ain Pharmacy group.
Dwak’s team, led by graduate Mansour Al Kaabi, 25, and other winners were recognised at the end of a long process, which included winning pitches at a regional event at Emirates Palace hotel in October.
The competition’s past winners have created more than 1,100 jobs, with a survival rate of 95 per cent and have been responsible for economic activity of more than £400 million (Dh1.96 billion).
Student and entrepreneur Yahya Iqelan, 21, presented his idea for Dwak, which means your medicine” in Arabic, to one of his university business instructors, Steve Kranz – who understands the need to take medicine on time.
“Many years ago Steve was near death in a hospital and now must rely on daily medicine to stay alive,” Mr Iqelan said.
They formed a team with Mr Al Kaabi and Yahya’s sister Fatima Iqelan, a pharmacy student.
After a series of contests that started with the university’s ‘Challenge for Innovation’ competition, Dwak became widely recognised as a project that addressed a global need.
“Winning Pitch at the Palace UAE brought us public recognition of the problem Dwak is trying to solve – making sure people take their medicine properly,” said Mr Al Kaabi, an Emirati government employee.
“Winning in London shows we have a company with great potential across the world.”
Mr Iqelan said: “Once Dwak proves successful in the UAE we are looking to expand globally.
“Pitch at the Palace gave us the opportunity to accelerate our connections with the global market.”
The 13 teams that competed against Dwak included the humanitarian project nevHouse, which aims to end homelessness and build a greener world. It was crowned the winner of Pitch at the Palace Global.
The group takes the waste that people throw away and turn it into an affordable shelter. They make homes, classrooms and medical clinics from recycled material in just five days.
Another winner was Hireup, an online platform based in Australia that allows people with disabilities to find, hire and manage support workers.
Its services include finding help around the house, coaching for education and employment, transport or helping them run errands, therapy support and personal care.
“I am here to tell you about my brother Nick, and he is by far the most social, energetic person I ever met,” said Ben Armstrong, while pitching Hireup at the palace.
“But as we got towards the end of our schooling it was obvious our worlds would be different.
“As mine was opening up, his was closing down for no reason other than his disability. He had to rely on someone always to give him support.”
Normally they would have had to go to a local agency and pay a very expensive fee to hire a support worker based on availability, rather than choice and comfort.
“Which means that care on a daily is done by a complete stranger, and that is not OK,” Mr Armstrong said. “But we do have a solution, called Hireup.”
So far, Hireup involves 20,000 users from all over Australia, where the clients can meet the specialists who provide the service and hire workers with whom they feel comfortable.
“I am here because I know Nick’s story is not unique and I know that this little idea has global potential,” Mr Armstrong said.
Other contestants from the UAE included Brailleye, a mobile device that converts any text into Braille language by scanning it.
What can victims do?
Always use only regulated platforms
Stop all transactions and communication on suspicion
Save all evidence (screenshots, chat logs, transaction IDs)
Report to local authorities
Warn others to prevent further harm
Courtesy: Crystal Intelligence
VEZEETA PROFILE
Date started: 2012
Founder: Amir Barsoum
Based: Dubai, UAE
Sector: HealthTech / MedTech
Size: 300 employees
Funding: $22.6 million (as of September 2018)
Investors: Technology Development Fund, Silicon Badia, Beco Capital, Vostok New Ventures, Endeavour Catalyst, Crescent Enterprises’ CE-Ventures, Saudi Technology Ventures and IFC
Teachers' pay - what you need to know
Pay varies significantly depending on the school, its rating and the curriculum. Here's a rough guide as of January 2021:
- top end schools tend to pay Dh16,000-17,000 a month - plus a monthly housing allowance of up to Dh6,000. These tend to be British curriculum schools rated 'outstanding' or 'very good', followed by American schools
- average salary across curriculums and skill levels is about Dh10,000, recruiters say
- it is becoming more common for schools to provide accommodation, sometimes in an apartment block with other teachers, rather than hand teachers a cash housing allowance
- some strong performing schools have cut back on salaries since the pandemic began, sometimes offering Dh16,000 including the housing allowance, which reflects the slump in rental costs, and sheer demand for jobs
- maths and science teachers are most in demand and some schools will pay up to Dh3,000 more than other teachers in recognition of their technical skills
- at the other end of the market, teachers in some Indian schools, where fees are lower and competition among applicants is intense, can be paid as low as Dh3,000 per month
- in Indian schools, it has also become common for teachers to share residential accommodation, living in a block with colleagues
The specs
Engine: 4.0-litre flat-six
Torque: 450Nm at 6,100rpm
Transmission: 7-speed PDK auto or 6-speed manual
Fuel economy, combined: 13.8L/100km
On sale: Available to order now
Company%20profile
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Other workplace saving schemes
- The UAE government announced a retirement savings plan for private and free zone sector employees in 2023.
- Dubai’s savings retirement scheme for foreign employees working in the emirate’s government and public sector came into effect in 2022.
- National Bonds unveiled a Golden Pension Scheme in 2022 to help private-sector foreign employees with their financial planning.
- In April 2021, Hayah Insurance unveiled a workplace savings plan to help UAE employees save for their retirement.
- Lunate, an Abu Dhabi-based investment manager, has launched a fund that will allow UAE private companies to offer employees investment returns on end-of-service benefits.
Know before you go
- Jebel Akhdar is a two-hour drive from Muscat airport or a six-hour drive from Dubai. It’s impossible to visit by car unless you have a 4x4. Phone ahead to the hotel to arrange a transfer.
- If you’re driving, make sure your insurance covers Oman.
- By air: Budget airlines Air Arabia, Flydubai and SalamAir offer direct routes to Muscat from the UAE.
- Tourists from the Emirates (UAE nationals not included) must apply for an Omani visa online before arrival at evisa.rop.gov.om. The process typically takes several days.
- Flash floods are probable due to the terrain and a lack of drainage. Always check the weather before venturing into any canyons or other remote areas and identify a plan of escape that includes high ground, shelter and parking where your car won’t be overtaken by sudden downpours.
AndhaDhun
Director: Sriram Raghavan
Producer: Matchbox Pictures, Viacom18
Cast: Ayushmann Khurrana, Tabu, Radhika Apte, Anil Dhawan
Rating: 3.5/5
Company%20Profile
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