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- 🌍 Lush Launches 🍉 Watermelon Soap to Support Palestinian Children's Mental Health
🌍 Lush Launches 🍉 Watermelon Soap to Support Palestinian Children's Mental Health
Augustus Media FZ LLC
July 23, 2024
Marhaba folks! 🌞 In today's edition, we dive into Saudi Arabia's OTO securing $8M in funding, Dubai's new investment in mental health, and a British cosmetics brand's unique initiative to support Palestinian children. Yalla, let’s go 🏃🏻♀️
📦 Saudi Arabia's OTO Raises $8M in Series A, Led by Sanabil Investments
OTO Team
What is it about:
Saudi Arabia-based logistics platform OTO has raised $8 million in a Series A funding round led by Sanabil Investments, with contributions from Sadu Capital, Iliad Partners, Propeller, and Soma Capital.
OTO, founded in 2019 by Mohammad AlRazaz and Furkan Uzar, simplifies logistics through an integrated platform that manages shipping, tracking, and returns.
Why does it matter:
This new funding will enable OTO to expand its operations in Saudi Arabia, the UAE, and Turkey, and introduce new features to its platform.
The investment underscores the growing importance of efficient logistics solutions in the region, especially as OTO partners with e-commerce giants to enhance logistics processes for over 10,000 brands.
What is next:
OTO will use the funds to further develop its technology and services, aiming to provide faster and more efficient shipping experiences.
📈 Markets
🔼 EGX 30 | 28,992.34 | +0.73% |
🔼 DFMSI | 3,590.60 | +1.46% |
🔼 ADX | 10,050.30 | +1.56% |
🔽 Tadawul | 12,105.54 | -0.57% |
🧠 Dubai Invests $28.5 Million in Mental Wealth Framework for Community Well-Being
Dubai
What is it about:
Dubai has announced a $28.5 million investment in its Mental Wealth Framework, part of a comprehensive health strategy aimed at improving mental health support, raising awareness, and ensuring accessible care for residents.
The initiative integrates mental health services into existing healthcare systems and promotes a supportive environment through public-private sector collaboration.
Why does it matter:
The framework focuses on enhancing workplace mental health, developing a holistic care model, improving educational settings, and promoting research and innovation.
It targets various societal groups, including the elderly, children, and individuals with chronic conditions, ensuring psychological and community stability across all segments.
What is next:
The framework will roll out a range of programs and resources to achieve its key objectives, aiming to create a more supportive and mentally healthy community.
Quote of the day
"The future belongs to those who believe in the beauty of their dreams." 🌟 – Eleanor Roosevelt
🍉 British Cosmetics Brand Launches Watermelon Soap to Support Palestinian Children's Mental Health
What is it about:
British cosmetics retailer Lush has introduced a watermelon soap to fund mental health and trauma counseling for children in Gaza and the West Bank.
The soap, made from natural ingredients like rapeseed, coconut, and watermelon, symbolizes solidarity with Palestine through its design, reflecting the colors of the Palestinian flag.
Why does it matter:
This initiative addresses the significant mental health challenges faced by Palestinian children, including high rates of PTSD and other emotional issues.
Lush's project not only supports mental health but also promotes sustainable agriculture by sourcing olive oil from a local permaculture farm.
What is next:
Proceeds from the watermelon soap sales will go towards providing much-needed mental health support and trauma counseling for Palestinian children, fostering hope and resilience in the affected communities.
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