DUBAI: The venture capital firm founded by billionaire Tim Draper has invested in Dubai-based Arrow Labs, a company that connects ‘deskless’ front line workers.
The $5 million series A fundraising is one of the company’s first in the region. It has previously invested in Baidu, Hotmail, Skype, Tesla, SpaceX, and Twitter.
“For many years, investment in critical remote working tools has focused almost exclusively on office based staff,” said Tim Draper, founder and managing partner of Draper Associates. “This has caused front line workers to become disconnected. This is a global issue, affecting hundreds of millions of people, and a solution is required.”
The pandemic has led to upheaval across the global workplace as more employers adopt remote working practices and look to technology to help support that transition.
Arrow Lab’s core product is a platform accessed by mobile app, web, and wearables – which connects employees with machines and facilities and claims to reduce operating costs by 20 percent while increasing staff productivity by 30 percent.
Investment proceeds will be used by to accelerate growth into new markets, especially the US while also enhancing development of the MIMS platform’s machine-learning capabilities.
Arrow Labs existing clients include G4S, Linde AG, Dubai Ports World and Bnet.
Billionaire investor Tim Draper backs Dubai-based remote tool for front line workers
https://arab.news/bpsmg
Billionaire investor Tim Draper backs Dubai-based remote tool for front line workers
- The pandemic has led to upheaval across the global workplace as more employers adopt remote working practices and look to technology to help support that transition
King Abdulaziz Airport among world’s busiest after record-breaking 2025
RIYADH: King Abdulaziz International Airport has achieved a new historical milestone, reaching 53.4 million passengers in a single year.
This is the highest number ever recorded at a Saudi airport since the beginning of air travel in the Kingdom, placing it among the world’s mega airports in terms of passenger traffic, according to the Saudi Press Agency.
The airport handled a total of 310,000 flights and 60.4 million bags, representing a 12 percent increase compared to 2024. It also handled 9.57 million Zamzam water containers and 2,968 cargo flights.
This achievement reflects the airport’s qualitative transformation and its position as a regional hub and national gateway connecting the Kingdom to the world. It also highlights its role in facilitating the movement of visitors and pilgrims, promoting tourism in line with the goals of Vision 2030, diversifying the economy, and providing a distinguished travel experience.
For his part, CEO of Jeddah Airports Co. Mazen Johar, affirmed that reaching 53.4 million passengers confirms the airport’s high operational readiness and represents a pivotal milestone for moving to the next phase, in preparation for doubling this number, God willing, in the coming years.
He pointed out that this national achievement would not have been possible without the grace of God Almighty, followed by the directives of the wise leadership and the continuous follow-up from the minister of transport and logistics, the president of the General Authority of Civil Aviation, and the CEO of Airports Holding Co.
He explained that King Abdulaziz International Airport is strengthening its position as a major aviation hub in the region through expansions, increased capacity, and improved services, supporting the objectives of the aviation program and aligning with the goals of the Kingdom’s Vision 2030.
The CEO of Jeddah Airports Co. expressed his gratitude to the partners in success from various government and private sectors for their fruitful cooperation through a collaborative work system that contributed to providing the best services.
