eFatoora Dubai Leading Startup Celebrates One-Year Anniversary
eFatoora paves the way for startups in the UAE
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DUBAI, United Arab Emirates, April 1, 2018 (Newswire.com) - eFatoora, a smart and sustainable solution, was launched in Dubai March 2017. eFatoora offers an effortless, non-disruptive experience to consumers. The launch of eFatoora now officially one-year-old compliments the Smart Dubai initiative, which is a visionary effort undertaken by the Emirate to transform it into the world's smartest and happiest city by ensuring the sustained happiness of its citizens, residents and visitors by 2021.
The eFatoora app contributes significantly in reducing the carbon footprint in the UAE as millions of tonnes of paper is wasted in unwanted receipts and documents. Interestingly, the paper and pulp industry is the single-largest consumer of water and third-largest emitter of greenhouse gases - with each tonne of paper produced generating 1.5 tonnes of carbon dioxide equivalent, as well as massive deforestation. Since paper production has surpassed 445 million tonnes in recent times, the use of the smart eFatoora app will contribute towards environment sustainability.
eFatoora has tied up with a number of government entities in the UAE and in the Kingdom of Saudi Arabia with a three million USD deal. eFatoora has further exciting expansion plans beyond the GCC and worldwide. eFatoora was also listed No. 1 startup at Gitex 2017. eFatoora has recently allianced with a number of worldwide organizations who have accredited eFatoora and the core values of the company. eFatoora has set the standard for startsups in the UAE following the first-year milestone and several achievements, with much more to follow in 2018.
CEO of eFatoora Yasmine Khan stated, "eFatoora has grown from a concept to reality in the space of 12 months. We have been extremely honored and grateful to have support from Dubai Economic Department, Central Bank and our sponsor His Highness Sheikh Saeed Al Maktoum. The eFatoora team is a huge asset and I have been blessed with a committed and hardworking team with huge ambition without whom none of this would have been possible."
eFatoora is launching their digital wallet and further plans for expansion with their new sister company that will create a new financial smart city in Dubai.
Source: eFatoora
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Tags: 2017, anniversary, blockchain, digital, dubai, efatoora, gitex, happiness, saudi, smart, tech, wallet