Entrepreneurs
Vea Jain and Akarshi Gaur: Empowering Children with Financial Literacy Through Gamified Learning
In a world where financial literacy is often overlooked, two young visionaries, Vea Jain and Akarshi Gaur, are reshaping the landscape by introducing children to the concepts of finance and savings through their innovative gamified learning program, FinFloat. Their journey began with a shared realization of the importance of understanding money matters from an early age, leading them to embark on a mission to empower young minds with essential financial skills.
A Meeting of Minds
Vea Jain and Akarshi Gaur’s paths converged at Thapar’s Entrepreneurship Academy (TEA) online, where they discovered a common passion for bridging the gap between children and financial literacy. Their own experiences as teenagers witnessing complex financial discussions among adults inspired them to create a platform that would make finance accessible and engaging for children.
From Inspiration to Innovation:
Akarshi, an eighteen-year-old from Indore bound for the University of Southern California, realized the lack of knowledge about managing money when she turned 18. “I didn’t know a thing about how to save or invest. In short, I didn’t know anything about dealing with money,” she recalls. Partnering with Vea, a fifteen-year-old student from Oberoi International School, Mumbai, they conceptualized FinFloat – a gamified learning program designed for children aged four to nine.
The TEA Mentorship Advantage:
Guided by mentors at Thapar’s Entrepreneurship Academy, including Anand Agarwal and Kunal Mehra, Vea and Akarshi transformed their idea into reality. Their mentors provided insights on research, planning, pricing, manufacturing, and pitching, helping the duo shape FinFloat into a tangible offering that aimed to revolutionize financial education for children.
Unveiling FinFloat:
FinFloat, a simple yet ingenious concept, is presented in a box that contains a reward card, instruction card, sticker sheet, and 55 cards divided into two sets. The program is designed to teach children fundamental financial concepts through a playful approach.
Learning through Play:
The Learn cards introduce children to basic concepts like needs and wants, delayed gratification, budgeting, and savings, utilizing simple language and relatable examples. As children grasp these concepts, they move on to Task cards, which incorporate real-world scenarios in the form of suggested chores. Upon completing each task, children earn points that they can accumulate and redeem for rewards, offering a practical lesson in decision-making and budgeting.
Shaping Future Financial Leaders:
Vea and Akarshi believe that equipping the younger generation with financial skills is crucial for their future success. FinFloat not only imparts knowledge but also provides a safe space for children to learn through trial and error, fostering a sense of confidence in handling money matters.
Overcoming Challenges and Triumphs:
The journey of these young entrepreneurs wasn’t without challenges. Identifying the right niche and finalizing the product’s format proved to be crucial milestones. However, with determination and mentorship, they navigated these obstacles. Since its inception in 2021, FinFloat has sold approximately 100 boxes and garnered attention from various cities across India.
A Bright Future Ahead:
Vea and Akarshi’s aspirations extend beyond their initial success. They are actively reaching out to schools, stationery shops, and e-commerce platforms to expand their reach. With the goal of selling over 500 boxes within the first six months of their launch, they also plan to introduce new modules and cater to children aged 9 to 13.
Uniqueness in Innovation:
When discussing potential competition, Vea highlights the distinctiveness of FinFloat. Combining gamification, a family-oriented approach, and an engaging learning model, FinFloat stands out as a unique offering in the market. The continuous introduction of new modules ensures that the program remains relevant and one-of-a-kind.
A Legacy of Empowerment
Vea Jain and Akarshi Gaur’s endeavor to foster financial literacy among children is a testament to their determination, creativity, and commitment to making a difference. Their gamified learning program, FinFloat, not only equips young minds with essential financial skills but also inspires a new generation of financially savvy individuals. As Vea and Akarshi continue to chart their entrepreneurial journey, they leave an indelible mark on the landscape of financial education, ensuring that children are well-prepared for a future where financial literacy is a vital asset.
Entrepreneurs
HADID’s Journey to Becoming a Global Leader in Aviation Services
HADID International Services FZE is an international giant when it comes to services in the domain of aviation, setting benchmark levels for safety, innovation, and customer-centric solutions. Conceived by the visionary Baha Eddin Hadid, the UAE-based company started from humble regional roots and transformed into a global trusted aviation partner to its customers. Starting with commercial airlines, private operators, and international organizations, HADID has emerged as the pioneering name in aviation services. Headquartered in Dubai Airport Freezone, the company is strategically positioned in one of the world’s most dynamic aviation hubs, stretching its impacts across multiple continents and leading the industry with operational excellence.
Informational Paragraphs: HADID International Services started its mission quite clearly-ensuring timely, premier aviation solutions tailored to the specific needs of clients in the Middle East and North Africa. It has gradually expanded its operation over the years, growing from providing regional support alone into a full service global aviator. HADID opened its first office in the UAE in 1999 under the Sharjah Airport Freezone. This milestone proved to be a turning point for the company in pursuing its mission to become a regional power, and in 2003, HADID relocated its headquarters to DAFZA to position the company at the heart of global air transit.
HADID rapidly embraced technology into aviation management with its early systems. In 2002, the organization produced the world’s first commercially available flight management system named MASTER. This later developed into COMPASS, which happens to be the advanced Customer Relationship Management (CRM) tool to contribute to the facilitation of all flight-based activities globally. It also marked a new benchmark in aeronautic technology because it helped ensure client experiences and complex flight operations could now be delivered effectively regardless of how dispersed in time and regulatory environments were. It was the first of its kind in the aviation business market by offering such an innovative approach through COMPASS.
Further extending its global ambitions, HADID continued to foray into the European, UK, and United States markets in 2006. Being a member of the National Business Aviation Association (NBAA) also added to the company’s repute within the business aviation community. By 2010, the HADID had expanded into New Delhi, India, and beyond Asia as well, with robust bases in a number of other international markets. Their reputation for reliability and innovation made them one of the preferred partners among business leaders, government agencies, and private jet operators worldwide.
On the continent, HADID achieved some really important steps: opening its office in Niger in 2012 and joining AfBAA as a founding member in 2013. These strategic steps further supported HADID’s penetration across the entire African continent while strengthening its commitment to nurturing growth and cooperation within the aviation industry on a global scale. In 2018, HADID took the investment to Italy’s Riviera Airport by infusing 2.5 million euros into the Fixed Base Operator, FBO, under the HADID Riviera, thus showing its commitment to advancing business aviation infrastructure in Europe.
Today, HADID is a trusted and established ground-handling partner of IATA, representing its commitment toward industry standards and ensuring safe operation. This company, through its operations, secures relationships that represent excellence in service delivery, whether at ground handling or strategic aviation solutions. HADID has been emphasizing compliance and innovation throughout the journey. With ISO 9001, ISO 14001, and OHSAS 18001, the company assures its clients of high-quality, environmentally friendly, and safe aviation services. All its offerings, ranging from flight planning, charter management, on-ground support, to maintenance services, make it a comprehensive one-stop solution for all global aviation needs.
This UAE-based aviation leader exemplifies the vision and entrepreneurial spirit that have made the Middle East a critical hub in the global aviation landscape. As HADID International Services continues to soar, it stays committed to innovation, client-focused solutions, and sustainable practices meant to advance aviation in the best way possible. With a legacy of over four decades, HADID is a testament to visionary leadership being the transformative power of relentless excellence.
Entrepreneurs
The Magic of Cinema in the MENA Region: Gulf Film’s Expansive Influence
Since 1989, Gulf Film has been a force to be reckoned with in the Middle East cinematic landscape and is changing the region’s movie experience and bringing world-class entertainment to audiences. With its distribution rights over more than 150 titles, Gulf Film has been the largest film distributor in the Middle East and comprises nearly half of the movies shown across the region. With such titles as high-energy Hollywood blockbusters to unique Arabic and independent films, the gulf film has thus served as a bridge connecting international studios with the audience of the MENA, putting fresh cinematic experiences just one screen away.
Gulf Film started as a distributor in 2000. That was when it first set foot into exhibition with Grand Cinemas, thereby making a new era of entertainment in regional films possible. Grand Cinemas soon became a household name throughout the Middle East, offering an immersive movie-going experience. In 2014, the brand underwent a major transformation and launched as Novo Cinemas. This rebranding marked a new chapter for Gulf Film’s cinema chain, expanding its footprint with cutting-edge technologies and luxurious amenities that have since become synonymous with Novo Cinemas. Today, Novo Cinemas is the largest cinema chain in the Middle East. A favourite among moviegoers who come seeking high-quality experiences-from comfortable seating to advanced sound and projection systems-the theatrical dominance by Gulf Film has contributed to unprecedented box-office performances for the region. The prime example of this is the 2015 release of Taken 3, which took an impressive $10.3 million in regional box office revenue and became one of the highest-grossing films in the Middle East. Not only did the Middle East see its first Hollywood-style fan event, but the premiere at Gulf Film was covered by the major media and confirmed Gulf Film’s place as a real industry leader.
In its first year, film has also helped Gulf innovation in cinema technology in this region. It opened the first IMAX theatre in the Middle East at Ibn Battuta Mall, Dubai, in 2005, giving a totally different quality of view for spectators and paved the way to other advanced technologies for cinematic experience in the region. Commitment towards innovation at Gulf Film enables them consistently to push up the bound of cinematic experience in MENA.
Gulf Film, located in Dubates, continues to achieve its vision of enriching the movie culture in the Middle East by distributing a wide range of films from major studios and independent producers. The company’s influence on the regional entertainment sector is not only reflected in box office successes and advanced theatres but also in how it has created an atmosphere where global films and local narratives coexist. The beauty of Gulf Film and Novo Cinemas is seen in the diverse genres of styles that it offers audiences across the Middle East, magic from the world of cinema in the offering to every observer.
As Gulf Film expands into wider markets and keeps keenly watching the technological tides, the company will remain well positioned to be the biggest player in Middle East entertainment. From screening such international films to providing innovative experience through cinema, the influence of the company on the Middle East cinema culture will very likely continue to grow bringing joy and excitement to people for many years to come.
Entrepreneurs
Gulf Cryo’s Legacy: Supplying Industrial Innovation and Medical Solutions across Generations
Gulf Cryo became a reference point for innovation and dependability in the industrial and medical gas sector of the MENA region. Started by Salim Huneidi in 1953, the company began operation under the name Kuwait Oxygen and Acetylene Company (KOAC), opening Kuwait’s first gas manufacturing plant. This visionary move not only satisfied the booming demand for industrial gases in Kuwait but also formed the building blocks of a multi-national conglomerate to specialize exclusively in gas supply. It is now running over 30 subsidiaries across 13 countries, becoming a great leader in the gas journey started with an acute feeling of the local market. He worked as an agent for an international steel structure and construction company, and he found a huge gap in the supply of cuts and welding gases for industrial activities. Filling this gap was the purpose behind the establishment of KOAC in 1953, when he built the first plant for the separation of oxygen in the Arabian Gulf. One of the most memorable instances of early company history is its agreement with the Kuwait Oil Company, which enabled KOAC to take over KOC’s oxygen plant, which was quite small in size. Hence, the demand for industrial gases from local sources will always be there, but the deal with the Kuwait Oil Company laid the groundwork for the future expansions and success of Gulf Cryo.
In 1971, it established the Kuwait Industrial Gases Company (KIGC) in Shuaiba Industrial Area as a step in strengthening the company’s potential to be able to offer its product to the oil and refining sectors. A dedicated pipeline for nitrogen to connect the company directly to the KNPC refineries was developed so that the flow of supply remains constant and as an integrated part of the industrial structure of Kuwait. Such was achieved not only to solidify Gulf Cryo in the local market but also open up pathways towards significant growth in the years leading up to 2017.
During the 2000s, Gulf Cryo continued to expand in operations as it developed into a holding company, expanding its MENA region footprint. The company, Gulf Cryo Qatar, was established in 2006. In 2008, Gulf Cryo Saudi Arabia was established. Investments and acquisitions were seen strategically, such as when Investcorp invested in the company by taking a 20% stake in 2009. The establishment of Gulf Cryo Oman and Gu Iraq, Egypt, and Jordan showed the direction that would be taken by the company and solidified its position among the major regional gas suppliers.
Sustainability has always been at the heart of Gulf Cryo. The company works with EQUATE Petrochemical Company to introduce Kuwait’s first commercial CO₂ recovery plant. Beyond innovation, these efforts highlight a focus on environmentally sustainable practices within the gas industry. Another sustainability-related area the company focuses on is through O₂ recovery projects and developing four CO₂ hubs in Dubai, Kuwait, Dammam, and Amman to enhance the carbon management landscape in the region.
Gulf Cryo has a vast portfolio of industrial gases that include acetylene, air, argon, carbon dioxide, helium, hydrogen, oxygen, and nitrogen. There are also suites of medical gases, which include medical oxygen, nitrous oxide, and medical air-a vital requirement for health services. Quality commitment can be seen in Gulf Cryo as the company adheres to international standards that are ISO 9001:2008, ISO 14001:2004, and OHSAS 18001:2007.
By using state-of-the-art technology, sustainability, and keeping customers satisfied, surely it will continue its legacy of excellence and propel the next generations in driving the gas industry forward.
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