{"id":93960,"date":"2025-02-02T00:00:00","date_gmt":"2025-02-02T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2025\/02\/02\/educhain-acquires-india-born-schools-management-platform-rarome\/"},"modified":"2025-02-02T00:00:00","modified_gmt":"2025-02-02T00:00:00","slug":"educhain-acquires-india-born-schools-management-platform-rarome","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2025\/02\/02\/educhain-acquires-india-born-schools-management-platform-rarome\/","title":{"rendered":"Educhain acquires India-born schools management platform Rarome"},"content":{"rendered":"

\n

M&A-<\/p>\n

<\/strong>Blockchain-backed digital credentialing provider for schools <\/strong>Educhain<\/a><\/strong> has fully <\/strong>acquired India-born K-12 schools management platform <\/strong>Rarome<\/a><\/strong> for an undisclosed sum,<\/strong> according to a press release (pdf)<\/a>. Educhain has offices<\/a> in Dubai, Riyadh, Vancouver, and Toronto.<\/p>\n

The pitch: <\/strong>\u201cWe will create a robust platform that integrates school management with secure digital credentialing, ensuring academic institutions have the tools they need to succeed in the digital age,\" Virendra Maloo, CEO of Rarome, said. <\/p>\n

Rarome\u2019s offerings:<\/strong> Rarome provides an extensive array of solutions, such as RFID attendance systems with SMS alerts, multi-school management, tailored ERP systems, multilingual support, and mobile applications for both parents and schools. Rarome also offers franchise licenses.<\/p>\n

\n

REAL ESTATE-<\/p>\n

Sumou Real Estate to build Riyadh and Dammam projects:<\/strong> Sumou Real Estate Company signed two contracts with the Saudi Railway Company totalling SAR 64.4 mn to develop projects in Riyadh and Dammam, according to two disclosures to Tadawul (here<\/a> and here<\/a>).<\/p>\n

The details: <\/strong>The Al Malaz project in Riyadh will cost SAR 34.87 mn and take 26 months to complete, while the second contract is valued at SAR 29.57 mn, and will see Somou develop the Arina project in Dammam in the span of 33 months.<\/p>\n

\n

HEALTHCARE-<\/p>\n

Saudi is getting a new oncology center:<\/strong> Johns Hopkins Aramco Healthcare<\/a> (JHAH) will launch an Oncology Center of Excellence, integrating AI and precision medicine to enhance cancer care, Al Arabiya<\/a> reported, citing announcements on the sidelines of Arab Health 2024 in Dubai.<\/p>\n

\u2026 and a major pharmacy chain: <\/strong>Aster Pharmacy<\/a> also plans to spend USD 250 mn to expand its footprint in the Kingdom to 200 stores through a joint venture with Al Hokair Holding Group<\/a>. The company also aims to introduce digital services via its myAster app.<\/p>\n

\n

AVIATION-<\/p>\n

Flyadeal was accepted into the International Air Transport Association (IATA<\/strong>)<\/strong>, after completing the association\u2019s operational safety audit, according to a post on LinkedIn<\/a>. The membership allows Flyadeal to participate in industry committees that focus on safety, operations, and digital innovation. Customers also benefit from faster payment processing through IATA\u2019s Billing Settlement Plan (BSP). The airline will officially join the association in June.<\/p>\n

ALSO-<\/strong> Flyadeal has launched its operations in Pakistan with twice-weekly flights<\/strong> from Riyadh and Jeddah to both Karachi and Lahore using Airbus A320 aircraft, according to Pakistan state news agency APP<\/a>. The inaugural flight took off yesterday from Riyadh to Karachi\u2019s Jinnah International Airport.<\/p>\n

\n

INFRASTRUCTURE-<\/p>\n

Saudi Authority for Industrial Cities and Technology Zones (Modon) and PIF-owned <\/strong>Saudi Investment Recycling Company<\/a><\/strong> signed an <\/strong>MoU to develop waste management, treatment, and recycling facilities<\/strong> in industrial cities, aiming to advance circular economy initiatives in the Kingdom, according to a post on X.<\/a> <\/p>\n","protected":false},"excerpt":{"rendered":"

PLUS: Sumou Real Estate to build Riyadh and Dammam projects<\/p>\n","protected":false},"author":1,"featured_media":93961,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2564],"tags":[54,3951,10,2134,3950,989,353,2300],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-93960","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-aster-pharmacy","tag-enterpriseam-ksa","tag-flyadeal","tag-johns-hopkins-aramco-healthcare","tag-modon","tag-riyadh-air","tag-saudi-investment-recycling-company-sirc","wpautop","entry"],"acf":{"mongo_id":"fd0a6a64-269c-45cb-8832-f8a9575e894c","order":"10","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/2\/35.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Educhain acquires India-born schools management platform Rarome","related_issue":[93942],"teaser":"PLUS: Sumou Real Estate to build Riyadh and Dammam projects","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/2\/.1ba2cc92-e0a9-4aa6-b78e-fac9f078516c.mp3"},"yoast_head":"\nEduchain acquires India-born schools management platform Rarome - 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