CAFU, the MENA region’s first fuel on-demand mobile application, announced plans this month to launch its Research and Development (R&D) Centre in Sharjah Research Technology and Innovation Park (SRTI Park).
In a feature article by The National, the newspaper explained that "Cafu takes its moniker from an Emirati saying used when someone has helped you and saved you – it is, the company says, akin to saying 'you are the best'."
Ever since CAFU’s launch, the unique fuel delivery service provider has been keen to reinvent the fueling process by using advanced technology coupled with shifting consumer behavior to create a revolution in the energy sector. The partnership with SRTI Park will provide a platform to achieve this ambition, while further accelerating CAFU’s vision of bringing innovative technologies to its people in a way that is smart and convenient.
The R&D facility will undertake activities to innovate, introduce new products and services to the market as well as solve major challenges through advanced technology and continuous deep learning.
“CAFU’s long term ambition is to become a proactive global energy-tech player that has set a benchmark for the fuel delivery industry through its leading technology. With the announcement of the R&D centre, we have reached a new milestone and we look forward to investing in local and global talent while keeping a steady focus on development and implementation of new exciting technologies for our consumers and partners” said Rashid Al Ghurair, Founder of CAFU.
Hussain Mohammed Almahmoudi, CEO of Sharjah Research Technology and Innovation Park (SRTIP) said: “SRTIP welcomes this exciting step by CAFU to be part of our thriving innovative ecosystem in Sharjah. CAFU's move demonstrates a real manifestation of 'Triple Helix' where academia, research institutions, government and private sectors innovate together. SRTIP prides itself to be a growing centre of excellence for transport and logistic technologies and home for regional leading entrepreneurs and talent.”
CAFU’s services are now available in Dubai, Sharjah and Ajman; fueling cars, motorcycles and boats around the clock.