Friday, April 10, 2026
  • About Web3Wire
  • Web3Wire NFTs
  • .w3w TLD
  • $W3W Token
  • Web3Wire DAO
  • Media Network
  • RSS Feed
  • Contact Us
Web3Wire
No Result
View All Result
  • Home
  • Web3
    • Latest
    • AI
    • Business
    • Blockchain
    • Cryptocurrencies
    • Decentralized Finance
    • Metaverse
    • Non-Fungible Token
    • Press Release
  • Technology
    • Consumer Tech
    • Digital Fashion
    • Editor’s Choice
    • Guides
    • Stories
  • Coins
    • Top 10 Coins
    • Top 50 Coins
    • Top 100 Coins
    • All Coins
  • Exchanges
    • Top 10 Crypto Exchanges
    • Top 50 Crypto Exchanges
    • Top 100 Crypto Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks
  • Events
  • News
    • Latest Crypto News
    • Latest DeFi News
    • Latest Web3 News
  • Home
  • Web3
    • Latest
    • AI
    • Business
    • Blockchain
    • Cryptocurrencies
    • Decentralized Finance
    • Metaverse
    • Non-Fungible Token
    • Press Release
  • Technology
    • Consumer Tech
    • Digital Fashion
    • Editor’s Choice
    • Guides
    • Stories
  • Coins
    • Top 10 Coins
    • Top 50 Coins
    • Top 100 Coins
    • All Coins
  • Exchanges
    • Top 10 Crypto Exchanges
    • Top 50 Crypto Exchanges
    • Top 100 Crypto Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks
  • Events
  • News
    • Latest Crypto News
    • Latest DeFi News
    • Latest Web3 News
No Result
View All Result
Web3Wire
No Result
View All Result
Home Press Release GlobeNewswire

Saudi Arabia Business Tycoon Abudawood to join Merit Incentives Group as a Chairman of the Board

April 10, 2026
in GlobeNewswire, Web3
Reading Time: 4 mins read
5
SHARES
245
VIEWS
Share on TwitterShare on LinkedInShare on Facebook

RIYADH, Saudi Arabia, April 10, 2026 (GLOBE NEWSWIRE) — Merit Incentives Group (“Merit”), the global engagement and loyalty technology company powering reward and incentive programs across more than 100 countries, today announced the appointment of the Saudi Arabian business tycoon Mohammed H. Abudawood as Chairman of the Board.

Mr. Abudawood is a distinguished business leader with a career spanning more than three decades across trading, manufacturing, distribution, and international joint ventures. As Founder of Abudawood Trading Company (retail), the Ecolab Institutional Distribution Business, and Abudawood Industrial Company in the Royal Commission of Yanbu, he has built and scaled large-scale retail and institutional distribution platforms, forged strategic global partnerships, and launched proprietary brands across the FMCG and industrial sectors.

Mr. Abudawood also served as General Manager of two Clorox USA–Saudi joint ventures for more than 20 years, where he led regional expansion, marketing, sales, and logistics strategies, contributing to long-term operational excellence and brand growth in the Kingdom of Saudi Arabia.

His governance credentials are equally distinguished. He has served as Chairman and Board Member of multiple leading public and private institutions, and as a member of the Jeddah City Council. Internationally, he has served on the board of the Harvard University Institute for Social & Economic Policy in the Middle East and the Harvard University Journal. He is a graduate of Harvard Business School’s Program for Management Development (PMD), Class of 1991.

Julie Barbier-Leblan, Group CEO and Co-Founder of Merit, commented:

“Mohammed Abudawood’s joining our group marks a significant milestone in Merit’s journey. As we continue to scale our global engagement infrastructure from Saudi Arabia, his strong background, international partnerships, and board leadership will be instrumental in strengthening our foundation and driving our long-term strategy.”

As Chairman of the Board, Mr. Abudawood will lead the advancement of the company’s governance frameworks, foster strategic partnerships, and guide M&A activity – supporting the development of a more scalable platform for sustained global expansion.

Mr. Abudawood said:

“Merit has established a differentiated engagement infrastructure platform with global reach and deep Saudi expertise. I am honored to join as Chairman and look forward to contributing to the continued expansion of its ecosystem and overall growth.”

In addition, Merit has reported an outstanding performance this quarter, achieving triple-digit growth across its global engagement platforms. This milestone underscores the company’s strong market execution, the scalability of its technology infrastructure, and the growing demand for innovative loyalty and incentive solutions worldwide.

This appointment reflects Merit’s continued evolution into a governance-driven, product-led, and globally scalable technology group, in alignment with Saudi Arabia’s Vision 2030 ambitions and the Kingdom’s growing role as a hub for digital infrastructure and innovation.

About Merit Group

Merit is a global engagement technology company enabling enterprises to design, manage, and scale loyalty, rewards, incentive, and engagement programs across multiple markets, currencies, and industries. Headquartered in Saudi Arabia, Merit operates in over 160 countries and partners with thousands of global brands, providing infrastructure that connects businesses with customers, employees, and partners through intelligent, scalable engagement solutions.

Media Contact:

Info@meritincentives.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/43c55b19-22be-43f8-abcb-e5feaf7cde90

About Web3Wire
Web3Wire – Information, news, press releases, events and research articles about Web3, Metaverse, Blockchain, Artificial Intelligence, Cryptocurrencies, Decentralized Finance, NFTs and Gaming.
Visit Web3Wire for Web3 News and Events, Block3Wire for the latest Blockchain news and Meta3Wire to stay updated with Metaverse News.

ShareTweet1ShareSendShare2
Previous Post

Aukera’s Ashtalakshmi Solitaire™ Redefines Festive Diamond Buying

Next Post

Cineplex Reports Strong March Box Office Results

Related Posts

Secure Blockchain Completes Acquisition of Agentic Solutions Limited, Launches Enterprise Agentic AI Platform

POWAY, CA / ACCESS Newswire / April 10, 2026 / Secure Blockchain Development Corp. (the "Company" or "Secure Blockchain") (TSXV:ID), a leader in blockchain-embedded email encryption solutions, today announced the successful closing of its all-stock acquisition of Agentic Solutions Limited ("Agentic"), an AI Technology company built on elizaOS, one of...

Read moreDetails

Michael Carbonara Signs Moms for Liberty Parent Pledge, Reaffirming Commitment to Parental Rights in Florida’s 25th Congressional District

Sunrise, Florida, April 10, 2026 (GLOBE NEWSWIRE) -- Michael Carbonara, Republican candidate for Florida’s 25th Congressional District, today signed the Moms for Liberty Parent Pledge, formally committing to honor and defend the fundamental rights of parents to direct the education, medical care, and moral upbringing of their children. The signing...

Read moreDetails

Purple Discussion Exposes “The NAC Lie”: How Stalled Network Enforcement Creates Critical Security Risks

Manchester, LANCS, April 10, 2026 (GLOBE NEWSWIRE) -- Purple, the global leader in WiFi connectivity, has released an investigative discussion exposing “The NAC Lie”, the dangerous gap between Zero Trust theory and the reality of stalled network enforcement. You can watch the discussion on demand now. The session features industry...

Read moreDetails

UniPat AI Launches EchoZ Prediction Model, Demonstrating Performance Beyond Human Traders on Polymarket

  BEIJING, April 10, 2026 (GLOBE NEWSWIRE) -- UniPat AI announces benchmark results for its forecasting model, EchoZ-1. 0 after testing in sandbox and live environments on Polymarket.  Prediction markets are a place where individuals can trade on the results of a future event. Third-party data, including from Dune Analytics,...

Read moreDetails

Visionary Holdings Inc. Announces Receipt of Nasdaq Minimum Bid Price Notification

TORONTO, April 10, 2026 (GLOBE NEWSWIRE) -- Visionary Holdings Inc. (NASDAQ: GV) (“Visionary” or the “Company”) today announced that it received a notification letter dated April 7, 2026 from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”), indicating that the Company is not in compliance with the...

Read moreDetails

Trident Digital Tech Holdings and Ripple Strategy Holding Sign Strategic Cooperation Agreement to Co-Build a Stablecoin Payment System for Africa Market

SINGAPORE, April 10, 2026 (GLOBE NEWSWIRE) -- Trident Digital Tech Holdings Ltd. ("Trident", Nasdaq: TDTH), a Singapore-based leader in digital transformation and Web 3.0 activation, today announced the signing of a strategic cooperation agreement with Ripple Strategy Holding ("Ripple Strategy"). Under this agreement, Ripple Strategy will provide Ripple USD (RLUSD)...

Read moreDetails

Information on the total number of voting rights and shares of 74Software share capital as of April 9, 2026

Press Release Information on the total number of voting rights and shares of 74Software share capital as of April 9, 2026 Paris, April 10, 2026 - In accordance with Articles L.233-8 II and R.225-73 I of the French Commercial Code (Code de Commerce) and Article 223-16 of the General Regulations of...

Read moreDetails

IDPIC Appoints K. S. Raju as MD & CEO to Strengthen Digital Payment Fraud Intelligence

MUMBAI, India, April 10, 2026 /PRNewswire/ -- The Indian Digital Payment Intelligence Corporation (IDPIC), has appointed Mr. K. Satyanarayana Raju as its Managing Director & Chief Executive Officer. IDPIC is India's central AI-driven platform for detecting and preventing real-time digital payment fraud. It was incorporated as a Section 8, not-for-profit...

Read moreDetails

Deakin University and Aikam (Telangana AI Innovation Hub) Sign Strategic MoU to Advance Applied AI, Skilling, Research and Innovation

HYDERABAD, India, April 10, 2026 /PRNewswire/ -- Deakin University, Australia, and the Government of Telangana, through Aikam™, today formalised a landmark partnership with the signing of a Memorandum of Understanding (MoU) to advance collaboration in applied artificial intelligence (AI), skilling, research, and innovation. The MoU was signed at the Telangana...

Read moreDetails

Cycurion Makes It Clear: Issues Litigation Hold Letters to 16 Market Makers as Company Aggressively Investigates Potential Harm to Shareholders

MCLEAN, Va., April 10, 2026 (GLOBE NEWSWIRE) -- Cycurion, Inc. (Nasdaq: CYCU) (“Cycurion” or the “Company”), a leading provider of advanced IT cybersecurity solutions and AI-driven innovations for government, enterprise, and critical infrastructure clients, today continues to make it clear that it will not sit idly by and will vigorously...

Read moreDetails
Web3Wire NFTs - The Web3 Collective

Web3Wire, $W3W Token and .w3w tld Whitepaper

Web3Wire, $W3W Token and .w3w tld Whitepaper

Claim your space in Web3 with .w3w Domain!

Web3Wire

Trending on Web3Wire

  • Claw Code Launches Open-Source AI Coding Agent Framework With 72,000 GitHub Stars in First Days

    9 shares
    Share 4 Tweet 2
  • Understanding Soulbound Tokens SBT Their Definition and Significance

    52 shares
    Share 21 Tweet 13
  • Discover 2025’s Top 5 Promising Low-Cap Crypto Gems

    96 shares
    Share 38 Tweet 24
  • Cross-Chain Liquidity, Meet Reality: Why 2026’s Bridge Wars Look Different

    6 shares
    Share 2 Tweet 2
  • Unifying Blockchain Ecosystems: 2024 Guide to Cross-Chain Interoperability

    157 shares
    Share 63 Tweet 39
Join our Web3Wire Community!

Our newsletters are only twice a month, reaching around 10000+ Blockchain Companies, 800 Web3 VCs, 600 Blockchain Journalists and Media Houses.


* We wont pass your details on to anyone else and we hate spam as much as you do. By clicking the signup button you agree to our Terms of Use and Privacy Policy.

Web3Wire Podcasts

Upcoming Events

There are currently no events.

Latest on Web3Wire

  • Ex-Coca-Cola Executives Take Aim at the $5 Trillion Market That B2B Apps Couldn’t Crack
  • Vadzo Imaging Introduces Bolt-830CRS: Onsemi AR0830 HyperLux(TM) LP 8MP 4K HDR MIPI CSI-2 Camera Module for Power-Constrained Embedded Vision Systems
  • Designed for the Desk, Built for the Day: The Epomaker TH108 V2 Pro
  • Post Oak Group Named as Texas’s Best Middle-Market Investment Bank
  • Secure Blockchain Completes Acquisition of Agentic Solutions Limited, Launches Enterprise Agentic AI Platform

RSS Latest on Block3Wire

  • The Algorithmic Monographs: A Five-Volume Civil Code for the Age of Autonomous Intelligence
  • Ali Sadhik Shaik: Practitioner, Scholar, and Author – Focused on the Governance of Intelligent Systems
  • The Klyrox Protocol: A Decentralized Framework to Close the AI Accountability Gap
  • Covo Finance: Revolutionary Crypto Leverage Trading Platform
  • WorldStrides and HEX Announce Partnership to Offer High School and University Students Innovative Courses Designed to Improve Their Outlook in the Digital Age

RSS Latest on Meta3Wire

  • The Algorithmic Monographs: A Five-Volume Civil Code for the Age of Autonomous Intelligence
  • Ali Sadhik Shaik: Practitioner, Scholar, and Author – Focused on the Governance of Intelligent Systems
  • The Klyrox Protocol: A Decentralized Framework to Close the AI Accountability Gap
  • Thumbtack Honored as a 2023 Transform Awards Winner
  • Accenture Invests in Looking Glass to Accelerate Shift from 2D to 3D
Web3Wire

Web3Wire is your go-to source for the latest insights and updates in Web3, Metaverse, Blockchain, AI, Cryptocurrencies, DeFi, NFTs, and Gaming. We provide comprehensive coverage through news, press releases, event updates, and research articles, keeping you informed about the rapidly evolving digital world.

  • About Web3Wire
  • Founder’s Note
  • Web3Wire NFTs – The Web3 Collective
  • .w3w TLD
  • $W3W Token
  • Web3Wire DAO
  • Event Partners
  • Community Partners
  • Our Media Network
  • Media Kit
  • RSS Feeds
  • Contact Us

Crypto Coins

  • Top 10 Coins
  • Top 50 Coins
  • Top 100 Coins
  • All Coins – Marketcap
  • Crypto Coins Heatmap

Crypto Exchanges

  • Top 10 Exchanges
  • Top 50 Exchanges
  • Top 100 Exchanges
  • All Crypto Exchanges

Crypto Stocks

  • Blockchain Stocks
  • NFT Stocks
  • Metaverse Stocks
  • Artificial Intelligence Stocks

Web3Wire Whitepaper | Tokenomics

Web3 Resources

  • Top Web3 and Crypto Youtube Channels
  • Latest Crypto News
  • Latest DeFi News
  • Latest Web3 News

Blockchain Resources

  • Blockchain and Web3 Resources
  • Decentralized Finance (DeFi) – Research Reports
  • All Crypto Whitepapers

Metaverse Resources

  • AR VR and Metaverse Resources
  • Metaverse Courses
Claim your space in Web3 with .w3w!

The Klyrox Protocol | The Algorithmic Monographs

Top 50 Web3 Blogs and Websites
Web3Wire Podcast on Spotify Web3Wire Podcast on Amazon Music 
Web3Wire - Web3 and Blockchain - News, Events and Press Releases | Product Hunt
Web3Wire on Google News

Media Portfolio: Block3Wire | Meta3Wire

  • Privacy Policy
  • Terms of Use
  • Disclaimer
  • Sitemap
  • For Search Engines
  • Crypto Sitemap
  • Exchanges Sitemap

© 2024 Web3Wire. We strongly recommend our readers to DYOR, before investing in any cryptocurrencies, blockchain projects, or ICOs, particularly those that guarantee profits.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Coins
    • Top 10 Cryptocurrencies
    • Top 50 Cryptocurrencies
    • Top 100 Cryptocurrencies
    • All Coins
  • Exchanges
    • Top 10 Cryptocurrency Exchanges
    • Top 50 Cryptocurrency Exchanges
    • Top 100 Cryptocurrency Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks

© 2024 Web3Wire. We strongly recommend our readers to DYOR, before investing in any cryptocurrencies, blockchain projects, or ICOs, particularly those that guarantee profits.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.