Electronic Coupon Website/Application in English & Arabic

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This customer received 262 logo designs from 94 designers. They chose this logo design from Mthau as the winning design.
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Logo Design Brief
We are looking for Logo and branding (colours, fonts) for a start-up creating an electronic coupon app in the Middle East.
The name of the business is Wafra, which in Arabic relates to "savings". We want our brand to represent thrift and saving money, but at the same time be fun and colourful. Overall the logo and branding should be crisp and clean.
Updates
Project Deadline Extended
Reason: More time for designers to edit and improve their designs.
Added Tuesday, July 5, 2016
Project Deadline Extended
Reason: None of the designs are in line with my expectations.
Added Monday, July 18, 2016
Project Deadline Extended
Reason: Still looking for that winning design
Added Wednesday, July 20, 2016
Target Market(s)
Middle East price sensitive shoppers
Industry/Entity Type
Electronic
Logo Text
Wafra
Logo styles of interest
Abstract Logo
Conceptual / symbolic (optional text)



Font styles to use
Look and feel
Each slider illustrates characteristics of the customer's brand and the style your logo design should communicate.
Elegant
Bold
Playful
Serious
Traditional
Modern
Personable
Professional
Feminine
Masculine
Colorful
Conservative
Economical
Upmarket
Requirements
Must have
- A symbol that represents cost savings.
- This symbol will then be used as part of the marketing and branding and be recognized as the Wafra brand. Similar to the Thumbs Up recognized as a facebook like, we should have a symbol that means "cost savings". Ideally the symbol is part of the logo itself but can also be stand-alone
Nice to have
- https://www.coupons.com/
- https://kasra.co/
Should not have
- Should not be messy or overly crowded.