FaceOf: Maysan Mamoun, founder of COdesign Arabia

Updated 20 October 2018

FaceOf: Maysan Mamoun, founder of COdesign Arabia

Maysan Mamoun is the founder of COdesign Arabia, a professional design studio that focuses on a design approach that engages, connects and involves communities in the creative process through participation. Mamoun is also a member of the Royal Architectural Institute Of Canada. 

Mamoun attained a bachelor’s degree in architecture from Effat University in Jeddah, Saudi Arabia in 2009, a master’s degree in architecture from Carlton University in Ottawa, Canada in 2013, an executive degree from Harvard University in Cambridge, Massachusetts, US in 2015, a post-professional master’s in architecture from McGill University in Montreal, Canada in 2016. 

Her previous work includes working as an intern architect at Saudi Diyar Consulting from June 2008-July 2008, intern architect at MOK Architects from November 2009-February 2010 and creative director at Moreyat.

She participated at the Tasmeem Fair, organized by the Saudi Art Council, and presented her work “The Abode,’’ derived from our limited perception of time and place, and is basically a space that represents both tangible and abstract materials, providing a harmonious understanding of our existential experience.

“The idea that I want to deliver here is the meaning of life unlimited — ‘Donia’ —  and the infinite ‘hereafter,’ through two materials, wax and ice. I wanted to form the shape of wax based on the ice to resemble the meaning of good deeds in life and how they last.’’


Fraud alert over cryptocurrency falsely linked to Saudi Arabia

Updated 21 August 2019

Fraud alert over cryptocurrency falsely linked to Saudi Arabia

  • The website of a cryptocurrency company is promoting what it calls the CryptoRiyal and SmartRiyal
  • The Singapore-based company uses the Saudi emblem of two crossed swords and a palm tree

JEDDAH: Fraudsters are trying to lure victims into investing in a “virtual currency” with false claims that it is linked to the Saudi riyal and will be used to finance key projects, the Saudi Ministry of Finance warned on Tuesday.

The website of a cryptocurrency company in Singapore is promoting what it calls the CryptoRiyal and SmartRiyal, using the Saudi emblem of two crossed swords and a palm tree. Its “ultimate goal” is to finance NEOM, the smart city and tourist destination being built in the north of the Kingdom, the company claims.

“Any use of the KSA name, national currency or national emblem by any entity for virtual or digital currencies marketing will be subject to legal action by the competent authorities in the Kingdom,” the ministry said on Tuesday.

The fraudsters were exploiting ignorance of how virtual currencies work, cryptocurrency expert Dr. Assad Rizq told Arab News.

“A lot of tricks can be played,” he said. “Some of these companies are not regulated, they have no assets, and even their prospectus is sometimes copied from other projects.

“They hype and pump their project so the price goes up. Inexpert investors, afraid of missing out, jump in, which spikes the price even higher. Then the owners sell up and make tons of money.

“Cryptocurrencies are a risky investment for two reasons. First, the sector is not yet fully regulated and a lot of projects use fake names and identities, such as countries’ names or flags, to manipulate investors.

“Second, you have to do your homework, learn about the technology. And if you still want to invest, consider your country’s rules and regulations.”