Saudi entrepreneurs aim to boost quality of life

The event gave the startups a chance to introduce themselves and the services they offer to potential customers before they launch. (Photo/Supplied)
Updated 12 January 2019
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Saudi entrepreneurs aim to boost quality of life

  • 17 Saudi startups showcased in Makkah event

MAKKAH: Seventeen startup businesses, the development of which was supported by Saudi investment company Wadi Makkah’s Nomo incubator, were introduced to the public this week during a showcase titled Rabi’ Al-Wadi (The Valley’s Spring).
Each startup organized various activities during the event, which took place on Jan. 9 and 10, reflecting the services they offer, many of which are aimed at families and improving social responsibility. These included workshops, competitions, consultations, lectures and bazaars.
One of the workshops, titled “Be Your Own Beauty Consultant,” offered women between the ages of 18 and 50 advice on choosing the right outfit to achieve the perfect look and introduced them to techniques for successful shopping and closet arrangement. “The Little Robot” workshop, meanwhile, introduced children between the ages of 5 and 14 to robotics. They were shown how to assemble a robot and then given the chance to compete in a robot building contest.
Other activities included support and advice sessions for mothers about raising children, and an introduction to the mechanisms and benefits of the “Economy of Communion,” an international initiative that aims to tackle social problems by creating businesses designed to become integral parts of their communities.
Dr. Talal Al-Maghribi, the acting CEO of Wadi Makkah, said that the event is designed to help startups incubated by Nomo begin to make a lasting contribution to society and, through the workshops and activities presented by qualified professionals, educate people about ways in which they can improve their lifestyles.
“Seventeen of the startups of Wadi Makkah’s incubator have not yet entered the market and will stay in the incubator for 10 more days,” said Al-Maghribi. “The work of some of these startups is focused on community leadership, while others provide Hajj and Umrah services, in addition to consulting firms for workshops, and auto parts.”
He added that the event gave the startups a chance to introduce themselves and the services they offer to potential customers before they launch.
Wadi Makkah begins an incubator program every six months to develop new businesses, Al-Maghribi said, not all of which make it to the market. Of those that do, some have enjoyed remarkable growth, he added.
The successfully launched businesses include one that provides social media analysis services to ministries, and another that analyzes congestion at Saudi airports. Some have also attracted investment from international companies.


13,230 families benefit from ‘Sakani’ program in Saudi Arabia

More than 157,000 families benefited from the program during 2018. (SPA)
Updated 17 June 2019
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13,230 families benefit from ‘Sakani’ program in Saudi Arabia

  • More than 157,000 families benefited from the program during 2018

RIYADH: The Ministry of Housing’s “Sakani” program has helped 13,230 families registered on its Real Estate Development Fund list with housing options and finance solutions during May.
This includes 5,835 families who live in their own homes, bringing the total number of families benefiting from the program in different regions of the Kingdom since the start of the year to 68,195.
The Sakani program announced the names of beneficiaries and their national ID numbers through the link https://sakani-names.housing.sa or via the program portal.
More than 157,000 families benefited from the program during 2018.
Ministry of Housing spokesman Saif Al-Suwailem said that Sakani continues to provide its services to beneficiaries according to their needs and abilities. The ministry is keen to provide better services in line with the “Eskan” program, one of the Saudi Vision 2030 initiatives that aims to raise the proportion of residential ownership to 70 percent by 2030.
As part of Sakani’s efforts to provide suitable housing options, the program began to implement 53 new housing projects in different regions of the Kingdom, characterized by affordable prices for a large segment of citizens registered on the lists of the Ministry of Housing.
Al-Suwailem said that the ministry was keen to find solutions for Saudi families that help them to own the right home for them. SPA Riyadh