‘Virtual’ Neom wows Future Investment Initiative delegates

Conference visitors watch a 3-D presentation during an exhibition on ‘Neom.’ (Reuters)
Updated 26 October 2017

‘Virtual’ Neom wows Future Investment Initiative delegates

RIYADH: A virtual reality show illustrating what the soon-to-be-constructed Neom city will look like drew big crowds at the Future Investment Initiative in Riyadh yesterday.
Plans for the $500 billion mega city and business zone on the Red Sea were unveiled on Tuesday by Saudi Crown Prince Mohammed bin Salman.
Neom will be one of the biggest projects of its kind and will be powered by renewable energy such as solar and wind, be drone-friendly and a center for new technologies including research into areas such as artificial intelligence.
The demonstration at the forum highlighted Neom’s potential and offered delegates a glimpse of the future, with robots on hand to answer questions from curious and sometimes amused delegates.
People were taken into an enclave at half-hour intervals for a guided tour that lasted 15 minutes. The show started with a panoramic video of the project and displayed dazzling examples of what a 21st century smart city might look like. Neom will focus on industries including energy and water, biotechnology, food, advanced manufacturing and entertainment, the crown prince said won Tuesday.
“The focus on these sectors will stimulate economic growth and diversification by nurturing international innovation and manufacturing, to drive local industry, job creation, and GDP growth in the Kingdom,” he said. Neom will attract private as well as public investments and partnerships.
The zone will be financially supported by KSA, the Saudi Public Investment Fund, and local and international investors.
The business and industrial city will be located in the Kingdom’s northwestern region and is the world’s first zone to extend across three countries, stretching its borders into neighboring Jordan and Egypt. It will be adjacent to the Red Sea and the Gulf of Aqaba, and near maritime trade routes that use the Suez Canal.
Inside the main forum, meanwhile, panel discussions looked at themes such as: “How is the next generation reshaping business, culture, investment, and society?”
Delegates heard that in many countries, people under the age of 30 represented the largest demographic — and the central economic force of the future.
“Tidal waves of young people were entering the job market and creating significant challenges and even greater opportunities,” said one panelist. Speakers discussed ways of coping with the huge demands on societies, both economic and political, that are certain to arise in the years ahead.


Startup of the Week: Wayakit, the biotech firm helping travelers beat odors and stains

Updated 10 December 2019

Startup of the Week: Wayakit, the biotech firm helping travelers beat odors and stains

  • Wayakit leaves the clothes clean and fresh again

JEDDAH: Wayakit is a biotechnology start-up incubated by King Abdullah University of Science and Technology (KAUST).

KAUST Ph.D students Sandra Medina and Luisa Javier are avid travelers who have come up with a pocket-sized product that deals with both odors and stains on fabrics, leaving the cloths clean and fresh again.

Wayakit is also gentler on fabrics because traditional laundry eventually damages them, said Javier, who first moved to Saudi Arabia from Mexico ten years ago.

Her business partner, Sandra Medina, who came from Colombia to study at KAUST, explained to Arab News how Wayakit works. “You just spray the smelly area twice and you’re good to go. In the case of stains, you spray twice and then pat dry it with a tissue and it will disappear,” she said.

The idea for the product came during a trip for a conference two years ago when the travelers realized their luggage was lost “We had to present with our dirty, seven-hours’ flight clothes,” Javier told Arab News.

“We started looking into the possibility then, because there’s not a proper solution to doing laundry while traveling,” she said.

 

They decided they needed to come up with a product that was not pricey, was easy to carry, and did the job by removing stains and bad odors “on-the-go.”

 

 

The duo began by interviewing more than 100 travelers of 23 different nationalities to find out if this was a common issue that travelers struggled with.

 

“From the Entrepreneurship Center at KAUST, we learned the importance of listening first to the customers before designing any product,” said Medina. From these interviews, Wayakit team got the product requirements and then moved into the lab to start working on the formulation of Wayakit. “The amazing facilities and labs in KAUST helped us to speed up the creation of our first prototype. After this, the same KAUST community was the people who first tried Wayakit and gave us feedback. “In KAUST we do not only have state-of-the-art labs, but also a whole entrepreneurial ecosystem,” Medina added.

Wayakit is different from its competitors in that it contains no toxic chemicals, and covers a broader spectrum in covering stains — it is two products in one. It also contains anti-bacterial properties, acting as a sanitizer that “removes all the stains that occur on a day-to-day basis as well as being an odor remover,” Javier said.

The pair went for a biotechnology-based formula that excluded the usage of oxidizers and focused on more organic compounds. “Even the anti-bacterial properties are not toxic as we incorporated these in an environmentally friendly formulation,” she said.

The Wayakit founders had to rigorously test their product, dealing with different types of sweat and stains to perfect their spray. “We had to give testers to travelers to try it out and had to listen to their feedback, then went back to the lab to improve it, in order to make sure the product was as promised.”

Medina said KAUST’s mentorship had also helped their company to develop. “KAUST for us is a catalyst of entrepreneurship and has given us a lot of room to grow our start-up Wayakit,” she said.

KAUST helped Wayakit by giving the advice and support from the start. From entrepreneurial courses to teaching the concepts of building a brand, KAUST encouraged Wayakit to grow from a scientific outlook and helped the founders to better understand the customer.

“As foreigners, it was difficult for us to understand the logistics and procurement of shipping and importing here in Saudi Arabia. KAUST has helped us to face that hurdle in order to be able to reach all our clients in the MENA region and worldwide,” Medina said. “Beyond helping travellers, our mission is to change the way how laundry is commonly done. We found a way to effectively wash clothes reducing water and energy consumption,” Javier said. 

Wayakit has recently began selling in Jeddah’s Homegrown Market, chosen because it is “a Middle Eastern brand store with unique ambience,” said Medina.