Startup of the Week: Sketching one’s own path to success

Updated 13 November 2018

Startup of the Week: Sketching one’s own path to success

  • Turkistany used the Moshkhmt character to draw a full graphic novel that was exclusive to Comic Con Dubai 2018 and will be published soon in the Middle East

JEDDAH: When people attain a high level of creativity and are able to dive into their imaginations, they tend to create their own world and maybe their own creatures in their head. This is how a creative young Saudi artist defined her brand, Moshkhmt.
The word “Moshkhmt” is Saudi slang meaning pencil scribble. As the name suggests, it is all about one’s power of imagination. It is all about one’s unique perception of the world and to express it through a simple sketch without uttering a word.
Haneen Turkistany, 24, the founder of the brand, explained: “Fear was the main motive for me to start and create the character Moshkhmt.”
Turkistany used the Moshkhmt character to draw a full graphic novel that was exclusive to Comic Con Dubai 2018 and will be published soon in the Middle East.
The brand offers products such as sketchbooks, notebooks, pins, stickers and wrapping sheets with creative signs and logos using the character Moshkhmt. It also focuses on the moon, stars and the outer space. All products are available at @crate.ksa.
Explaining the basic concept and aim of Moshkhmt, Turkistany said: “Moshkhmt is there in each one of us, young and old. It is there in our memories and dreams, our joy and pain. It could be a loved one or a target we aspire to achieve. Moshkhmt is not just a brand. It is a story in every heartbeat, and I can say that life is mainly my audience.’’
Such startups encourage the creative side of all talented Saudi youths, as they make them realize the ultimate goal in life is not just material well-being or to run after wealth. With the right attitude and using one’s talent in a positive manner, wealth and success follow. This is what Turkistany believed in and launched her brand in July 2017.
She is not only an artist but also an intellectual with a message to convey to the world. “All I wish for is that people should stop underestimating the power of their feelings (and ideas),” she said.
Turkistany is working on getting her brand recognized for its main concept and plans to continue developing her sketches and character to achieve international recognition.


G20 ready to limit effects of coronavirus on global economy, Saudi finance minister

Updated 5 min 23 sec ago

G20 ready to limit effects of coronavirus on global economy, Saudi finance minister

RIYADH: The meeting of G20 finance ministers and central bank governors ended in Saudi Arabia with a determination to tackle pressing global concerns such as geopolitical and trade confrontations, as well as the challenge of the coronavirus outbreak.
The official communique — hammered out among the G20 policy-makers gathered in Riyadh over two days of discussions — said that global economic growth was expected to pick up “modestly” this year and next, on signs of improving financial conditions and some signs of easing trade tensions.
“However, global economic growth remains slow, and downside risks to the outlook persist, inching those arising from geopolitical and remaining trade tensions, and policy uncertainty. We will enhance global risk monitoring, including the recent outbreak of COVID-19 (coronavirus). We stand ready to take further action to address those risks,” the communique said.

On so-called “trade wars” between the US and China — which was not represented at the Riyadh meeting because of the outbreak — the communiqué said: “We will continue to take joint action to strengthen international co-operation and frameworks, and also reaffirm our commitments on exchange rates.”
There was general agreement by the ministers on measures on infrastructure investment, technology development, and plans to boost domestic capital markets across the world, especially in emerging and developing countries.
But a note of caution was also sounded in several areas.The G20 finance ministers said that “we are facing a global landscape that is being rapidly transformed by economic, social, environmental, technological and demographic changes.”
Apart from that mention of the environment, there was little attention given to the contentious issue of climate change. Towards the end of the communique, the ministers and governors said: “The financial stability board (of the G20) is examining the financial stability implications of climate change.”
The finance ministers’ gathering is the first formal event in preparation for the summit of world leaders that will take place in Saudi Arabia in November, with the three key aims of empowering people, safeguarding the planet and shaping new frontiers in technology and innovation.
The international taxation system was an area of focus at the finance ministers meeting, with some countries threatening a controversial digital tax. The communique said that “we continue to support tax capacity building in developing countries,” and called on all countries to sign multilateral agreements on tax matters. “We remain committed to the full, timely and consistent implementation of the agreed financial reforms,” it added.
Other big themes of the financial G20 meeting included inclusion of youth and women in the financial process. “We support the emphasis on digital financial inclusion of under-served groups, especially youth, women and small businesses,” the communique said.
There was also strong support for the work of the global Financial Action Task Force in combating money laundering and terrorism finance. “We reiterate our strong commitment to tackle all sources, techniques and channels of these threats,” the G20 ministers said, also backing measures to tackle the financing of nuclear proliferation. “We ask the FATF to remain vigilant with respect to emerging financial technologies that may allow for new methods of illicit financing,” it added.