Startup of the Week: Skil Studio; Perfecting the art of marketing, designing

Startup of the Week: Skil Studio; Perfecting the art of marketing, designing
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Updated 04 August 2021

Startup of the Week: Skil Studio; Perfecting the art of marketing, designing

Startup of the Week: Skil Studio; Perfecting the art of marketing, designing

JEDDAH: Zakaria Ahmad owns a digital design agency called Skil Studios focused on identity building, graphic designing, and social media content building.

“We were working with another company but recently started our own business,” said Ahmad.

The entrepreneur is grateful for the customers who trust them with the design and layout.

Their services start with designing the identity that represents their clients, then services such as digital marketing, e-commerce, and social media content development are also offered. Sometimes the business also offers videography and photography services.

The company’s founder said that most companies here focus more on quantity rather than quality. He said his company’s goal is to start an agency that cares about its clients and has their best interest in mind.

“We appreciate art in everything,” Ahmad said. He believes marketing and identity building is an art and his company seeks to achieve the target with perfection.

He said that they want to offer something new. Ahmad said his team does not believe in “copying and modifying already existing designs,” instead they want to introduce the latest global trends in the Middle East without compromising on their uniqueness.

He admitted that the business faced quite a few challenges along the way, which is usual for a startup.

“We were looking for talented people with a passion for designing and art to help us achieve our goals,” Ahmad said.

Ahmad is most proud of his company’s identity and the trust that his team has built with clients due to their sincere efforts.

He said members of the creative team ensure they understand the requirement of clients and deliver them whatever their demands are.


UAE-based digital shipping platform Palletpal raises $200K

UAE-based digital shipping platform Palletpal raises $200K
Updated 14 sec ago

UAE-based digital shipping platform Palletpal raises $200K

UAE-based digital shipping platform Palletpal raises $200K

RIYADH: UAE-based digital shipping platform Palletpal has raised $200,000 in a pre-seed round from US venture capital firm Draper Associates.

The startup gives companies across the Middle East better control over their shipments whether they are transported by air or sea, allowing them to keep an inventory of the entire shipping process from purchase to delivery.

The company plans to use the newly raised funding to grow its brand, expand its team and fine-tunie its minimal viable product (MVP).

Palletpal caters to small businesses using an extensive independent network of 50 freight forwarders and carriers, according to founder Adel Hamwi.

“These businesses are moving a large volume of products, and they're being out-priced by large players because the amount of volume that they provide is not enough for them to affect the margins on the forwarder side. We're giving the power back to the customer. You come to us and fill out a request, and then we will find you the best deal,” Hamwi said.


Luxury chain St. Regis Hotels & Resorts outlines Middle East and North African expansion by 2025

Luxury chain St. Regis Hotels & Resorts outlines Middle East and North African expansion by 2025
Updated 14 min 17 sec ago

Luxury chain St. Regis Hotels & Resorts outlines Middle East and North African expansion by 2025

Luxury chain St. Regis Hotels & Resorts outlines Middle East and North African expansion by 2025

CAIRO: High-end hotel chain St. Regis Hotels & Resorts plans to open new sites in the Middle East and North Africa over the next four years as it boosts its global presence.

The Marriott International-owned brand is set to open The St. Regis Marsa Arabia Island, The Pearl, in Qatar in early 2022.

Further openings are scheduled in Oman with Al Mouj Resort in Muscat in 2024, and the Marrakech Resort in Morocco slated for 2025.

The chain already operates hotels across the region in such countries as Egypt, the UAE and Qatar.

Marriott International said in a statement: “St. Regis has 49 open hotels and resorts today, with 29 hotels and resorts in its pipeline, representing expected growth of nearly 60 percent over the next five years in both urban and leisure destination.”

Other hotel openings are planned in the US, Caribbean and Asia Pacific regions over the period.


Economic growth in the UAE will peak next year: Beltone forecast 

Economic growth in the UAE will peak next year: Beltone forecast 
Updated 20 min 9 sec ago

Economic growth in the UAE will peak next year: Beltone forecast 

Economic growth in the UAE will peak next year: Beltone forecast 

Abu Dhabi: The UAE's main economic indicators will achieve their highest growth rates in a decade during 2022 with the support of Expo 2020, Egypt-based investment bank Beltone has forecast.

It predicts growth in private spending, non-oil GDP, tax and tourism revenues, with additional expenditure on consumer goods and services during the Expo months, Asharq news reported.

Beltone expects that the total number of visitors to the UAE from around the world will reach 10 million in the period from October 2021 until the end of March 2022.

However, this is less than the pre-pandemic target of 18 million visitors.


ENGIE-led consortium closes financing for Saudi largest solar-powered water desalination plant

ENGIE-led consortium closes financing for Saudi largest solar-powered water desalination plant
Updated 26 min 42 sec ago

ENGIE-led consortium closes financing for Saudi largest solar-powered water desalination plant

ENGIE-led consortium closes financing for Saudi largest solar-powered water desalination plant
  • The plant, supplying potable water to Jubail and Dammam, will have a 60MW capacity solar facility - the largest in-house solar capability for a desalination plant in the Kingdom

RIYADH: Saudi Water Partnership Company (SWPC), in association with the consortium led by France-headquartered ENGIE has achieved financial close on the Jubail 3B Independent Water Project (IWP), the largest solar-powered water desalination project in the Kingdom.

The project is part of the water schemes in Saudi Arabia developed under the public-private-partnership (PPP) structure, Engie said in a statement. The consortium is developing and financing the desalination plant, which will be operated and maintained by ENGIE. The Jubail 3B project was awarded by SWPC as a build, own, operate (BOO) contract, with commercial operation expected in 2024, it said.

ENGIE holds 40 percent of the project, while Saudi based Nesma Co. and Abdulaziz Al Ajlan Sons for Commercial and Real Estate Investment hold 30 percent each. 

On 29 April, SWPC awarded the ENGIE-led consortium a 25-year Water Purchase Agreement, and the contract was signed on 22 June.


Saudi firm Tabuk Pharmaceutical strikes deal to manufacture Leosons products in the MENA 

Saudi firm Tabuk Pharmaceutical strikes deal to manufacture Leosons products in the MENA 
Updated 26 min 40 sec ago

Saudi firm Tabuk Pharmaceutical strikes deal to manufacture Leosons products in the MENA 

Saudi firm Tabuk Pharmaceutical strikes deal to manufacture Leosons products in the MENA 

RIYADH: Saudi-based Tabuk Pharmaceutical Manufacturing Company has announced an exclusive agreement with Leosons Overseas Corporation to manufacture and sell Leosons products in the MENA region,

The agreement gives Tabuk Pharmaceutical an immediate take over of the US-based company's existing business in more than 10 markets, with future expansion plans to include new regions and products.

Tabuk Pharmaceutical will have the right to register, manufacture, and commercialize a range of 14 brands in several countries in the MENA region, according to the agreement.

"We consider this partnership a step forward towards augmenting our plans for long-term growth and strengthening Tabuk’s over the counter business with direct contact with patients,” Wisam Alkhatib, vice president of Strategy and Business Development at Tabuk Pharmaceuticals said.
 
“We believe our partnership with Tabuk Pharmaceuticals is transformational especially in Saudi Arabia,” John L. Ohanian, President of Leosons said.