Startup of the week: Last Link — Bubble

(Bubble)
Short Url
Updated 05 November 2021
Follow

Startup of the week: Last Link — Bubble

Bubble is a web proximity-based solution where users can have simultaneous conversations. Audio sharpens as you approach others and fades away as you move away; Just like real life. It is used for meetings, conferences, training, classrooms and more.

Last Link is a Technology and Production virtual event company that was established in June 2020. It came up with the idea for Bubble in May 2021.

Their biggest client in the kingdom today is Ithra in their yearly thematic innovation program, Creative Solutions. 

It was founded by Taqi Sleel, the firm's Chief Operating Officer, and his fellow co-founders Vish Kashi and Pavan Thanai.

The concept of Bubble is new and first of its kind in the Kingdom, although a few similar companies exist in Europe and North America. 

Bubble recreates real-life experience in training or workshops where participants walk into a room and move around freely to interact with one another all virtually. 

Multiple participants can simultaneously form different groups, all in one room. They can see each other but only hear those who are close to them. 

“Since the pandemic thrusted virtual solutions on us, the shift towards virtual events has been a struggle for many - not the least for the training and workshop organizers,” Sleel told Arab News.

He explained that for such events, engagement is an important factor, but has been difficult to achieve in a way that is similar to the pre-pandemic era.

“The future is already being shaped where many enterprises have already adopted virtual training and workshops, and are in the process of going fully virtual or hybrid. Not to mention, enterprises are already seeing the benefits of remote work, remote learning and virtual events.,” he said.

Since September 2020, Last Link has worked with more than 40 clients and produced more than 300 training workshops. 

“Our experience has taught us what is lacking and what needs to be improved. We know that engagement is an important factor in such settings, but virtually it is difficult for participants to engage properly,” he said. 

Bubble allows multiple presentations to be held at once. Other useful tools offered by Bubble are pinning different types of files, use of whiteboards, a megaphone to allow announcements, and chat. 

“As an example, we recently produced a training workshop for twenty participants and two instructors. Participants joined Bubble in a specific lobby area assigned by the instructors. At this stage, all users appear as bubbles with their video on. The instructors used the megaphone, which enabled them to speak to all participants irrespective of where in the lobby the bubbles (participants) were,” he explained.

“Upon informing the participants about the task, they formed small groups in each corner of the lobby and embarked on the task. The instructors could easily oversee the work, and move effortlessly among the groups to follow the discussions as well as provide support for the participants. When the participants finished the task they moved to the center of the lobby,” he added.

Bubble is currently in beta and has more than 25 enterprises using the product today and is officially launching in January 2022. 


Saudi Arabia accounts for 25% of Pakistan’s global financial remittances, says ambassador 

Updated 8 sec ago
Follow

Saudi Arabia accounts for 25% of Pakistan’s global financial remittances, says ambassador 

RIYADH: Remittances from Pakistani workers in Saudi Arabia reached around $9 billion last year, representing 25 percent of the total global financial remittances received by the country, according to Islamabad’s Ambassador to Riyadh. 

Ahmed Farooq told Al-Eqtisadiah that remittances are witnessing continuous growth and constitute an important part of Pakistan’s economic stability. 

Pakistan has signed 27 memoranda of understanding worth close to $2.8 billion, covering diverse sectors from agriculture to manpower export, through technology and food products, according to Farooq.  

Among these MoUs, 17 worth $1 billion have been activated, with numerous opportunities available for Saudi investors in Pakistan in the mining, information technology, agriculture, and petrochemicals sectors. 

According to Farooq, Pakistan imports around $4 billion worth of goods from Saudi Arabia, with its main imports being oil and its derivatives.  

He added: “When we look at the volume of trade exchange between Pakistan and Saudi Arabia, we find that Pakistan’s exports are about $700 million, including rice, meat, and textiles, and these are the main products.” 

There are currently 100 Pakistani technology companies operating in Saudi Arabia, offering diverse services and products to the Saudi market, the Ambassador mentioned, confirming that work is ongoing to enhance cooperation in the information technology sector. 

He affirmed that over the past two years, several Saudi trade delegations have visited Pakistan, and their visits resulted in the signing of a number of MoUs and agreements. We have been able to convert approximately $1 billion worth of these MoUs into agreements, he explained. 

He clarified that the leadership’s focus is currently on enhancing the economic partnership between the two countries, which includes trade, investment, and technology. 

Pakistani workers in Saudi Arabia, who send their earnings to Pakistan, are considered a fundamental pillar of this partnership.