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Hi Spark, hi everyone. Thank you for allowing me to present "Raqeeb," the platform that protects the market from counterfeit products and ensures their authenticity, aiming to make a positive difference for my country, the world, and humanity. I am Husain Al Majid, an electrical engineer with over 20 years of experience in project management and product development. A house burns down due to a counterfeit electrical transformer, causing loss of lives and property: severe poisoning and cancer from fake products. Counterfeits repel consumers and investors. Counterfeit goods threaten health, safety, and market trust, putting the economy at risk. Globally, counterfeit sales are estimated at $1.7 to $4.5 trillion annually, with 5% of all goods in the EU being fake. Despite stringent efforts, counterfeits still infiltrate the market, costing Saudi Arabia 40 billion SAR in 2012 alone. Saudi Arabia aims for the lowest infiltration rate globally and welcomes solutions to reduce this threat. Raqeeb provides an advanced AI-powered inventory and tracking system to protect the Saudi market from counterfeit goods, ensuring consumer and investor confidence. Raqeeb logs every product's quantity and code, tracing them from entry into the market until they reach the consumer. It continuously monitors all products with AI, analyzing data to detect abnormal patterns seamlessly. If an unauthorized product attempts to enter the market, Raqeeb flags it and identifies the location for inspection and questioning. This ensures only authentic products reach consumers, enhancing market integrity and trust. Raqeeb offers significant benefits to multiple stakeholders: 1. Economy: Raqeeb boosts investor confidence, attracting local and international investments by ensuring product rights protection in the Saudi market. 2. Government: Raqeeb provides powerful market control, enhancing government monitoring capabilities to the highest performance levels. 3. Producers and Traders: Raqeeb safeguards against substantial losses by protecting them from counterfeit goods. 4. Consumers: Raqeeb ensures consumers can trust the authenticity of their purchases, enhancing overall market confidence. Now, let us talk about the immense potential for investment in Raqeeb. First. The Market Size Raqeeb's revenue model is tied to the expansive retail market in Saudi Arabia. The retail market was valued at SAR 581.3 billion in 2022 and is projected to grow by 4% annually. Second. The target sectors The Total Addressable Market, or TAM, is the entire Saudi retail market, estimated at SAR 600 billion. The Serviceable Available Market, or SAM, focuses on Riyadh and the Eastern provinces, valued at SAR 400 billion. The Serviceable Obtainable Market, or SOM, targets Riyadh alone, estimated at no less than SAR 200 billion. Third. The revenue model "Our revenue model focuses on transaction fees. We charge businesses a percentage of each verified transaction. This ensures that as market activity increases, so does our revenue, creating a scalable and sustainable business model." Four: The 3 years projections In Year 1, Raqeeb targets Riyadh's SAR 10 billion market with a 0.01% transaction fee, aiming for 5% market penetration, yielding SAR 7 million in net revenue. In Year 2, targeting a SAR 30 billion market, with 15% penetration, the expected net revenue is SAR 29 million. Year 3 targets a SAR 40 billion market, aiming for 20% penetration, yielding SAR 39 million in net revenue. This table underscores its potential for substantial profitability and market penetration, demonstrating a clear path to sustainable success. What about the competitors? Currently, no private companies oversee market regulation. Existing systems include traditional regulatory methods, which are comprehensive but costly and inefficient, and Rasad by the Saudi FDA, which is limited to medicines and cosmetics. Raqeeb is not competing with Rasad but is supported by it, validating our concept and increasing the likelihood of adoption by the Ministry of Commerce. Raqeeb will be the first private company to provide market oversight, offering a more cost-effective, user-friendly solution that covers all market activities, ensures a reliable marketplace, and generates revenue for the government. So, what is our vision, where are we now and where are we headed? Our vision is To lead globally in ensuring product authenticity and market integrity. We are currently between validation and business planning for Raqeeb. By the end of September, I aim for Raqeeb to be among the top five in the Misk Spark program. With Spark recognition, I will seek adoption and support from the Ministry of Commerce. If secured, I will pursue funding and set up the business; otherwise, I will pitch to major brands for their support and funding. We are going off course facing difficulties and challenges. However, we have a plan to mitigate them. For government non-adoption, we will pivot to engage big brand companies and secure partnerships to launch Raqeeb. To address integration difficulties, we will provide POS-inventory integrated systems for seamless integration with Raqeeb. For funding constraints, we will focus on securing investors and prioritize MVP development for a successful pilot year. Future opportunities for Raqeeb include integrated POS-inventory systems for seamless product verification, data insights and financial tools, global expansion through partnerships and scalable technology, and IoT markets for enhanced real-time tracking and authentication. These opportunities position Raqeeb for future growth, innovation, and broader market impact in the anti-counterfeit and product verification sectors. Everyone sees that Counterfeit goods are a problem that threatens safety and trust, costing billions annually. and we have validated that Raqeeb is a solution that verifies product authenticity using AI and POS integration. We have shown that Raqeeb is the first comprehensive anti-counterfeit solution the feature that differentiates it in the market. And if you are wondering Why Now?? Obviously because Raqeeb aligns with Vision 2030, enhancing market integrity and economic growth. In Addition to all that. Raqeeb has immense potential in investing addressing a SAR 581.3 billion market with global expansion potential.