Riyadh: Saudi Arabia’s premier startup and SME forum, concluded with groundbreaking agreements totaling over SAR 35 billion (USD 9 billion). Organized by Monsha’at, the Kingdom’s Small and Medium Enterprises General Authority, the event showcased Saudi Arabia’s commitment to advancing entrepreneurship.
Held from November 5-9 at the Riyadh Front Exhibition & Conference Center, Biban24 attracted a record-breaking 182,000 visitors and brought together entrepreneurs, investors, and business leaders from around the globe. The forum provided a platform for innovative partnerships and impactful collaborations aimed at driving regional and global SME growth.
Key Highlights and Agreements
On the final day, several significant agreements were signed:
• Tameed launched a financing portfolio worth SAR 2.6 billion.
• Interactive Smart Communications introduced a portfolio valued at SAR 1 billion.
• Mudarabah unveiled a portfolio worth SAR 1 billion.
• Saudi Aramco announced WAED Ventures investment rounds worth SAR 18 million.
Entrepreneurship World Cup (EWC) Finals
Biban24 also hosted the prestigious Entrepreneurship World Cup (EWC) finals, featuring 100 finalists from 52 countries competing for a $1 million cash prize pool and access to networking and investment opportunities.
The 2025 EWC edition introduced a new strategic track focusing on space technologies, covering subfields such as mining, agriculture, health, and resource management. This track offered cash prizes totaling $200,000, complementing the overall $800,000 prize pool.
Biban24 highlighted Saudi Arabia’s innovative approach to entrepreneurship and cemented its position as a hub for global SME collaboration and investment.
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