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Date

STARTUP WATCH | EnterpriseAM KSA

Riyadh leads Saudi startup scene charge in MENA -Startup Genome

... Water, and Agriculture ministries, Monsha’at, and the MISK Foundation, along with BIM Ventures.Looking ahead: The report highlights a burgeoning engineering-led startup development in Dhahran, pushed by the innovation output of King Fahd University of Petroleum and Minerals.ICYMI- Saudi investors were the most active in the region last year, accounting for 175 agreements and surpa...

Wednesday, 18 June 2025

STARTUP WATCH | EnterpriseAM KSA

SARsatX raises USD 2.6 mn in seed funding round

... by the “Tomoh” program run by Monsha’at in collaboration with the Saudi Export Development Authority, hoping to strike new partnerships in Europe.About SARsatX: Founded by Ahmed Alzubairi (LinkedIn) and Muhannad Almutiry (LinkedIn) as a spin-off from KAUST’s Taqadam Accelerator in 2019, SARsatX specializes in advanced Earth observation analytics and providing near real-time satel...

Wednesday, 21 May 2025

LOGISTICS | EnterpriseAM KSA

Nupco inks SAR 2.5 bn financing agreements + supply chain MoUs

... Enterprises (SME) General Authority (Monsha’at) to boost the movement and delivery of medical supplies, according to a statement.#3- Boosting medical logistics across zones with Modon: It also signed an MoU with Saudi Arabia’s Authority for Industrial Cities and Technology Zones (Modon) to establish logistics and industrial projects in the Kingdom. The pair is also looking to expa...

Tuesday, 18 February 2025

SPOTLIGHT | EnterpriseAM KSA

Leap’s day 3 unveils USD 1.8 bn in investments

... involvement;Microsoft Saudi partnered with Monsha’at to provide cloud computing services through Monsha’at Mazaya platform.DATA POINT- Jobs in Saudi’s communications sector reached 381k by the end of 2024 as the Kingdom pushes to become a global AI hub and bridge gaps in the sector, Argaam reports citing remarks by Communications and IT Minister Abdullah Alswaha at L...

Wednesday, 12 February 2025

WHAT WE’RE TRACKING TODAY | EnterpriseAM KSA

Neom’s The Line to begin vertical construction by year-end

... and medium enterprises regulator Monsha’at will host the sixth stop of its Franchise Tour between 3-4 February at the University of Tabuk, according to a statement. This is one of the stops of the larger tour which kicked off in Khobar back in August and is set to have 14 stops in total, featuring companies that want to drum up interest in their franchises.

Thursday, 30 January 2025

WHAT WE’RE TRACKING TODAY | EnterpriseAM KSA

Flynas IPO to happen this year? + PIF-backed Nesma & Partners is mulling going public

... place on Tuesday, 28 January, at Monsha’at's SME Support Center in Riyadh between 6-8pm. The program provides funding of up to SAR 4 mn to support SMEs, among other means of support. The program offers two tracks, the Small Enterprise Innovation Research (SEIR) and the Small Enterprise Technology Partnership, Monsha’at said on LinkedIn. WATCH THIS SPACE- #1- Flynas’ ...

Sunday, 26 January 2025

WHAT WE’RE TRACKING TODAY | EnterpriseAM KSA

UK Prime Minister meets with Crown Prince Mohammed bin Salman

... y-o-y to 259.4k containers.#5- Monsha’at saw a 62% y-o-y growth in business registrations in 3Q 2024, reaching 135.9k registers nationwide, according to a statement from the authority. Women own 46.8% of the existing registers, while some 40% belong to young entrepreneurs. Get Enterprise daily The roundup of news and trends that move your markets and shape corporat...

Tuesday, 10 December 2024

WHAT WE’RE TRACKING TODAY | EnterpriseAM KSA

UK Prime Minister lands in the GCC today

... foreign reserves.HAPPENING TODAY-#1- Monsha’at Import and Export Week kicks off today in Riyadh, Madinah, Jeddah, and Al Khobar, according to a statement. The event, which runs until Thursday, will see key players from the public and private sectors come together to support SMEs in the Kingdom.#2- How much did the economy grow last quarter? The GDP growth rate for 3Q 2024 is set t...

Sunday, 8 December 2024

REAL ESTATE | EnterpriseAM KSA

Cityscape Global closes out with SAR 230 bn in real estate agreements

... investments, according to a post on X. Monsha’at signed a cooperation agreement with PIF-backed developer Roshn Group to support innovation and startups in the real estate development sector, according to a post on X.

Sunday, 17 November 2024

ALSO ON OUR RADAR | EnterpriseAM KSA

CMA approves new regs on omnibus accounts

... Small and Medium Enterprises (Monsha’at) launched the Fikra platform to allow commercial innovators to connect with national experts to receive guidance on how to turn their ideas into commercially viable and investment-ready projects, according to a statement from the authority.

Sunday, 17 November 2024

KUDOS | EnterpriseAM KSA

Saudi Arabia leads Arab world in statistical performance indicators

... Enterprises General Authority (Monsha’at) announced the winners of its Future Entrepreneur initiative, recognizing outstanding students from primary, middle, and high schools, according to a statement.

Thursday, 14 November 2024

STARTUP WATCH | EnterpriseAM KSA

Biban24 wraps up

... for Small Medium Enterprises (Monsha’at) said in a news release. The first day of the forum sawMonsha’at line up some SAR 18.3 bn in SME financing through partnerships with local and global players, while days two, three, and four saw the authority ink over 16 major agreements in a bid to support the Kingdom’s business ecosystem and homegrown SMEs.Startups raised SAR ...

Monday, 11 November 2024

DEBT WATCH | EnterpriseAM KSA

Monsha’at secures additional SAR 10.7 bn in SME financing at Biban24

... Small and Medium Enterprises (Monsha’at) inked SME financing agreements worth a combined SAR 10.7 bn on the fourth day of the Biban24 Forum in Riyadh, state news agency SPA reports. A total of 16 new agreements were signed in a bid to support the Kingdom’s business ecosystem and homegrown SMEs. ICYMI- The Authority signed a combined SAR 18.3 bn-worth of financing agreements with S...

Sunday, 10 November 2024

DEBT WATCH | EnterpriseAM KSA

Monsha’at secures SAR bns in SME financing at Biban 24

... Small and Medium Enterprises (Monsha’at) signed a combined SAR 18.3 bn-worth of financing agreements with Saudi banks to drive capital access for local SMEs on the first day of the Biban24 Forum, the authority said in a statement. The event — which kicked off on Tuesday — will run until this Saturday at the Riyadh Front Exhibition & Conference Center. (** Tap or click the headline...

Thursday, 7 November 2024

WHAT WE’RE TRACKING TODAY | EnterpriseAM KSA

No delay in Riyadh Metro launch, Al Jasser says

... four-day Biban24 Forum organized by Monsha’at will run from Tuesday, 5 November to Saturday 9 November in Riyadh. It will feature over 250 speakers and 1.4k exhibitors, focusing on supporting the growth and competitiveness of SMEs, as well as promoting entrepreneurship in the Kingdom. Biban24 will also host the Entrepreneurship World Cup finals, offer 420 workshops, and focus on k...

Tuesday, 15 October 2024

WHAT WE’RE TRACKING TODAY | EnterpriseAM KSA

FDI inflows rise in 2Q 2024

... four-day Biban24 Forum organized by Monsha’at will run from Tuesday, 5 November to Saturday 9 November in Riyadh. It will feature over 250 speakers and 1.4k exhibitors, focusing on supporting the growth and competitiveness of SMEs, as well as promoting entrepreneurship in the Kingdom. Biban24 will also host the Entrepreneurship World Cup finals, offer 420 workshops, and focus on k...

Monday, 14 October 2024

WHAT WE’RE TRACKING TODAY | EnterpriseAM KSA

PIF isn’t investing Dazn + Prince Faisal bin Farhan will be at next week’s BRICs summit

... four-day Biban24 Forum organized by Monsha’at will run from Tuesday, 5 November to Saturday 9 November in Riyadh. It will feature over 250 speakers and 1.4k exhibitors, focusing on supporting the growth and competitiveness of SMEs, as well as promoting entrepreneurship in the Kingdom. Biban24 will also host the Entrepreneurship World Cup finals, offer 420 workshops, and focus on k...

Sunday, 13 October 2024

WHAT WE’RE TRACKING TODAY | EnterpriseAM KSA

Riyadh Season kicks off this weekend

... four-day Biban24 Forum organized by Monsha’at will run from Tuesday, 5 November to Saturday 9 November in Riyadh. It will feature over 250 speakers and 1.4k exhibitors, focusing on supporting the growth and competitiveness of SMEs, as well as promoting entrepreneurship in the Kingdom. Biban24 will also host the Entrepreneurship World Cup finals, offer 420 workshops, and focus on k...

Thursday, 10 October 2024

WHAT WE’RE TRACKING TODAY | EnterpriseAM KSA

Investment Minister Khalid Al Falih is in Pakistan for a three-day visit

... four-day Biban24 Forum organized by Monsha’at will run from Tuesday, 5 November to Saturday 9 November in Riyadh. It will feature over 250 speakers and 1.4k exhibitors, focusing on supporting the growth and competitiveness of SMEs, as well as promoting entrepreneurship in the Kingdom. Biban24 will also host the Entrepreneurship World Cup finals, offer 420 workshops, and focus on k...

Tuesday, 8 October 2024

WHAT WE’RE TRACKING TODAY | EnterpriseAM KSA

Almajed Oud shares hit Tadawul today

... four-day Biban24 Forum organized by Monsha’at will run from Tuesday, 5 November to Saturday 9 November in Riyadh. It will feature over 250 speakers and 1.4k exhibitors, focusing on supporting the growth and competitiveness of SMEs, as well as promoting entrepreneurship in the Kingdom. Biban24 will also host the Entrepreneurship World Cup finals, offer 420 workshops, and focus on k...

Monday, 7 October 2024

WHAT WE’RE TRACKING TODAY | EnterpriseAM KSA

Non-oil private sector activity grows again

... four-day Biban24 Forum organized by Monsha’at will run from Tuesday, 5 November to Saturday 9 November in Riyadh. It will feature over 250 speakers and 1.4k exhibitors, focusing on supporting the growth and competitiveness of SMEs, as well as promoting entrepreneurship in the Kingdom. Biban24 will also host the Entrepreneurship World Cup finals, offer 420 workshops, and focus on k...

Sunday, 6 October 2024

WHAT WE’RE TRACKING TODAY | EnterpriseAM KSA

Faisal bin Farhan, Faisal Ibrahim call for de-escalation + immediate ceasefire as regional conflict grows

... four-day Biban24 Forum organized by Monsha’at will run from Tuesday, 5 November to Saturday 9 November in Riyadh. It will feature over 250 speakers and 1.4k exhibitors, focusing on supporting the growth and competitiveness of SMEs, as well as promoting entrepreneurship in the Kingdom. Biban24 will also host the Entrepreneurship World Cup finals, offer 420 workshops, and focus on k...

Thursday, 3 October 2024

WHAT WE’RE TRACKING TODAY | EnterpriseAM KSA

Al Nassr vs. Qatar’s Al Rayyan today

... and investment prospects. #2- Monsha’at and Baha University are hosting a talk on prospects for commercial innovation in Al Baha today from 5:30-7pm, with contributions from local business leaders, according to a post on X. You can register for the talk here.WEATHER- A cloudy Riyadh will see a high of 39°C today and a low of 25°C. Meanwhile, Jeddah’s mercury will hit a high of 36...

Monday, 30 September 2024

WHAT WE’RE TRACKING TODAY | EnterpriseAM KSA

Tabby targets 2025-2026 window for Saudi IPO

... Conference Center. Organized by Monsha’at in partnership with Misk Foundation and the Global Entrepreneurship Network, the event will see 100 startups from around the world compete for a purse of up to USD 1 mn.

Thursday, 5 September 2024

BUSINESS | EnterpriseAM KSA

Newly established businesses jump in 2Q 2024

... 2024, up 78% y-o-y, according to a Monsha’at report (pdf). Commercial registrations were up 4.3% on a quarterly basis.Strong demand for Riyadh: Riyadh accounted for 32% of the new establishments, followed by Makkah at 23%, and the Eastern Region at 15.7%. DATA POINT- Women-led businesses accounted for 47% of all actively running companies by the end of 2Q, while youth-led companie...

Tuesday, 3 September 2024