Saudi Arabia: The Small and Medium Enterprises General Authority, or Monsha’at, concluded the Biban Forum 2025, held over four days under the theme “Global Destination for Opportunities.” 

The forum attracted more than 100,000 visitors and generated agreements exceeding SR38 billion ($10 billion). 

On the first day, 21 agreements and memoranda of understanding were signed, launching initiatives worth over SR22.3 billion to support entrepreneurship. The second day featured 22 additional agreements and five initiatives aimed at empowering small and medium enterprises. 

The third day included 11 agreements, with launches exceeding SR7.6 billion to finance entrepreneurial projects, while the final day saw four cooperation agreements and initiatives valued at nearly SR8.1 billion.  

Monsha’at also honored the top five entrepreneurial universities in the Kingdom, along with winners of the event competitions and key financing entities for 2024.

The forum included agreements with organizations from Japan, Korea, Thailand, Singapore, India, Sweden, and France, aimed at fostering international cooperation and investment. 

More than 200 local and international speakers participated in discussions on artificial intelligence, sustainability, and finance, with attendees engaging in over 80 workshops, 2,150 consultations, and 1,000 mentorship sessions. 

The Biban Forum is one of the largest entrepreneurial platforms in the Kingdom, focused on empowering entrepreneurs, supporting SMEs, and enhancing national economic competitiveness.