BIBAN
14.3.2023 09:59:56 CET | Business Wire | Press release
Biban 2023 — Saudi Arabia’s flagship startup and SME forum — has brought leading entities from around the world together to sign a series of landmark agreements worth approximately $13.8 billion in support of the startup community.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230314005624/en/
Biban 2023 held its most international edition of the forum this year (Photo: AETOSWire)
Organized by the Small and Medium Enterprises General Authority of the Kingdom of Saudi Arabia (Monsha'at), the event has set a new benchmark for partnerships, with a diverse range of collaborations and initiatives being launched to empower entrepreneurs.
The fifth and final day of the forum brought more regional and global organizations together to usher in a new era of Saudi entrepreneurship — in line with Vision 2030 — powered by state-of-the-art programs, innovation and effective joint-working.
Notable highlights throughout the event included agreements made by the Saudi Development Bank to support entrepreneurs and SMEs with $6.4 billion, the Small & Medium Enterprises Bank to provide support estimated at $2.8 billion, and the Kafalah Program — with a $1.5 billion agreement with diverse entities.
Monsha’at also announced an MoU with Huawei Tech Investment Saudi Arabia Limited to enhance the digital transformation of the Kingdom’s SMEs, in addition to launching a partnership with Saudi Cloud Computing Company (SCCC) Alibaba Cloud. MoUs were also signed with the Ministry of Energy and Nine66 — a Savvy Games Group company.
Another major announcement at Biban 2023 arrived with the confirmation that local sellers in Saudi Arabia will gain access to Amazon’s global market in the US, Europe and Asia.
Creating an enabling environment for global leaders, experts, and industry professionals, Biban 2023 was a diverse showcase of entrepreneurial excellence.
Biban 2023 also hosted the final round of this year’s Entrepreneurship World Cup: a startup pitch competition and support program, co-hosted by the Global Entrepreneurship Network (GEN) and Monsha’at.
White Helmet, a Saudi-based company that provides a platform to manage and monitor construction operations remotely — from anywhere and at any time — was announced, on Day 4 of the Biban forum, as the winner of the EWC grand-prize: a US$300,000 share of the $1 million prize pot.
In 2nd place was NDR Medical from Singapore, receiving a US$20,000 prize, with the third place going to Hera Health from the US with a $150,000 prize.
*Source: AETOSWire
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230314005624/en/
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Venture Global Launches First Advertising Campaign: “Unstoppable Energy”23.3.2026 11:30:00 CET | Press release
New ad campaign narrated by Academy Award winner Billy Bob Thornton will air nationally in the U.S. Today, Venture Global, Inc. (NYSE: VG) is launching its first national advertising campaign – “Unstoppable Energy”. The seven-figure, year-long campaign includes national and local broadcast television spots, as well as out-of-home, print, and digital ad placements. The company is proud to have Academy-Award winner Billy Bob Thornton as the campaign voiceover. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260323692879/en/ “Venture Global is excited to unveil our very first national advertising campaign, featuring the accomplished Billy Bob Thornton as its voice,” said Venture Global CEO Mike Sabel. “The Unstoppable Energy campaign portrays the roll-up-your-sleeves tenacity and innovation that drives our company every day. We are proud to introduce the ethos and story of the Venture Global brand across the U.S. as we grow into
Venture Global and Vitol Announce New LNG Purchase Agreement23.3.2026 11:00:00 CET | Press release
Today, Venture Global, Inc. (NYSE: VG) and Vitol announced the execution of a new, binding agreement for the purchase of approximately 1.5 million tonnes per annum (MTPA) of U.S. liquefied natural gas (LNG) from Venture Global for five years commencing in 2026, to be supplied from Venture Global’s portfolio. “Global demand for flexible, reliable U.S. LNG is rapidly growing, and Venture Global is proud to work with premier LNG trading companies like Vitol to provide this critical supply to the market,” said Venture Global CEO Mike Sabel. “Thanks to our innovative model, we have the ability to provide our customers with short, medium, and long-term LNG supply, and this agreement is another important step in diversifying the tenor of our LNG portfolio.” “Vitol is delighted to be working with Venture Global, a leading producer and supplier of LNG to world markets,” said Pablo Galante Escobar, Global Head of LNG at Vitol. “LNG is important to many economies worldwide. Through this transacti
RSA Launches ID Plus Sovereign Deployment: The Next Level of High Assurance Identity Security23.3.2026 11:00:00 CET | Press release
New “Deploy Anywhere” Solution Sets Industry Standard for Security, Availability, and Compliance Across Critical Sectors Today at RSAC Conference 2026, RSA, the security-first identity leader, announced the launch of RSA® ID Plus Sovereign Deployment, a groundbreaking evolution in high assurance identity solutions designed to meet the needs of organizations that must maintain constant availability, meet policy and data sovereignty laws, and defend themselves from advanced, persistent threats. RSA ID Plus Sovereign Deployment is the next evolution in RSA® ID Plus, the market’s most secure identity and access management (IAM) security platform featuring complete multi-factor authentication (MFA), SSO, and access capabilities. RSA ID Plus Sovereign Deployment features a new “deploy anywhere” capability that allows government agencies, financial services, critical infrastructure, and healthcare organizations to modernize their identity infrastructure while still maintaining the highest sta
Klarna Expands Its Partnership With H&M in Romania and Hungary23.3.2026 10:46:00 CET | Press release
Today Klarna announces that H&M customers can now choose flexible Klarna payment options at checkout. The expansion comes amid Klarna's rapid growth in Romania, where the global digital bank and flexible payments provider has surpassed 500,000 active users. Klarna, a global digital bank and provider of flexible payment solutions, and H&M, one of the world's largest fashion retailers, announce the expansion of their partnership in Romania and Hungary as a strategic step that strengthens the long-standing global collaboration between the two companies. Klarna is now available as a payment method for H&M customers in both markets, offering a smooth, more predictable checkout experience and payment options tailored to the different needs of shoppers. The integration of Klarna into H&M online stores is an important feature for customers, who will thus be able to access interest-free flexible payment options. More flexibility at checkout By integrating Klarna into the payment process, H&M cu
Recyclable Packaging and Responsible Water Management: Barilla’s Commitment to a More Sustainable Future23.3.2026 10:30:00 CET | Press release
99.8% of the packaging sold is designed to be recyclable.Over 50% of the materials used in Barilla Group’s packaging are recycled, and 71% are paper-based.+45% water recycled and reused in 2024 compared to 2022, and +164% in water-stressed areas. With 99.8% of the packaging designed to be recyclable and a 45% increase in water recycled and reused in 2024 compared to 2022, Barilla continues to strengthen its commitment to the responsible management of resources. The company is reaffirming this commitment on the occasion of Global Recycling Day (March 18) and World Water Day (March 22), two moments that highlight the importance of increasingly sustainable production models – from efficient water management to the design of more circular packaging solutions. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260320294356/en/ Barilla Group's Rubbiano Plant (PR) WATER AS A STRATEGIC RESOURCE TO PROTECT A fundamental resource for past
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom