BIBAN-GLOBAL
12.3.2023 10:56:35 CET | Business Wire | Press release
Today, the Small and Medium Enterprises General Authority of the Kingdom of Saudi Arabia (Monsha'at) has underlined its commitment to advancing entrepreneurship in the Kingdom. In line with Vision 2030, Monsha’at has signed a range of agreements with a selection of leading regional and global entities.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230312005012/en/
Biban 2023 features over 350 inspiring speakers from around the world (Photo: AETOSWire)
Contributing to the growth and development of the national economy, the partnerships were launched today — the third day of Biban 2023 — at the Riyadh Front Exhibition & Conference Center.
As part of its mission to empower the Kingdom’s thriving community of entrepreneurs and enhance the Saudi SME ecosystem, Monsha’at signed a Memorandum of Understanding (MoU) with Zoho Software Trading Company Limited (ZOHO). In addition, it signed an MoU with Neoleap: the global digital solutions company, and GoDaddy, the leading domain registrar.
The MoUs will be focused on leveraging the respective partnerships’ resources, expertise and networks to provide state-of-the-art financing solutions and electronic payments to the Kingdom’s retail and online stores. The agreements are fully geared towards accelerating the digital transformation of retail and e-commerce in the country, powering the future of Saudi SMEs in the modern retail space.
One of the major highlights of the day was a $2.8 billion funding sum delivered by SME Bank across its programs over 3 years.
These partnerships mark the latest arrangements announced at Biban 2023: Saudi Arabia’s flagship startup and SME forum.
Bringing regional as well as international entrepreneurs, SME owners, investors, and policymakers together, Biban provides over 105,000 participants a productive environment to network, collaborate and pioneer solutions to global business challenges. This year’s event is being held under the theme “Attract-Connect-Achieve”.
In addition to the announcement of Monsha’at’s MoUs, Day 3 of Biban 2023 also provided the backdrop for the launch of wide-ranging initiatives focused on bolstering the Kingdom’s SME community.
Offering access to all-important tools and insights, PricewaterhouseCoopers (PwC) — the leading professional services network — is providing 500 free hours of consulting to local SMEs and entrepreneurs, in addition to training workshops targeting women entrepreneurs and social entrepreneurs.
The Global Finals of the Entrepreneurship World Cup (EWC) also continued during Biban’s third day, with some of the world’s most innovative startups competing for up to $1 million in cash prizes.
*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/20230312005012/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
Vena To Acquire Acterys, Creating a New Category of Enterprise Performance Management: Orchestrated Planning3.2.2026 17:00:00 CET | Press release
The acquisition unites finance foresight and IT innovation in the first Microsoft-native Orchestrated Planning environment, helping enterprises plan better and achieve more by turning strategy into aligned execution in real time. Vena, the only complete FP&A platform powered by agentic AI and purpose-built to amplify the Microsoft technology ecosystem, today announced it has entered into a definitive agreement to acquire Managility Pty Ltd, operating as Acterys (“Acterys”), the industry’s leading Power BI–based operational planning and app development platform, subject to customary closing conditions and regulatory approval. This acquisition unlocks a category-defining way for enterprises to combine planning, analytics, and application development within the Microsoft tools they already trust to run their business. By combining Vena’s Excel-native financial planning and analysis (FP&A) capabilities with Acterys’ proprietary Power BI write-back engine and unified analytics within Micros
Volante Technologies named a Leader in Gartner® Magic Quadrant™ for Banking Payment Hub Platforms3.2.2026 16:15:00 CET | Press release
Volante believes its solutions provide complete always-on payment processing support for banks and financial institutions across all tiers Volante Technologies, the global leader in Payments as a Service (PaaS), today announced its recognition as a Leader in the 2026 Gartner® Magic Quadrant™ for Banking Payment Hub Platforms, which evaluates vendors based on Ability to Execute and Completeness of Vision. In Volante’s view, Gartner positioned them as a Leader based on their capacity to support enterprise-scale payment processing in banks and financial institutions across multiple regions, deployment models, and operational environments. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260203149834/en/ This graphic was published by Gartner, Inc. as part of a larger research document and should be evaluated in the context of the entire document. As the highest positioned provider in Ability to Execute, Volante believes its AI-pow
Toptal Ranked #1 Most Reliable Professional Services Company in America by Newsweek3.2.2026 16:00:00 CET | Press release
Toptal, the world’s largest fully remote workforce, has been ranked the #1 most reliable professional services company in America on the America’s Most Reliable Companies 2026 list by Newsweek and Statista. The list ranks top US companies based on trust, dependability, and consistent performance in their industry. In Newsweek’s ranking of 300 companies across all industries, Toptal took 10th place, right behind Bank of America and Oracle, which tied for 9th. As the most reliable professional services organization in America, Toptal, which ranked 11th in absolute rankings across all companies, placed well ahead of companies like Accenture (33), Deloitte (39), and Cognizant (66). The America’s Most Reliable Companies 2026 ranking is based on an independent survey of more than 80,000 evaluations submitted by 2,400 business decision-makers at America’s largest companies, including Apple, Dropbox, Johnson & Johnson, and UPS, making this recognition an especially meaningful indicator of prod
HTEC Research Reveals the Real AI Scaling Challenge: It’s Not the Technology3.2.2026 15:46:00 CET | Press release
Global executive survey finds AI momentum is real—but leadership alignment, capability gaps, and ROI clarity are slowing enterprise impact AI has moved from ambition to action. Every organization is deploying it. Yet for most enterprises, the real challenge is only just beginning. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260203951136/en/ HTEC, a global AI‑first provider of software and hardware design and engineering services, released Executive Summary: A Cross‑Industry View of the State of AI in 2025, a global research report capturing how senior executives are navigating the next phase of AI transformation—and why scaling value remains elusive. Today, HTEC, a global AI‑first provider of software and hardware design and engineering services, released Executive Summary: A Cross‑Industry View of the State of AI in 2025, a global research report that captures how senior executives are navigating the next phase of AI tra
Yubico Reveals 265% ROI and 99.99% Reduction in Risk of Exposure to Addressable Breach Risk Costs According to Total Economic Impact Study3.2.2026 15:00:00 CET | Press release
Effectiveness of Yubico’s technology: $5.3 million Net Present Value and $7.3 million in total benefits over three years, driven by 80% faster authentication and reduced help desk burden Yubico (NASDAQ STOCKHOLM: YUBICO), a modern cybersecurity company and creator of the most secure passkeys, today announced the results of a commissioned Total Economic Impact™ (TEI) of Yubico YubiKeys study conducted by Forrester Consulting. The study, comprised of interviews with global enterprises with over 5,000 employees, found that a composite organization based on interviewed customers achieved a 265% return on investment (ROI) and a net present value (NPV) of $5.3 million over three years by replacing traditional multi-factor authentication (MFA) and one-time passwords (OTPs) with phishing-resistant YubiKeys. In an era of high-quality deepfakes and generative AI-driven extortion, the study shows a critical shift in cybersecurity: traditional MFA is no longer sufficient to stop modern MFA-bypass
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