Biban24 Forum Concludes in Riyadh, Declares SAR35.4 Billion in Agreements, Initiatives.

Riyadh: The Biban24 forum was concluded in Riyadh, Saudi Arabia, and culminated in signing agreements and launching initiatives valued at over SAR35.4 billion. According to Qatar News Agency, the forum was organized by the Saudi Small and Medium Enterprises General Authority (Monsha'at) and drew the participation of over 1,350 startups from 72 countries around the globe. It honored 12 startups from the Real Estate Innovation Accelerator and launched a virtual lab to support entrepreneurs. Monsha'at Governor Sami bin Ibrahim Al Husseini stated that the forum had achieved success in its current edition, where landmark agreements were signed alongside a series of initiatives to support entrepreneurship in Saudi Arabia. The event showcased opportunities and activities to support the advancement of Saudi small and medium enterprises and entrepreneurship. Sessions addressed topics such as combining heritage into innovation to advance the hospitality experience, building future destinations, integrating cultural heritage in strategic development, sustainable development, and conserving the environment amid climate changes.