عربي English Türkçe اردو فارسى
Logo
Latest News
Business

Saudi Monshaat to Hold Growth Week from August 27 to 31

Monshaat will hold the Growth Week between August 27 and 31.
Monshaat will hold the Growth Week between August 27 and 31.
TT
TT

Saudi Monshaat to Hold Growth Week from August 27 to 31

Monshaat will hold the Growth Week between August 27 and 31.
Monshaat will hold the Growth Week between August 27 and 31.

The Small and Medium Enterprises General Authority (Monshaat) is set to hold the Growth Week between August 27 and 31.

The event is part of a series of business weeks. It will be organized in cooperation with a number of government agencies and sectors concerned with the growth of enterprises. Among them is the US-based Silicon Valley Innovation Center, which carries out the Business Acceleration Program in partnership with Monshaat Tomouh (Aspiration) Program, whose goal is to support fast-growing enterprises in the Kingdom.

The Silicon Valley Program offers a range of consultations and workshops to fast-growing enterprises with the aim of developing their leadership skills and knowledge.

A group of experts specialized in the field of entrepreneurship is also scheduled to take part in the event to showcase the best international practices that drive the growth of enterprises and the challenges faced in the process.

During the Growth Week, a group of prominent local experts from support councils, including senior officials and CEOs, is scheduled to talk about the programs and initiatives that contribute to the growth of the entrepreneurial environment.

The Growth Week provides visitors and interested parties with the opportunity to learn about successful entrepreneurial experiences through specialized meetings with prominent entrepreneurs and join discussions about challenges in the field and means to address them effectively.

Most Viewed

 
 
Business

Saudi House at Davos: The Kingdom to Set a Global Standard for Defining Industrial Cities

Part of the first session of the Saudi House in Davos 2025 (X platform)
Part of the first session of the Saudi House in Davos 2025 (X platform)
TT
TT

Saudi House at Davos: The Kingdom to Set a Global Standard for Defining Industrial Cities

Part of the first session of the Saudi House in Davos 2025 (X platform)
Part of the first session of the Saudi House in Davos 2025 (X platform)

Participants in the first session of the Saudi House initiative at the annual World Economic Forum (WEF) in Davos, Switzerland, emphasized the importance of sustainable urban planning in addressing the challenges of global population growth. They highlighted Saudi Arabia’s ambition to set a global benchmark for defining industrial cities.
The Saudi House pavilion, organized by the Ministry of Economy and Planning, is held from January 20-24. Several government entities are participating, including the Ministry of Transport and Logistics Services, the Ministry of Communications and Information Technology, and the Ministry of Investment. The initiative will host a series of dialogue sessions addressing key trends in social and economic transformation both locally and globally.
In the opening session titled, “Transforming Industrial Cities into Smart Hubs,” Dr. Basma Al-Buhairan, Executive Director of the Fourth Industrial Revolution Center in Saudi Arabia, stressed the urgent need for sustainable and resilient urban planning to manage rapid global population growth.
She noted that Saudi Arabia is on the verge of redefining the concept of industrial cities, aiming to establish a new global standard, while also highlighting the Kingdom’s futuristic vision for industrial city development.
Similarly, Dhafer Al Amri, General Manager of Mega Projects and Real Estate at Mobily, underscored the pivotal role of integrating technology into infrastructure to drive industrial development. Venugopal Pai, Vice President of Global Accounts and Global 2000 at Nutanix, lauded Saudi Arabia’s rapid transformation, emphasizing the importance of collaboration between the government, private sector, and organizations in turning the Kingdom’s vision into reality.
On the sidelines of the forum’s first day, Saudi Minister of Economy and Planning, Faisal Al-Ibrahim, met with Kisun Chung, Vice Chairman and CEO of HD Hyundai. The discussion focused on industrial innovation, marine sustainability, and opportunities under Saudi Vision 2030.
Saudi Arabia’s participation at Davos is marked by a high-level delegation led by Prince Faisal bin Farhan Al Saud, Minister of Foreign Affairs, alongside several other ministers and officials. The delegation’s aim is to collaborate with the international community under the theme “Working Toward a Prosperous Future for the World.” Key goals include discussing innovative solutions to global challenges, sharing best practices to stimulate economic growth, and showcasing Saudi Arabia’s success stories across various fields.
Additionally, the delegation plans to emphasize the Kingdom’s role in fostering international dialogue through effective diplomacy aimed at building common ground. The team will also highlight Saudi Arabia’s practical, realistic, and equitable approach to achieving ambitious climate goals, as well as its contributions to advancing clean energy transitions that support sustainable development.
During its participation, Saudi Arabia will focus on promoting international dialogue, accelerating sustainable development transitions, driving transformative innovation, empowering human potential, and showcasing its leadership in achieving global prosperity.