Monsha’at Signs MoU with Microsoft Arabia to Drive Tech Innovation

The Biban24 Forum, organized by Monsha’at under the theme “A Global Destination for Opportunities,” runs from November 5 to 9 in Riyadh. SPA
The Biban24 Forum, organized by Monsha’at under the theme “A Global Destination for Opportunities,” runs from November 5 to 9 in Riyadh. SPA
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Monsha’at Signs MoU with Microsoft Arabia to Drive Tech Innovation

The Biban24 Forum, organized by Monsha’at under the theme “A Global Destination for Opportunities,” runs from November 5 to 9 in Riyadh. SPA
The Biban24 Forum, organized by Monsha’at under the theme “A Global Destination for Opportunities,” runs from November 5 to 9 in Riyadh. SPA

The Small and Medium Enterprises General Authority (Monsha’at) has signed a memorandum of understanding (MoU) with Microsoft Arabia at the Biban24 Forum.
The MoU was signed by Monsha’at Deputy Governor for Planning and Development Suliman bin Abdulrahman Alturaif and Microsoft Arabia vice president Zainab Alamin.
The agreement aims to strengthen collaboration to support technology startups and exceptional entrepreneurs by providing them access to support, technology, and resources through Microsoft’s Founders Hub program. It also includes information sharing to align objectives and explore capabilities to achieve goals in accordance with Saudi regulations and policies.
The Biban24 Forum, organized by Monsha’at under the theme “A Global Destination for Opportunities,” runs from November 5 to 9 in Riyadh. The event seeks to foster the growth and competitiveness of entrepreneurial projects and promote an entrepreneurial culture, contributing to Vision 2030's goal of increasing SMEs' contribution to the national economy.



Saudi Arabia’s Monsha’at Partners with X to Support Digital Transformation

General Authority for Small and Medium Enterprises (Monsha’at) logo
General Authority for Small and Medium Enterprises (Monsha’at) logo
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Saudi Arabia’s Monsha’at Partners with X to Support Digital Transformation

General Authority for Small and Medium Enterprises (Monsha’at) logo
General Authority for Small and Medium Enterprises (Monsha’at) logo

Saudi Arabia’s General Authority for Small and Medium Enterprises (Monsha’at) collaborated with X Development company during the Biban 24 forum to provide specialized training programs and innovative digital transformation solutions.
Representatives from Monsha’at and X signed the agreement, underscoring their commitment to advancing the digital business environment and empowering Small and Medium Enterprises (SMEs) to achieve their objectives under Vision 2030.
Through this partnership, Monsha’at aims to equip entrepreneurs and SMEs with essential digital skills and knowledge to enhance their market competitiveness and adapt to rapid changes in the business landscape.
The agreement facilitates SME access to cutting-edge technology solutions, boosting their ability to stay competitive and preparing them to meet evolving business challenges. It also establishes an innovative entrepreneurial ecosystem that supports digital transformation and offers comprehensive training opportunities for entrepreneurs. These programs combine practical training with technical support, promoting sustainable growth for the SME sector.