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Global startups connect with Saudi vision at Biban Forum 2025 

Special Global startups connect with Saudi vision at Biban Forum 2025 
Since its inception in 2017, Biban has grown into the Middle East’s largest entrepreneurship forum. AN/Jafa Al-Saleh
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Global startups connect with Saudi vision at Biban Forum 2025 

Global startups connect with Saudi vision at Biban Forum 2025 

RIYADH: Biban Forum 2025 has once again cemented º£½ÇÖ±²¥â€™s role as a global hub for entrepreneurship and innovation, gathering startups, investors, and business leaders from around the world under one roof at Riyadh Front Exhibition and Conference Center. 

Organized by the Small and Medium Enterprises General Authority, known as Monsha’at, under the theme “A Global Destination for Opportunities,†the event aimed to empower entrepreneurs and strengthen the Kingdom’s position as a destination for business and investment in line with Vision 2030. 

Since its inception in 2017, Biban has grown into the Middle East’s largest entrepreneurship forum. 

The 2025 edition featured representatives from more than 150 countries and over 200 speakers from around the world, alongside thousands of local and international exhibitors. 

The forum’s diverse “doors,†or thematic sections, covered every stage of the entrepreneurial journey — from funding and e-commerce to franchising and global expansion — creating a platform for collaboration and growth across industries and borders. 




Biban 2025 underscores the growing confidence in º£½ÇÖ±²¥â€™s entrepreneurial landscape. AN/Jafa Al-Saleh

Among the international participants was South Korea’s technology giant Naver, part of a Korean delegation of startups supported by the Korea Institute of Startup and Entrepreneurship Development. 

Interpreter Jeongmin Han, representing the group, said it was his first time in º£½ÇÖ±²¥ and emphasized the potential for cooperation between the two countries. 

“I think it’s very important for Korean companies to have a base here,†he said. “º£½ÇÖ±²¥ offers a great opportunity and serves as a bridge for expanding business across the Middle East. It’s the best place to start.â€Â 

Also participating was Ager Point, a US technology company specializing in artificial intelligence and data solutions for the agriculture and natural asset markets. 

CEO Kevin Lang described the experience as “an exciting time to be in º£½ÇÖ±²¥.†He said: “We think it’s really important to be at Biban. It’s our first time in the Kingdom, and it’s such an exciting moment to contribute to Vision 2030 goals — especially around food security and the management of critical resources like water.â€Â 

Lang added that the forum’s collaborative atmosphere provided valuable opportunities to meet entrepreneurs, government representatives, and investors eager to implement technology-driven solutions. 

“If we can find proof-of-concept or pilot projects that allow us to showcase what we can do,†he said, “we can evolve our technology alongside the challenges being addressed here in º£½ÇÖ±²¥ and across the Arabian Peninsula.â€Â 




The forum connects local innovators with global investors. AN/Jafa Al-Saleh

Local talent was equally prominent at the forum. Saudi entrepreneur Hadi Al-Yami, founder of The Bees Basket, showcased his startup dedicated to honey and hive-based products. 

“We are a new company in º£½ÇÖ±²¥ working to prove ourselves and expand,†he said. “We produce high-quality honey and participate in international competitions, and now we want to grow into the medical and tourism sectors.â€Â 

Al-Yami praised Biban for providing a platform for emerging Saudi entrepreneurs to network and gain visibility, encouraging others to take part in future editions. 

Biban has become a cornerstone of º£½ÇÖ±²¥â€™s strategy to diversify its economy and nurture a vibrant SME ecosystem. 

The forum not only connects local innovators with global investors but also reinforces the Kingdom’s image as a destination where ideas can evolve into sustainable enterprises. 

By attracting participants from every continent, Biban 2025 underscores the growing confidence in º£½ÇÖ±²¥â€™s entrepreneurial landscape and its alignment with Vision 2030’s goal of positioning the Kingdom as a global hub for innovation and opportunity.


Saudi POS transactions surge above $4bn in late October, up 37%

Saudi POS transactions surge above $4bn in late October, up 37%
Updated 07 November 2025

Saudi POS transactions surge above $4bn in late October, up 37%

Saudi POS transactions surge above $4bn in late October, up 37%

RIYADH: º£½ÇÖ±²¥â€™s total point-of-sale transactions rose to SR16.02 billion ($4.27 billion) in the week ending Nov. 1, maintaining momentum above the $3 billion mark for a fourth consecutive week, official data showed.  

According to data from the Saudi Central Bank, also known as SAMA, the value of transactions jumped 37.1 percent from the previous week, while the total number of payments increased 19.6 percent to 254.4 million, compared to 212.7 million in the prior period. 

Spending rose across nearly all sectors, led by freight transport and courier services, which saw the largest gain at 90.3 percent to SR64 million. Outlays on education followed, surging 82.4 percent to SR189.44 million. 

Airline spending climbed 9.4 percent to SR63.32 million, while auto and equipment rentals advanced 41.4 percent to SR90.2 million.  

Expenditure in restaurants and cafes grew 26.4 percent to SR1.84 billion, and food and beverages spending increased 48.9 percent to SR2.66 billion — the week’s largest category. Clothing and apparel came next, up 60.3 percent to SR1.37 billion. 

Purchases of books and stationery dipped slightly by 0.4 percent to 1.48 million transactions, while construction and building materials rose 19.7 percent to 2.58 million transactions. 

In regional terms, Riyadh accounted for the largest share of national spending, climbing 27.6 percent to SR5.46 billion.

Jeddah followed with SR2.05 billion, up 27.2 percent, while Dammam recorded a 29.8 percent increase to SR766.56 million. Makkah and Madinah also posted strong gains, up 35.9 percent and 36.9 percent, respectively. 

Weekly POS data, tracked by SAMA, provides a key indicator of consumer confidence and the ongoing shift toward digital payments across º£½ÇÖ±²¥.  

The central bank noted that POS infrastructure continues to expand beyond major retail hubs to smaller cities and service sectors, strengthening financial inclusion and supporting broader Vision 2030 goals for a cashless economy.