Saudi Arabia to host 100 startups in Entrepreneurship World Cup finals

Saudi Arabia to host 100 startups in Entrepreneurship World Cup finals
The EWC is recognized as the largest global competition for entrepreneurs. File/Monsha’at
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Updated 23 October 2025
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Saudi Arabia to host 100 startups in Entrepreneurship World Cup finals

Saudi Arabia to host 100 startups in Entrepreneurship World Cup finals

RIYADH: Some 100 startups from 46 countries have officially qualified for the finals of the Entrepreneurship World Cup 2025, set to be held in the Saudi capital as a centerpiece of the Biban 2025 forum.

Scheduled for Nov. 5-8 at the Riyadh Front Exhibition and Conference Centre, the EWC finals are organized by the Small and Medium Enterprises General Authority under the theme “A Global Destination for Opportunity.”

Hosting the finals of the EWC as part of Biban 2025 underscores Saudi Arabia’s role in supporting global innovation and entrepreneurship, according to the Saudi Press Agency.

It reflects the Kingdom’s advanced position in attracting international startups, investments, and pioneering ideas, aligning with the economic diversification and sustainability goals outlined in its Vision 2030 blueprint.

The EWC is recognized as the largest global competition for entrepreneurs. This year’s edition is being held by Monsha’at in collaboration with the Global Entrepreneurship Network and the Misk Foundation. 

Participants will compete for a share of a prize pool exceeding $1.5 million in an event that gathers a global elite of entrepreneurs, investors, and experts, highlighting the Kingdom’s growing stature as a global hub for entrepreneurship and innovation, SPA reported.

The competition attracted an overwhelming response during its registration phase, with over 10,300 applications received from more than 169 countries. 

The submitted projects underwent multiple rigorous evaluation and judging processes starting last May. From this pool, 250 projects advanced to a virtual training camp, held in partnership with Spain's Esade Ramon Llull University, where the top 100 finalists were ultimately selected to compete for the title.

Among the countries with the strongest representation in the finals are Saudi Arabia, the US, and the UK.

The qualifying startups span a wide array of vital and forward-looking sectors, including communications, health, and space.

The EWC plays a crucial role in empowering entrepreneurs worldwide by providing a platform to present their ideas directly to investors and venture capital funds. 

Finalists also benefit from specialized training, mentorship, and networking programs designed to enhance their competitive edge and help transform their ideas into scalable projects with global potential.


Saudi Arabia, Canada explore ways to enhance cooperation in technology, innovation 

Saudi Arabia, Canada explore ways to enhance cooperation in technology, innovation 
Updated 04 November 2025
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Saudi Arabia, Canada explore ways to enhance cooperation in technology, innovation 

Saudi Arabia, Canada explore ways to enhance cooperation in technology, innovation 

RIYADH: Saudi Arabia’s technology and innovation partnership with Canada is set to receive a boost after senior ministers met to explore new avenues of cooperation and strengthen trade ties. 

Saudi Minister of Investment Khalid Al-Falih said in a post on X that he met with Canada’s Minister of Artificial Intelligence and Digital Innovation Evan Solomon to discuss ways to strengthen relations between the countries and to build partnerships that contribute to mutual economic growth, particularly in priority investment sectors. 

This comes as trade between the two nations continues to expand. In February, Saudi Arabia exported SR641 million ($170 million) to Canada, marking an 86.6 percent increase from SR344 million in February 2024, according to data from the Observatory of Economic Complexity.

It also follows an agreement in January 2024 for both countries to re-exchange trade delegations to enhance economic relations and boost trade and investment flows. 

In a subsequent post on X, Al-Falih stated: “The dialogue took place between me and Anita Anand, the Canadian Minister of Foreign Affairs, in the presence of the Saudi ambassador to Canada, Amal Yahya Al-Moallimi.” 

He added: “We discussed supporting and strengthening relations between our two countries, and facilitating investment exchange, in order to achieve more fruitful cooperation in the most important sectors, which will bring success to both peoples.” 

Artificial intelligence has become a central pillar of Saudi Arabia’s post-oil economic strategy, with the Kingdom leveraging advanced technologies to drive data-led industries and automation. 

Now at the halfway point of Vision 2030, the country is accelerating efforts to position itself as a global technology leader, balancing innovation with sustainability goals. 
Key initiatives — including the Project Transcendence program, valued at around $100 billion — aim to further establish Saudi Arabia as a global hub for AI innovation. 

Over the past five years, Saudi Arabia has made significant progress toward establishing itself as a regional artificial-intelligence hub. PwC projects that AI could contribute about $235 billion — or 12.4 percent — to the Kingdom’s gross domestic product by 2030.