Biban24 in Riyadh to Host Over 250 Speakers, Focus on Investment

The Biban24 forum, themed “Global Destination for Opportunities,” will take place in Riyadh from November 5 to 9, 2024, hosting over 250 speakers and more than 160,000 visitors. Organized by the Small and Medium Enterprises General Authority “Monsha’at,” the event brings together entrepreneurs, government entities, and international companies to discuss investment and entrepreneurship.

Context and Background

Biban24 is part of Saudi Arabia’s broader efforts to foster a thriving entrepreneurial ecosystem, aligning with Vision 2030’s goal to diversify the economy and empower small and medium enterprises (SMEs). The forum serves as a platform for sharing best practices and building a sustainable global system for investments, featuring policymakers, strategists, and economists from around the world.

Key Details

Speakers include Saudi leaders such as Prince Khaled bin Alwaleed bin Talal bin Abdulaziz, founder and CEO of KBW; Minister of Industry and Mineral Resources Bandar bin Ibrahim Alkhorayef; and Badr Al Badr, CEO of the Mohammed bin Salman Foundation “Misk.” International participants include Korean Minister of Small and Medium Enterprises and Startups Oh Youngju, Luis Figo (UEFA advisor and Dream Football co-founder), and Benjamin Langer of Seedstars. The event will feature dialogues and workshops to inspire entrepreneurs and showcase innovative solutions.

Implications and Impact

Biban24 is expected to strengthen Saudi Arabia’s position as a leading destination for entrepreneurship regionally and globally. By facilitating strategic partnerships, the forum aims to drive economic growth, promote innovation, and attract international investment, further integrating the Kingdom into the global entrepreneurial landscape.

Vision 2030 Alignment

Biban24 directly supports Vision 2030’s objectives by boosting the SME sector, which is critical for economic diversification and job creation. The forum’s focus on global partnerships and innovation underscores Saudi Arabia’s commitment to building a sustainable, knowledge-based economy and enhancing its role as a hub for entrepreneurship and investment.

20 Questions

Q1. What is Biban24?

A1. Biban24 is a forum themed “Global Destination for Opportunities,” hosted in Riyadh from November 5 to 9, 2024, organized by Monsha’at to discuss investment and entrepreneurship.

Q2. Who organizes Biban24?

A2. The forum is organized by the Small and Medium Enterprises General Authority “Monsha’at,” a Saudi government agency supporting SMEs.

Q3. How many speakers will attend Biban24?

A3. Biban24 will host over 250 speakers, including entrepreneurs, policymakers, and global experts.

Q4. How many visitors are expected at Biban24?

A4. The forum expects over 160,000 visitors, including entrepreneurs and business leaders.

Q5. What is the theme of Biban24?

A5. The theme is “Global Destination for Opportunities,” emphasizing investment and entrepreneurship.

Q6. What topics will Biban24 discuss?

A6. Key topics include investment, entrepreneurship, best practices for building a sustainable global system, and innovation.

Q7. Who are some top Saudi speakers at Biban24?

A7. Speakers include Prince Khaled bin Alwaleed, Minister Bandar Alkhorayef, and Misk CEO Badr Al Badr.

Q8. Who are some international speakers at Biban24?

A8. International speakers include Korean Minister Oh Youngju, Luis Figo, and Benjamin Langer of Seedstars.

Q9. What is the role of Monsha’at in Biban24?

A9. Monsha’at organizes the forum to support SMEs and align with Vision 2030 goals for economic diversification.

Q10. How does Biban24 support Vision 2030?

A10. It boosts the SME sector, promotes innovation, and fosters global partnerships to build a sustainable economy.

Q11. What types of sessions will Biban24 feature?

A11. The forum includes dialogues and workshops designed to inspire entrepreneurs and showcase innovative solutions in investment.

Q12. Why is Biban24 important for Saudi Arabia?

A12. It enhances the Kingdom’s position as a leading destination for entrepreneurship regionally and globally.

Q13. Will Biban24 facilitate networking?

A13. Yes, it provides opportunities for building strategic partnerships among entrepreneurs, investors, and government entities.

Q14. Is Biban24 open to international participants?

A14. Yes, it attracts global speakers, investors, and entrepreneurs to foster international collaboration.

Q15. What is the focus of Biban24’s workshops?

A15. Workshops focus on innovation, investment strategies, and best practices for entrepreneurs.

Q16. How does Biban24 promote economic growth?

A16. By facilitating partnerships and showcasing opportunities, it drives investments and job creation.

Q17. What is the significance of the theme “Global Destination for Opportunities?”

A17. It highlights Saudi Arabia’s role as a hub for global investment and entrepreneurial collaboration.

Q18. Who can benefit from attending Biban24?

A18. Entrepreneurs, investors, policymakers, and researchers can gain insights and build networks.

Q19. Is Biban24 part of a series of events?

A19. Yes, Biban is an annual forum that evolves to support Saudi Arabia’s entrepreneurial ecosystem.

Q20. How can I learn more about Biban24?

A20. Visit the official Monsha’at website or Saudi Press Agency for updates and registration details.

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