20 startups join elite Saudi business boost program

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Photo/MiskInnovation Twitter
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Photo/MiskInnovation Twitter
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Photo/MiskInnovation Twitter
Updated 14 October 2019

20 startups join elite Saudi business boost program

  • Misk 500 supports startups in cooperation with Silicon Valley’s best business accelerator, 500 Startups

RIYADH: Twenty young entrepreneurs have joined an elite Saudi enterprise program aimed at boosting their business startups.

The innovators selected from throughout the Kingdom and the Middle East and North Africa (MENA) region will take part in the three-month Misk 500 Accelerator Program.

The training project, organized by the Initiatives Center of the Prince Mohammed bin Salman bin Abdul Aziz Foundation (Misk) represented by Misk Innovation, was launched on Sept. 10, in Riyadh.

Hundreds of entrepreneurs applied to participate in the special training scheme designed to develop their ideas and help make their companies business success stories.

The selection process took place last July and the latest group will become the second wave of trainees after 19 startups joined the accelerator last May.

It includes a program supervised by one of the largest global corporations supporting entrepreneurship and startups through training sessions and workshops in fields including communications, sales, client meetings, data analysis, recruitment, financing, and products and system building.

Each successful applicant for the program will receive SR187,000 ($50,000).

During the training period, the program supports creative ideas to help improve job opportunities and give promising young talent the chance to integrate into local and global business networks.

Misk Innovation works to improve professional and skills training for youth, empowering them to acquire the necessary competences for the future and obtain top-quality international training in technology, innovation and entrepreneurship.

The ultimate aim is to help them launch business ventures that contribute to the development of their societies, countries and the world.

Misk 500 supports startups in cooperation with Silicon Valley’s best business accelerator, 500 Startups.


Saudi’s Qassim prepares over 200 mosques for Friday prayers

Updated 04 June 2020

Saudi’s Qassim prepares over 200 mosques for Friday prayers

  • Volunteers will help worshipers disperse between mosques
  • The first call to prayer will be announced 20 minutes earlier

DUBAI: Islamic authority in Qassim region have approved 205 mosques to perform Friday prayers according to new regulations, state news agency SPA reported.

The first call to prayer will be announced 20 minutes earlier, and khutbas – religious address delivered by the imam – to last at maximum for 15 minutes.

Also, volunteers will help worshipers disperse between mosques.

Mosques across the Kingdom, except for those in Makkah, have opened their doors to worshippers on Sunday, May 31, as coronavirus restrictions ease.

Last week, Saudi Arabia’s Minister of Islamic Affairs Sheikh Abdullatif Al-Sheikh called on Muslims to respect ongoing safety measures inside mosques, such as bringing their own prayer mats, wearing masks and washing hands prior to entering the vicinities.

Al-Asheikh said preventative measures will remain in place to ensure a safe return of worshipers to mosques for Friday prayers from May 31 until June 20.