Saudi Entrepreneurship World Cup contenders fight for $1m prize

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Updated 07 September 2020

Saudi Entrepreneurship World Cup contenders fight for $1m prize

  • The event will stage panel discussions on entrepreneurship

JEDDAH: Up-and-coming Saudi entrepreneurs will pitch their startups at the second Entrepreneurship World Cup (EWC) KSA national finals.

The winning startup will win a cash prize of $1 million, part of Mohammed bin Salman Foundation (Misk) efforts to support entrepreneurs nationally and globally while they face the challenges of the pandemic.
The EWC is the largest and most diverse global startup pitch competition and provides tools and resources to help entrepreneurs at the idea-stage, early-stage, growth-stage and beyond.

HIGHLIGHT

Panelists will include Misk Foundation CEO, Badr Al-Badr; CEO of Global Entrepreneurship Network Saudi, Amal Dokhan; Careem co-founder, Abdulla Elyas; Saudi Venture Capital Co. CEO, Dr. Nabeel Koshak; and founder of Yatooq (a startup focused on Arabic coffee), Lateefa Al-Waalan.

It is supporting young entrepreneurs in developing their ideas and honing their pitching skills to engage with a global network of mentors through a virtual accelerator program.
Due to the pandemic, this year’s final event, “Overcoming challenges,” presented by the Misk Global Forum and hosted by the Global Entrepreneurship Network and Global Education and Leadership Foundation, will be hosted virtually on Monday when the winning startup will be announced.
The event will stage panel discussions on entrepreneurship, which is seen as an accelerator and contributor to the economy, as well as creating employment, improving standards of living and driving change through innovation.


Arab coalition destroys Houthi drone targeting Saudi Arabia

Updated 24 October 2020

Arab coalition destroys Houthi drone targeting Saudi Arabia

RIYADH: The Arab coalition intercepted and destroyed a drone launched by the Houthis toward Saudi Arabia's southern region on Saturday. 

The armed drone which targeted civilians was destroyed on Saturday afternoon, coalition spokesman Col. Turki Al-Maliki said. 

The Organization of Islamic Cooperation (OIC) condemned the attempted attack and reiterated that it stands with the Kingdom in maintaining its stability and security.