Lulu’s ‘Australia Week’ showcases growing bilateral trade

The event was inaugurated at Lulu’s Diplomatic Quarter branch in Riyadh by Australian Ambassador to Saudi Arabia Mark Donovan, in the presence of Shehim Mohammed.
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Updated 13 May 2025
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Lulu’s ‘Australia Week’ showcases growing bilateral trade

Lulu Retail has officially launched “Australia Week 2025” across all its stores in Saudi Arabia, celebrating the strong partnership between Saudi Arabia and Australia in food security and trade. 

The event was inaugurated at Lulu’s Diplomatic Quarter branch in Riyadh by Australian Ambassador to Saudi Arabia Mark Donovan, in the presence of Shehim Mohammed, director of LuLu Hypermarkets Saudi Arabia, senior officials from the Australian Embassy, and top executives from Lulu.

Running until May 17, Australia Week 2025 showcases more than 960 high-quality Australian products from 129 leading brands. Shoppers can explore a curated selection of premium meats, fresh fruit and vegetables, dairy, frozen items, canned goods, and health-oriented foods. This week-long event highlights Australia’s reputation for clean, green, and sustainable food production.

The initiative coincides with Australia’s participation in the Saudi Food Show and the in-store promotions are designed to complement Australia’s broader market engagement and deepen trade links with Middle Eastern markets.
“In Australia, we value our close relationship with Saudi Arabia,” Donovan said. 

Australia Week is a great opportunity to introduce our premium products to Saudi consumers. Lulu Retail is a strategic partner in this effort, and we are proud to present this diverse selection of Australian products to their customers.”

Mohammed added: “At Lulu, we are committed to offering a rich and diverse shopping experience to customers in Saudi Arabia. Australia Week is part of that commitment. Through our partnership with Australia, we are able to provide a selection of high-quality products that align with Saudi tastes and nutritional needs. We are excited to share these exceptional items with our customers.”

Bryony Hilless, Australian consul general to Dubai and Austrade general manager for the Middle East, said: “As the Middle East’s population grows and consumers increasingly demand high-quality and reliable food and beverages, Australia has become a secure and trusted exporter to the region. 

We’re proud to partner with Lulu Hypermarkets to showcase much-loved Australian products in-store and to support Australian producers to connect and grow export partnerships in the region.”

Austrade Trade and Investment Commissioner Todd Miller highlighted the strategic opportunity of engaging with the Saudi market, saying: “Australian producers are known the world over for high-quality products produced in sustainable and ethical ways. With Saudi Arabia’s Vision 2030 transforming the Kingdom’s food and beverage landscape, there are unparalleled opportunities for Australian exporters to provide the innovative, premium products the dynamic food market needs.”


25,000 attend Social Development Bank’s DeveGO25 forum

Updated 27 December 2025
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25,000 attend Social Development Bank’s DeveGO25 forum

The Social Development Bank concluded the second edition of the Entrepreneurship and Modern Business Practices Forum — DeveGo 2025 — announcing the achievement of high-impact outcomes that further reinforced the forum’s position as the largest national platform in the region dedicated to entrepreneurship, innovation, and freelance work in Saudi Arabia and beyond. 

The forum witnessed broad participation from local and international experts, investors, entrepreneurs, and representatives of local, regional, and international institutions.

Over three days at the King Abdulaziz International Conference Center, the forum drew 25,000 participants and visitors, who benefited from over 45 specialized workshops and over 2500 advisory sessions delivered by more than 70 consultants and experts. 

The sessions covered key areas including entrepreneurial planning, business models, venture capital, digital platforms, freelancing, and emerging technologies. 

The forum also featured 20 panel discussions with leading local and international speakers, addressing major global trends in entrepreneurship, including the future of artificial intelligence, the creative economy, digital transformation, and venture investment. 

The forum saw the launch of the Saudi Empretec Fellowship, in the presence of Rebeca Grynspan, secretary-general of the UN Conference on Trade and Development. 

The partners in success within the Social Responsibility Portfolio supporting entrepreneurs were honored. 

It also saw the honoring of 13 winners of the Handicrafts Competition, representing various regions of the Kingdom, the announcement of winners of the Salam Award for Promising Projects, and the recognition of leading entrepreneurial projects fund under the Enterprises Track. 

In addition, the NEXT UP Challenge concluded on the third day of the forum with 20 startups presenting their projects to more than 500 investors, enhancing opportunities for networking and partnership building.

As part of efforts to strengthen the support ecosystem, the forum witnessed the signing of 51 agreements, along with the launch of a suite of new financing products. These included the Capital Expansion Product with a ceiling of up to SR10 million, the Payroll Product with a ceiling of SR2 million, and the Rental Product with a ceiling of SR1.5 million, aimed at supporting enterprises in asset development and covering operational costs. 

This reflects the bank’s direction toward offering more specialized financing tools that respond effectively to market needs.

The forum concluded by reaffirming its role as a unifying national platform for entrepreneurship, where accompanying activities and events provided direct engagement opportunities between entrepreneurs, investors, and experts. 

The forum also highlighted success stories and practical experiences that reflect the scale of entrepreneurial momentum in the Kingdom and the growing role of the Social Development Bank in supporting a national economy driven by innovation and knowledge.