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

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.


Qatar, Brookfield launch $20bn AI infrastructure venture 

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Qatar, Brookfield launch $20bn AI infrastructure venture 

JEDDAH: Qatar has partnered with Canada’s Brookfield to establish a $20 billion joint venture aimed at building advanced artificial intelligence infrastructure and positioning the Gulf state as a regional hub for next-generation computing. 

The venture, involving Qai — a subsidiary of Qatar Investment Authority — will invest in domestic and select international markets, the companies said in a statement. 

Under the partnership, the companies will provide capital and operational expertise to develop AI infrastructure in Qatar, including fully integrated AI facilities, supporting the country’s rapidly growing digital and AI ecosystem. 

Qatar has been steadily developing its AI ecosystem as part of its broader digital transformation and economic diversification strategy under the Qatar National Vision 2030. 

In February 2024, the country launched its Digital Agenda 2030 to position itself as a regional hub for AI and advanced digital technologies, creating an enabling environment for large-scale projects, research, and strategic investment. 

Mohammed Saif Al-Sowaidi, CEO of QIA, said: “QIA has been at the forefront of driving advancement though our AI investments. This joint venture is testament to QIA’s commitment to delivering both local and global impact.” 

He added: “Leveraging on the long-term partnership we have with Brookfield, this JV will advance Qatar’s National Vision 2030 and help build a diversified, innovation-based economy for future generations.” 

Among the plans is an Integrated Compute Center which will widen regional access to high-performance computing and support the rollout of trusted AI technologies across key sectors.

 Brookfield plans to invest through its recently launched Artificial Intelligence Infrastructure Fund, with the Qai partnership forming a key part of a broader global AI infrastructure program that aims to mobilize up to $100 billion worldwide. 

“We are thrilled to assist Qatar in establishing this investment in next generation AI and digital infrastructure alongside Qai. As our inaugural AI infrastructure investment in the Middle East, this partnership combines Qatar’s strategic vision with Brookfield’s global expertise in developing and operating large-scale, mission-critical infrastructure with global partners,” said Bruce Flatt, CEO of Brookfield. 

He added: “Together, we look forward to building an integrated AI ecosystem that will accelerate innovation, deepen regional capability, and support the responsible deployment of advanced AI technologies across the Middle East.” 

Abdulla Al-Misnad, chairman of Qai, said the partnership with Brookfield represents a key milestone in Qatar’s journey to develop world-class AI infrastructure and capabilities. 

“By leveraging Brookfield’s expertise in developing and managing critical infrastructure alongside Qais’ mission to deliver trusted AI solutions, we are creating a robust platform to drive responsible AI adoption,” he added. 

Al-Misnad further emphasized that the collaboration would attract investment and top-tier talent while reinforcing Qatar’s position as a trusted hub for advanced digital technologies regionally and globally.