Biban Forum 2025 concludes with over $10bn in agreements 

The forum attracted more than 100,000 visitors and generated agreements exceeding SR38 billion ($10 billion). SPA
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Updated 09 November 2025
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Biban Forum 2025 concludes with over $10bn in agreements 

RIYADH: The Small and Medium Enterprises General Authority, or Monsha’at, concluded the Biban Forum 2025, held over four days under the theme “Global Destination for Opportunities.” 

The forum attracted more than 100,000 visitors and generated agreements exceeding SR38 billion ($10 billion). 

On the first day, 21 agreements and memoranda of understanding were signed, launching initiatives worth over SR22.3 billion to support entrepreneurship. The second day featured 22 additional agreements and five initiatives aimed at empowering small and medium enterprises. 

The third day included 11 agreements, with launches exceeding SR7.6 billion to finance entrepreneurial projects, while the final day saw four cooperation agreements and initiatives valued at nearly SR8.1 billion.  

Monsha’at also honored the top five entrepreneurial universities in the Kingdom, along with winners of the event competitions and key financing entities for 2024.

The forum included agreements with organizations from Japan, Korea, Thailand, Singapore, India, Sweden, and France, aimed at fostering international cooperation and investment. 

More than 200 local and international speakers participated in discussions on artificial intelligence, sustainability, and finance, with attendees engaging in over 80 workshops, 2,150 consultations, and 1,000 mentorship sessions. 

The Biban Forum is one of the largest entrepreneurial platforms in the Kingdom, focused on empowering entrepreneurs, supporting SMEs, and enhancing national economic competitiveness.  

Since its inception, the forum has served as a key meeting point for entrepreneurs, investors, decision-makers, and enabling entities, featuring programs that address all aspects of the entrepreneurial journey, from establishment to growth. 


Closing Bell: Saudi main index closes in red at 10,847

Updated 25 February 2026
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Closing Bell: Saudi main index closes in red at 10,847

RIYADH: Saudi Arabia’s Tadawul All Share Index dipped on Wednesday, losing 58.51 points, or 0.54 percent, to close at 10,847.93.

The total trading turnover of the benchmark index was SR3.78 billion ($1 billion), as 73 of the listed stocks advanced, while 187 retreated.

The MSCI Tadawul Index decreased, down 7.09 points or 0.48 percent, to close at 1,472.98.

The Kingdom’s parallel market Nomu lost 178.75 points, or 0.77 percent, to close at 22,916.83. This comes as 30 of the listed stocks advanced, while 37 retreated.

The best-performing stock was the Power and Water Utility Co. for Jubail and Yanbu, with its share price surging by 8.47 percent to SR31.24.

Other top performers included Saudi Paper Manufacturing Co., which saw its share price rise by 6.13 percent to SR53.70, and Jamjoom Pharmaceuticals Factory Co., which saw a 4.58 percent increase to SR137.

On the downside, the worst performer of the day was CHUBB Arabia Cooperative Insurance Co., whose share price fell by 5.14 percent to SR17.53.

Saudi Kayan Petrochemical Co. and Arabian Internet and Communications Services Co. also saw declines, with their shares dropping by 4.87 percent and 4.43 percent to SR4.88 and SR181.40, respectively.

On the announcement front, Saudi Kayan Petrochemical Co. announced its annual financial results for 2025, with sales dropping 3.06 percent year-on-year to SR8.45 billion. The company also recorded a net loss of SR893.86 million.

In a Tadawul statement, the company said the net loss and decline in annual sales were driven by a drop in average selling prices, despite higher sales volumes.