Saudi Arabia hosts Sports Week to support SMEs

The Small and Medium Enterprises General Authority. (X: @MonshaatSA)
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Updated 28 January 2026
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Saudi Arabia hosts Sports Week to support SMEs

  • The event is part of the authority’s initiatives to support and empower SMEs and entrepreneurs in promising sectors

JEDDAH: The Small and Medium Enterprises General Authority, in cooperation with the Ministry of Sport, is hosting Sports Week from Feb. 1 to 5.

The event is part of the authority’s initiatives to support and empower SMEs and entrepreneurs in promising sectors, the Saudi Press Agency reported on Wednesday.

Sports Week comes amid the rapid growth of the sports sector in the Kingdom, offering opportunities for SMEs and entrepreneurs to engage in sector-related activities and support income diversification.

The event will be held at the SME support centers in Riyadh, Madinah, Jeddah and Alkhobar, featuring panel discussions and consultative sessions on sports investment, innovation, finance and operations.

Deputy Minister of Sport Bader Al-Kadi, along with senior officials and leaders from the sports sector, will attend the sessions.

Representatives from government and private entities, sports clubs and companies specializing in sports investment, innovation, financing and operations will also take part, alongside sector experts and stakeholders.

Discussions will focus on opportunities within the sports sector, the role of SMEs in related activities and services, prospects for collaboration with sports clubs and organizations, and the economic potential of major sporting events.

The authority invites SME owners and entrepreneurs to register for Sports Week via monshaat.gov.sa/ar/node/431617.


The founding economy: A blueprint for stability in the First Saudi State

Updated 23 February 2026
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The founding economy: A blueprint for stability in the First Saudi State

  • The establishment of the First Saudi State created a secure environment that facilitated the arrival of caravans, secured vast trade routes, and revived commerce across the Arabian Peninsula

RIYADH: The economy during the founding stage of the First Saudi State served as a fundamental pillar in building the nation, consolidating its influence, and ensuring its stability. This early economic growth was inextricably linked to achieving security, unifying regions, and organizing society—factors that directly stimulated trade, stabilized markets, and enhanced the foundations of daily life in Diriyah and its surrounding areas.
According to Dr. Abdullah Al-Saleh Al-Othaimeen's "Diriyah: Origins and Development during the First Saudi State," published by the King Abdulaziz Foundation for Research and Archives (Darah), the founding economy stands as a historical model reflecting the reciprocal relationship between political stability and early economic prosperity.

Beyond its political and intellectual prominence, Diriyah emerged as a vibrant economic hub. (SPA)

The establishment of the First Saudi State created a secure environment that facilitated the arrival of caravans, secured vast trade routes, and revived commerce across the Arabian Peninsula.
Beyond its political and intellectual prominence, Diriyah emerged as a vibrant economic hub. Its active markets attracted merchants and students from across the region, all of whom benefited from the state-provided stability. The local society relied on diverse activities for its livelihood, including trade, agriculture, and livestock breeding, with horses and camels playing crucial roles in transportation, commerce, and securing roads.
The social and administrative organization upon which the state was founded ensured the continuous availability of goods and sustained market stability. Ultimately, the close relationship between public security and economic growth during this founding phase solidified Diriyah's position as a premier political and commercial center in the Arabian Peninsula.