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Report Says Saudi Arabia Seeing a Surge in Demand for Cybersecurity Specialists
Saudi Arabia has seen a surge in demand for cybersecurity specialists amid growing concerns about cyber threats within the Kingdom, according to a recent report by security software company Qrator Labs.
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Ahead of LEAP in Saudi Arabia, MCIT’s Abdullah Alshamrani joins The 966 to talk tech, ecosystem development, and more…
Abdullah Alshamrani, General Manager of the Digital Entrepreneurship Center at Saudi Arabia’s MCIT join The 966 to talk ecosystem development in the Kingdom, the entrepreneurship scene, and the Kingdom as a future destination for tech.
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Saudi Arabia’a Allocating $267 Million to Intellectual Property Strategy, a Sign That Kingdom is ‘Prioritizing a Knowledge-Based Economy’
The allocation of $267 million to the Intellectual Property Strategy is a signal that Saudi Arabia is “prioritizing a knowledge-based economy,” according to an item in the International Intellectual Property Law Association website.
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Inaugural AlUla World Archaeology Summit Kicks Off in Saudi Arabia with Leading Heritage Experts in Attendance
From Sept. 13 to 15, Saudi Arabia will host the inaugural AlUla World Archaeology Summit in the Kingdom, organized by the Royal Commission for AlUla and taking place in AlUla’s Maraya Concert Hall.
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Saudi Center for Commercial Arbitration CEO Dr. Hamed Merah joins The 966, LIV Golf in DC and much more…
The 966 talks about the state of business dispute resolution in Saudi Arabia with the CEO of the Saudi Center for Commercial Arbitration, Dr. Hamed Merah, who joins from Riyadh. The 966 talks with Dr. Merah about the SCCA’s rise as a leading dispute resolution body in the region and increasingly, globally. As Saudi Arabia […]
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LEAPing forward in an increasingly tech-focused Saudi Arabia, Riyadh as a global events destination, and much more
The 966 Episode 75! The hosts discuss the recently-concluded LEAP conference and exhibition in Riyadh and how Saudi Arabia is increasingly becoming a leader in the space in the region. They also discuss how Riyadh is, in general, becoming a more attractive destination for global events, a concept once difficult to imagine before the Kingdom […]
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LEAP Conference Concludes in Riyadh with Major Deals, Focus on Tech
The 2023 LEAP conference ended on Thursday in Riyadh, with major deals for cloud computing centers and announcements of investments into the Kingdom’s tech sector in hopes of creating a vibrant startup ecosystem.
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Report – Saudi NEOM’s Tech Unit Rebrands as Tonomous and Will Invest $1 billion in 2022
NEOM Tech & Digital, a subsidiary of the $500 billion signature NEOM project of the Saudi crown prince, has invested $1 billion in 2022 in AI, including a metaverse platform, its chief executive said on Tuesday, according to a Reuters report.
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Eyad Albayouk from Flat6Labs talks Saudi VC and KSA’s startup ecosystem, reacting to the unveiling of The Line at NEOM and more
Episode 54! The 966 talks with Eyad Albayouk from the VC firm Flat6Labs KSA. Eyad chats with us about Saudi Arabia’s growing startup ecosystem and entrepreneurship in the Kingdom, and the state of Saudi VC in 2022 as the Kingdom ramps up Vision 2030 execution. Before the interview, the hosts discuss the recently announced megaproject, […]
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Dr. Mohammed Alhajji, Director of Behavioral Insights with Saudi Ministry of Health Joins The 966 to talk about his career and journey as a Saudi student in the USA
The 966 welcomes onto the show Dr. Mohammed Alhajji, Director of the Behavioral Insights and Nudge Unit at Ministry of Health Saudi Arabia, and co-founder of SaudiGenome, onto the program to discuss his journey as a Saudi student in the United States for 15 years and his work now in Saudi Arabia for the ministry.
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MUST-READS
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More women-led funds ‘will boost female entrepreneurship in the UAE’
“We rarely see VCs are run by females and that is unfortunate … we receive a lot of pitches related to start-ups but not many women are looking for funding. They are not having the right networking opportunities of knowing the person who knows the right person to connect them for business or funding,” Ms El Zayat said.
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Saudi Arabia makes major leap forward in women’s entrepreneurship
According to Dr. Muhammad Azam Roomi, who spoke at the Fifth Gulf Businesswomen Forum in Jeddah, women across Saudi Arabia have become major contributors to the entrepreneurial ecosystem, placing the Kingdom fourth among the top countries in entrepreneurship.
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Biban 2023: Saudi Arabia’s largest SME conference hosts final round of Entrepreneurship World Cup and other major highlights
Biban, Saudi Arabia’s largest start-up, SME, and entrepreneurship conference, takes place between March 9 and March 13, 2023, at the Riyadh Front Exhibition & Conference Center.
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Atlantic Council’s inaugural Rafik Hariri Awards to honor Arab leaders in business, social entrepreneurship, and arts
In a ceremony to be held at Washington, D.C.’s John F. Kennedy Center for the Performing Arts, Rafik Hariri Award recipients will include: Sir Magdi Yacoub, founder of the Magdi Yacoub Global Heart Foundation, Magdi Yacoub Foundation, and Chain of Hope for the Social Impact Award; Fatma Said, award-winning soprano for the Artistic Excellence Award; and Ahmad Abu Ghazaleh, executive vice chairman of Abdali Hospital for the Business Leadership Award.
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Saudi Arabia launches entrepreneurship alliance to strengthen space tech ecosystem
The announcement follows Saudi Arabia’s Cabinet approval of the creation of the Supreme Space Council in November, comprising Saudi government officials, including the Minister of Communications and Information Technology and the Minister of Foreign Affairs.
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Saudi Cabinet approves new companies law to drive entrepreneurship
It allows a new form of company — called a Simplified Joint Stock Company — that meets the needs of entrepreneurship and venture capital growth. It also allows the issuance of a family charter that regulates ownership in family businesses, in addition to governance, management, work policy, employment of family members and cash profits to ensure the sustainability of these companies.
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Moving the Arab population from ‘job seekers’ to ‘job creators’: How governments are promoting and supporting entrepreneurship
Despite the UAE producing the region’s largest unicorns and enjoying record-breaking increases in venture capital funding, the challenge, said Al Falasi, is that attitudes about entrepreneurship still need to shift. Due to the blessing of hydrocarbon wealth, government jobs were long seen as the go-to path. The UAE has launched programs at schools and universities to encourage students to consider entrepreneurship.
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Saudi Aramco’s entrepreneurship arm Wa’ed provides $2.04m grant to four start-ups
Created as a wholly-owned venture of Aramco in 2011, Wa’ed has disbursed more than 400m riyals in venture capital investment, loans and incubation services to more than 100 kingdom-based start-ups. Start-ups in Saudi Arabia attracted a record $168m worth of venture capital funding through 54 transactions in the first half of 2021, according to data platform Magnitt. This is about 94 per cent of the money extended to the kingdom’s start-ups in 2020.
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The University of Texas at Austin Texas Global Empowering Saudi Women Through Entrepreneurship
The University of Texas at Austin’s Global Innovation Lab (GIL) is hosting the Empowering Saudi Women Through Entrepreneurship program in partnership with the KAUST with funding awarded by the U.S. Consulate General Jeddah.
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Saudi VC Sukna, Unifonic launches entrepreneurship program
Saudi venture capital firm Sukna has partnered with Dubai-based Unifonic to host an entrepreneurship program in the Kingdom, the pair announced in a statement.
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