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Asharq Al-Awsat
Asharq Al-Awsat
Business
Asharq Al-Awsat

Riyadh to Host Saudi Arabia's Biggest Event for Entrepreneurship in Middle East

General view of Riyadh city, in Riyadh, Saudi Arabia, May 7, 2020. REUTERS/Ahmed Yosri

Riyadh will host the first edition of "RiseUp Saudi Arabia" on Saturday, which will run until November 21 at the King Abdullah Financial District.

The summit, which is the biggest event for entrepreneurship in the Middle East, is expected to attract over 10,000 participants, more than 150 startups, 150 investors and 200 speakers from all over the world to share their global experiences as well as the latest developments in many fields to serve the startups and help them build foundations on which to base themselves.

The summit is supported by the National Technology Development Program (NTDP) of the Ministry of Communications and Information Technology, in a strategic partnership with the Saudi Federation For Cybersecurity, Programming and Drones (SAFCSP).

The summit also includes some sectors specialized in entrepreneurship in the Kingdom, such as the Saudi Venture Investment Company; the Small and Medium Enterprises General Authority (Monsha'at); the Garage, the Digital Cooperation Organization (DCO); the Ministry of Tourism, and the Angel Investors.

CEO of RiseUp Company in Saudi Arabia Princess Lolowah bint Yazeed explained that the Kingdom witnesses a historic boom for the startups community, and has been and will remain the largest supporter of this sector.

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