Prince Mohammed bin Salman Foundation (Misk), in partnership with King Abdullah University of Science and Technology (KAUST) will host the Entrepreneurship World Cup 2020 (EWC) from 18-20 October, with the aim to attract advanced technologies and the best talents to the Kingdom of Saudi Arabia while supporting Saudi startups, with the participants of 175,000 applicants from 200 countries.
EWC this year attracted 15,000 applications from Saudi entrepreneurs, 15 of whom were chosen to display their project virtually in the Saudi National Finals, which was held on September 7, 2020, as six of these Saudi companies were selected to participate in the global finals. The first three projects will automatically reach the final, while the remaining three will compete with other international companies in the semi-finals.
The winning companies in the Entrepreneurship World Cup 2020 will be awarded prizes amounting the USD 1 million, in addition to investment opportunities and support of up to USD 75 million.
NEWS ALERT | Saudi Senior Scholars: Insults to Prophets Serve Extremist Interests
RIYADH | SAUDI ARABIA – The Saudi Council of Senior Scholars stressed on Sunday that the insult of Prophets only serves the interests of extremists. In a statement, it said: The extremists only want to spread hatred among mankind’. ‘It is the duty of wise people throughout the world to condemn such insults that have … Continue reading NEWS ALERT | Saudi Senior Scholars: Insults to Prophets Serve Extremist Interests
WORLD NEWS | Putin Rejects Donald Trumps’ Criticism Of Biden Family Business
MOSCOW – – Russia President Vladimir Putin said on Sunday that he saw nothing criminal in Hunter Biden’s past business ties with Ukraine or Russia, marking out his disagreement with one of Donald Trump’s attack lines in the U.S. presidential election. Putin was responding to comments made by Trump during televised debates with Democratic challenger … Continue reading WORLD NEWS | Putin Rejects Donald Trumps’ Criticism Of Biden Family Business
BREAKING NEWS | Saudi Arabia Says Intercepts Houthi Drones Aimed At Southern Region
RIYADH | SAUDI ARABIA – – The Saudi-led military coalition engaged in Yemen said on Sunday night it intercepted and destroyed a second, explosive-laden drone launched by the Iran-aligned Houthi movement towards southern Saudi Arabia, Saudi State Media reported. No casualties or damage were reported. The coalition said earlier it had intercepted the first drone … Continue reading BREAKING NEWS | Saudi Arabia Says Intercepts Houthi Drones Aimed At Southern Region
BUSINESS | France Urges Middle Eastern Countries To Stop Boycott Of French Products
PARIS – – France on Sunday urged Middle Eastern countries to stop retail companies from boycotting French products. The foreign affairs ministry said in a statement that in recent days there had been calls to boycott French products, notably food products, in several Middle Eastern countries as well as calls for demonstrating against France over … Continue reading BUSINESS | France Urges Middle Eastern Countries To Stop Boycott Of French Products
CORONAVIRUS PANDEMIC | Qatar Signs Deal To Buy Moderna Covid-19 Vaccine
MILAN | ITALY – Qatar has signed an agreement with drugmaker Moderna Inc to buy its potential COVID-19 vaccine as soon as it is approved and released for global use, state news agency QNA quoted a health official as saying on Sunday. There are no internationally approved vaccines yet, but several are in advanced trials, … Continue reading CORONAVIRUS PANDEMIC | Qatar Signs Deal To Buy Moderna Covid-19 Vaccine
BUSINESS | Kuwait retail co-ops remove French products over Prophet cartoon
KUWAIT – Kuwait’s retail co-ops have pulled French products in boycott over the use of cartoons of the Prophet Mohammad in a French school class on freedom of expression whose teacher was then beheaded by an Islamist. The non-governmental Union of Consumer Co-operative Societies, which groups more than 70 establishments, issued the boycott directive in … Continue reading BUSINESS | Kuwait retail co-ops remove French products over Prophet cartoon
BUSINESS | Qatar Might Get F-35s Despite Israel’s Objections, Israeli Minister Says
MILAN | ITALY – An Israeli cabinet minister said on Sunday that a U.S. sale of advanced F-35 warplanes to Qatar could be possible despite Israel’s objection to such a deal given the Gulf state’s link to Iran and Palestinian Hamas. ‘I have no doubt that if they (Qatar) want it and are willing to … Continue reading BUSINESS | Qatar Might Get F-35s Despite Israel’s Objections, Israeli Minister Says
BREAKING NEWS | Saudi Arabia Issues SR20 Banknote To Mark G20 Presidency
MILAN | ITALY – The Saudi Arabian Monetary Authority said on Saturday it will release a new SR20 banknote to mark the Kingdom’s presidency of the G20 Summit. The new banknote will be put into circulation on Sunday, and will feature King Salman and the G20 Saudi Summit logo on one site, with a world … Continue reading BREAKING NEWS | Saudi Arabia Issues SR20 Banknote To Mark G20 Presidency
BUSINESS | Parisian Fragrance House Ex Nihilo Cuts Ribbon On Its First Saudi Boutique
JEDDAH | SAUDI ARABIA – Parisian fragrance maison Ex Nihlio has cut the ribbon on its first flagship in Saudi Arabia. The new perfumery is situated in Jeddah’s Nojoud Center, alongside other brands like Lacoste and Femi9. The new store evokes the brand’s French flagship with its iconic cobalt blue interior, marble floors, Art Deco … Continue reading BUSINESS | Parisian Fragrance House Ex Nihilo Cuts Ribbon On Its First Saudi Boutique
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