NEWS ALERT | MiSK Hosts EWC 2020

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.

Saudi Arabia To Invest $3.4 Bln In Vaccine,Biomedical Drugs Sector

PARIS, France – Saudi Arabia’s industry and Mineral Resources said on Friday the country would invest $3.4 billion in the vaccine and biomedical drugs sector, according to state news agency SPA. The Minister Bandar Alkhorayef, who heads the newly – established vaccines and biopharmaceutical industry committee, said the move is part of the kingdom’s push … More Saudi Arabia To Invest $3.4 Bln In Vaccine,Biomedical Drugs Sector

Saudi Arabia’s Crown Prince Arrives In Egypt, Will Visit Jordan And Turkey Next

PARIS, France – Saudi Arabia’s Crown Prince Mohammed bin Salman arrived in Egypt on Monday and was welcomed by Egyptian President Abdel – Fattah el Sisi, state news agency SPA reported. The Crown Prince’s visit to Egypt is part of a tour that will include visiting Jordan and Turkey next. The visits were based on … More Saudi Arabia’s Crown Prince Arrives In Egypt, Will Visit Jordan And Turkey Next

Sheikh Mansour Bin Zayed Establishes National Media Office in UAE

PARIS, France – Sheikh Mansour bin Zayed, the UAE’s deputy prime minister and minister of presidential affairs, on Wednesday launched the National Media Office. The unit is tasked with developing the media sector, legislation, regulations, and decisions on media development while also monitoring the implementation of legislation in coordination with the relevant authorities and administrative … More Sheikh Mansour Bin Zayed Establishes National Media Office in UAE

Abu Dhabi’s Mubadala And EQT Fund To Buy Sweden’s Envirotainer

PARIS, France – Abu Dhabi state fund Mubadala and a fund managed by European buyout firm EQT have agreed to buy Envirotainer, a Swedish company which leases out cold containers for shipping temperature – sensitive healthcare products. Mubadala and the EQT X fund are buying the company from European buyout firm Cinven and Denmark life … More Abu Dhabi’s Mubadala And EQT Fund To Buy Sweden’s Envirotainer

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