Biban: The Biban Forum 2025, organized by the Small and Medium Enterprises General Authority (Monsha'at), has been awarded the Global Business Outlook Award 2026 in the category of Best SME Ecosystem Development Initiative. This accolade further establishes the forum's role as a leading initiative in the Kingdom, supporting small and medium enterprises (SMEs).
According to Saudi Press Agency, Biban is recognized as a prominent entrepreneurship event globally, dedicated to empowering entrepreneurs and SME owners both locally and internationally. The latest edition of the forum marked significant achievements, including agreements and launches valued at over SAR38 billion. It also saw participation from more than 1,021 startups hailing from 66 countries and attracted an attendance of over 100,000 visitors.
The Global Business Outlook Award honors outstanding public and private sector entities for their excellence in performance, innovation, and economic transformation. In recent years, the awards have acknowledged several Saudi government entities across various categories, highlighting the Kingdom's expanding presence in international forums.