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  2. Luís Figo: Biban 2024 offers huge opportunity for startups

Luís Figo: Biban 2024 offers huge opportunity for startups

NOHA.GAD
Nov 7, 2024
FIFA World Player Luís Figo affirmed that Biban 2024 offers a huge opportunity for startups to connect with investors

Riyadh - Exclusive Sharikat Mubasher: Saudi Arabia successfully gathered global investors at Biban 2024, the premier forum for entrepreneurs and startups, driven by its leading position as a global investment hub.

In an interview with Sharikat Mubasher, FIFA World Player Luís Figo stated that Biban 2024 represents “a huge opportunity for all startups to show what they are doing in different sectors."

He highlighted the crucial role of Biban 2024 in connecting startups with investors to help them achieve their goals.

When asked about the possibility of launching the Figo Football Academy in Saudi Arabia, Figo said: “In the future, I would love to have that chance because I have some academies in China that work very well to promote football and help kids follow their dreams.”

Co-founded by Winning League and Figo, Figo Football Academy provides bilingual football education for the development of young players, with training facilities in Beijing, Shanghai, Chengdu, Erdos, Guangzhou, Xi’an, Dalian, Shenzhen, and more.

Further, Figo praised the Saudi government’s efforts to inject a lot of investments into Saudi football and bring several names and top players.

He noted that these efforts would add to the success and increase the value of the Saudi league every year.

Biban 2024, organized by the Small and Medium Enterprises General Authority (Monsha’at), takes place in Riyadh from 5 to 9 November, with the participation of more than 1,350 local and international exhibitors, over 250 speakers, and more than 150 enablement entities from around the world.

It targets creating a stimulating environment, raising administrative, financial, and technical competencies, and motivating the owners of ideas to launch their projects by allowing them to meet with local and global experts and share knowledge with key decision-makers and investors.

Throughout five days, Biban 2024 is expected to provide 10,000 investment and entrepreneurial opportunities, 420 workshops for over 19,000 beneficiaries, and consultation and guidance sessions for more than 5,000 beneficiaries.   

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Biban 2024
FIFA
Figo Football Academy
Luís Figo
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TASARU Supplier Hub to develop manufacturing facilities at MASARAT Mobility Park
Riyadh - Sharikat Mubasher: TASARU Supplier Hub, an automotive supplier complex recently launched by TASARU Mobility Investments, signed multiple development lease agreements during the PIF Private Sector Forum 2026 to develop manufacturing facilities at MASARAT Mobility Park, the premier destination for automotive and mobility industries in the Kingdom.The facilities will host global Tier-1 automotive suppliers serving original equipment manufacturers (OEMs), such as Ceer and Lucid Motors, the company announced in a press release today.Through this partnership, MASARAT Mobility Park will provide an integrated, investment-ready industrial environment designed to support advanced manufacturing operations, streamline supplier setup, and enable efficient logistics and operational connectivity.Tienie Ferreira, CEO of MASARAT Mobility Park, stated that the agreements represent a strategic step in advancing the park as a purpose-built platform for automotive manufacturing. “Partnering with TASARU Supplier Hub accelerates the localization of critical suppliers, strengthens supply-chain readiness, and supports the growth of a competitive automotive ecosystem within KAEC.”For his part, Abdulaziz Almutairi, CEO of TASARU Supplier Hub, said: “TASARU Supplier Hub is designed to translate industrial ambition into execution. By onboarding Tier-1 global suppliers within an investment-ready platform, we advance local content, enable faster time-to-production, and deepen private-sector participation, directly supporting Vision 2030’s objectives for a competitive, export-capable automotive supply chain.”The partnership between TASARU Supplier Hub and MASARAT Mobility Park supports the localization of manufacturing capabilities, advances economic diversification, creates high-value jobs, and strengthens Saudi Arabia’s position as a regional and global hub for the automotive and mobility industries.TASARU Supplier Hub is strategically located in King Salman Automotive Cluster within the Special Economic Zone in King Abdullah Economic City (KAEC). It is designed to support the development of next-generation vehicles and strengthen the national automotive ecosystem, aligning directly with Vision 2030.
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