Seedstars World ends search for Saudi Arabia’s best startups

In addition to the cash prizes and invitations to Seedstars summits, the four winners will be incubated by the Bader Program and receive business services worth almost $70,000. (Supplied photo)
Updated 09 October 2018
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Seedstars World ends search for Saudi Arabia’s best startups

  • Almost 55 startups participated in the first Saudi round of the world’s biggest startup competition in emerging markets and fast-growing startup scenes this year
  • The first place winner receives SR100,000, with the second, third, and fourth-placed winning startups taking SR50,000, SR25,000, and SR10,000 respectively

RIYADH: After the spin of four rounds in four different Saudi cities, the international seed-stage startups competition, Seedstars World brought its Saudi round to a successful close during Seedstars Riyadh on Sunday.

Almost 55 startups participated in the first Saudi round of the world’s biggest startup competition in emerging markets and fast-growing startup scenes this year. It was organized in partnership with the Misk Innovation, Saudi Telecom Co. (STC), and Bader Program for Technology and Incubation (Bader). 

Every participant went through a three-day intensive boot camp, which included mentoring sessions, theme panels and dynamic pitching sessions in each city. That provided them with the opportunity to be mentored by top-notch local and global experts in growth, pitching and acquisition channels. 

The eight best startups from Riyadh, Abha, Dammam, and Jeddah were invited to pitch on Sunday in front of an investment panel and compete to be crowned the best seed-stage startup in the Kingdom. The top four will be awarded cash prizes and all-inclusive trips to the Seedstars world and regional summits. 

The first place winner receives SR100,000, with the second, third, and fourth-placed winning startups taking SR50,000, SR25,000, and SR10,000 respectively.

This year, Wasel Lee, Bright Up, Supplium, Al-Maha Systems, YNMO, MARN, Mathaqi, and Labayh were recognized as the most promising startups in Saudi Arabia and were invited to the Seedstars Saudi Arabia in Riyadh — an event filled with disruptive tech, inspirational discussions and networking sessions. 

In addition to seeing the top startups pitch, the event’s agenda included an opening keynote by Mohammed Al-Haqbani, vice president of enterprise accounts at STC, who highlighted the great potential of the entrepreneurship and startups in the country, and some of the services and support that STC provides. The event’s agenda also included a panel discussion on SMEs’ growth using disruptive technologies.




YNMO was awarded the first-place cash prize. (Photo supplied)

YNMO, the first Arabic/English digital solution that aims to improve the quality of care and educational services for individuals with special needs, was awarded the first-place cash prize of SR100,000, in addition to a plane ticket to Switzerland to compete for more than $1 million in investments. YNMO will also have the opportunity to meet the 65+ winners from other fast-growing economies, as well as investors and mentors from around the world. 

MARN (a tech startup specializing in point-of-sale solutions across multiple platforms and modern technologies), Supplium (an AI-driven e-procurement management system where restaurants can buy all their supplies from one portal), and Labayh (a mobile app that provides psychological therapy sessions for users anonymously) won second, third and fourth places respectively. 

Al-Haqbani said: “Seedstars is a very well-known initiative that promotes and help startups to grow globally. Being in Saudi Arabia for the first time is a very good opportunity for young entrepreneurs to learn and understand global standards, while having the chance to participate in similar international competitions.” 

He added: “We have high-quality startups where teams are dedicated to their ideas and businesses, and understand their business models. We can see huge potential and room for improvement, which is the aim of such an event.”

Nawaf Al-Sahhaf, CEO of the Bader Program, said: “Seedstars Riyadh is another initiative that has been organized to support the booming of the Saudi startup and investor activity. The competition showcased the promising level of our young entrepreneurs and startups. 

“We at Bader are supporting this initiative, and we hope to see our winner representing Saudi Arabia at the Seedstars World Summit in Switzerland.” 

In addition to the cash prizes and invitations to Seedstars summits, the four winners will be incubated by the Bader Program and get business services worth almost $70,000.


3rd Global Conference for Giftedness and Creativity underway in Riyadh

Updated 25 November 2024
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3rd Global Conference for Giftedness and Creativity underway in Riyadh

  • More than 300 talented individuals and local and international speakers from over 50 countries were attending the three-day conference

RIYADH: The third edition of the Global Conference for Giftedness and Creativity opened in Riyadh on Sunday, bringing together a select group of experts and talented individuals in science, technology, and innovation.

More than 300 talented individuals and local and international speakers from over 50 countries were attending the three-day conference, which was inaugurated by Prince Faisal bin Bandar bin Abdulaziz, governor of Riyadh region, the Saudi Press Agency reported.

Organized by the King Abdulaziz and His Companions Foundation for Giftedness and Creativity, also known as "Mawhiba," the conference is being held at the King Abdullah Petroleum Studies and Research Center (KAPSARC) until Tuesday.

Themed "Beyond Creative Minds," the conference aims to showcase the potential of the gifted, develop a comprehensive care system to support them, bolster integration and strategic partnerships, and enhance opportunities for global exchange and cooperation.

An exhibition and various cultural visits are being held on the conference sidelines, the SPA report said.

According to the Mawhiba site, the conference reflects the success achieved in the two previous editions, and "provides an opportunity for partners to contribute to sponsoring the journey of talented people from different countries of the world."

 

 


Saudi-European talks to strengthen cooperation in environmental fields

Updated 25 November 2024
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Saudi-European talks to strengthen cooperation in environmental fields

  • Saudi minister, EU security and political officials discuss reinforcing existing work on coping with climate change

RIYADH: Saudi Minister of State for Foreign Affairs Adel Al-Jubeir met with European officials on Sunday in Riyadh, Saudi Press Agency reported.

Al-Jubeir, who is also the Saudi climate envoy, held talks with Delphine Pronk, chair of the EU Political and Security Committee, and Luigi Di Maio, EU special representative for the Gulf region.

They discussed issues surrounding climate change and environmental cooperation between Saudi Arabia and the EU, as well as ways in which existing cooperation on tackling climate change could be strengthened. They also talked about the recent development in foreign policy in Europe and the Middle East.

Saudi Arabia maintains a strong dialogue with the EU, with both parties sharing views on several foreign policy issues, including the Saudi-led Arab Peace Initiative for the Middle East.

The EU and Saudi Arabia are also linked through trade relations, with the EU becoming the Kingdom’s second main trading partner after the volume of trade exchange between Riyadh and Brussels peaked at $80 billion in 2023.


Saudi FM arrives in Italy to attend G7 ministerial meeting

Updated 24 November 2024
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Saudi FM arrives in Italy to attend G7 ministerial meeting

RIYADH: Saudi foreign minister Prince Faisal bin Farhan arrived in Italy on Sunday to participate in an expanded ministerial meeting of the Group of Seven (G7) countries in Fiuggi, Saudi Press Agency reported. 

The meeting will discuss the current situation in the Middle East, SPA added.

During his stay in Fiuggi, Prince Faisal will hold a number of discussions that will address regional and international issues.


Saudi fund chief receives Tajikistan’s deputy prime minister

Updated 24 November 2024
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Saudi fund chief receives Tajikistan’s deputy prime minister

  • Saudi Ambassador to Tajikistan Walid Al-Rashidan was among the officials in attendance

RIYADH: CEO of the Saudi Fund for Development Sultan Al-Marshad received First Deputy Prime Minister of Tajikistan Hokim Kholiqzoda and his accompanying delegation in Riyadh on Sunday.

During the meeting, the Saudi fund’s development projects were discussed, as well as ways to enhance development cooperation between both sides, the official account wrote on X.

Saudi Ambassador to Tajikistan Walid Al-Rashidan was among the officials in attendance.

Kholiqzoda’s visit included a tour of the Saudi fund’s exhibition center, which showcases the organization’s 50-year journey, including notable development projects and their impacts on the lives of beneficiaries.

 


World’s first International Conference on Conjoined Twins kicks off in Riyadh

Updated 24 November 2024
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World’s first International Conference on Conjoined Twins kicks off in Riyadh

  • Top World Health Organization official commends Saudi Arabia’s efforts in the field

RIYADH: The inaugural International Conference on Conjoined Twins kicked off in Riyadh on Sunday. 

The event unites leading medical experts, humanitarian organizations, and families from around the globe to share vital insights, discuss innovative separation techniques, and forge collaborative pathways in the pursuit of improved lives for conjoined twins. 

Riyadh Gov. Prince Faisal bin Bandar delivered a speech on behalf of King Salman celebrating the achievements of the Saudi Conjoined Twins Program, which has become a global leader in the field.

“Since 1990, 143 cases of twins from 26 countries have been reviewed by my dear colleagues, who have successfully separated a total of 61 pairs of twins to date,” he said. 

Prince Faisal added that it is the only program globally specializing in separating conjoined twins, making it one of the largest humanitarian medical programs in the world. 

He also highlighted a recent milestone: the UN General Assembly is considering an initiative by Saudi Arabia to designate Nov. 24 as the annual World Conjoined Twins Day.

In a video address, Dr. Tedros Adhanom Ghebreyesus, director general of the World Health Organization, congratulated Saudi Arabia on its leadership in organizing the conference.

“I commend Saudi Arabia for its leadership in organizing this important World Conjoined Twins Day Conference,” he said. 

This recognition would honor the medical and humanitarian efforts in this field and highlight the challenges faced by conjoined twins and their families. 

Ghebreyesus praised the initiative as a model for global collaboration in rare and complex medical cases. 

“The conference provides critical insights, from surgical innovations to long-term strategies, shaping rare initiatives. A broader platform and registry for congenital anomalies would benefit low and middle-income countries,” he said.

A keynote address was delivered by Dr. Abdullah Al-Rabeeah, advisor to the Royal Court and supervisor-general of Saudi aid agency KSrelief.

As the head of the multidisciplinary team for the Saudi Conjoined Twins Program, Al-Rabeeah provided insights into the occurrence and challenges associated with conjoined twins.

The history of conjoined twin separation reveals both the challenges and progress in medical science. 

“The first successful separation was by Johannes Fatio back in 1689 by using a constricting band for a set of Omphalopagus twins or those sharing liver and gastrointestinal organs,” he said.

With a 0.5 percent incidence rate, this early success involved “presumably, a small joining in the skin, probably a little bit of the liver,” said Al-Rabeeah. 

He added that a major breakthrough came in 1957 with the first successful separation of Craniopagus, or twins sharing one brain. 

Al-Rabeeah said that the epidemiology shows distinct patterns: “In Western countries, it’s been estimated that we get one conjoined twins in every 50 to 200,000 births.” 

He added that, however, it is more prevalent in Southeast Asia and Africa, “presumably because identical twinning and twinning is (found) more in dark-skinned people in Africa and also in Southeast Asia, increasing the incidence.”

The survival statistics, Al-Rabeeah reported, entail that “60 percent of conjoined twins are stillborn, and those who live 40 percent of them will die in the first few days of life, and 70 percent of those who would survive will be females.”

He emphasized that the reasons behind this regional disparity remain unknown and require further research.

Throughout the conference, leading medical professionals presented their expertise on various aspects of caring for and separating conjoined twins. Topics included embryology, multidisciplinary team-building, antenatal care, and labor management. 

Dr. Nadia Al-Ghilan, from the maternal-fetal medicine department at King Abdulaziz Medical City, gave a presentation titled “Caring for Conjoined Twins: A Prenatal Journey,” describing the complex process of managing pregnancies involving conjoined twins.  

She said that caring for conjoined twins is a complex and delicate process as it requires meticulous prenatal planning and a dedicated medical team.

Al-Ghilan said that “this journey is filled with unique challenges, ethical considerations, and the utmost care to ensure the best possible outcomes for the twins and their family.” 

Early diagnosis, she stressed, is critical for effective prenatal referral, counseling, and planning for delivery and postnatal care.  

Al-Ghilan also underscored the importance of genetic testing in understanding the chromosomal health of conjoined twins. 

“Techniques like amniocentesis and chorionic villus sampling can help identify genetic abnormalities, providing valuable information for developing treatment strategies.”

The conference not only serves as a platform for scientific exchange but also fosters dialogue on building global partnerships to support conjoined twins and their families, particularly in low and middle income countries. The conference emphasized the importance of comprehensive care, from prenatal counseling to post-separation rehabilitation. 

For over 30 years, the Saudi Conjoined Twins Program has stood as a beacon of hope for families worldwide. The inaugural International Conference on Conjoined Twins is set to continue this legacy, inspiring further advancements in the care and treatment of conjoined twins globally.