The Small and Medium Enterprises General Authority "Monsha'at" has announced that Biban Forum 2025 has been recognized with the Global Business Outlook Awards 2026 for Best SME Ecosystem Development Initiative, reinforcing the forum's position as one of Saudi Arabia's leading initiatives supporting the growth and development of the SME sector.

Biban is one of the world's leading entrepreneurship forums, dedicated to empowering entrepreneurs and SMEs both locally and internationally. Its latest edition achieved significant milestones, including agreements and major announcements valued at more than SAR 38 billion. The forum also brought together more than 1,021 startups from 66 countries and attracted over 100,000 visitors.

The Global Business Outlook Awards are an international awards program that recognizes outstanding public and private sector organizations for excellence in performance, innovation, and economic transformation. Over the past several years, several Saudi government entities have received the award across various categories, reflecting the Kingdom's growing presence and recognition on the international stage.