Saudi Press

Saudi Arabia and the world
Sunday, Oct 05, 2025

Saudi success stories honored at Esameyoon 2023

Saudi success stories honored at Esameyoon 2023

Esameyoon honors successful Saudi entrepreneurs who have made their mark in the business world, and its fifth initiative has begun its registration phase.
Launched by Mohammed Ibrahim Al-Subaie and Sons Investment Co., or MASIC, in 2019, public and private sector leaders assembled for this year’s event.

Those attending included: Prince Sultan bin Khalid bin Faisal Al-Saud, CEO of the Saudi Industrial Development Fund; Osama Al-Zamil, deputy minister of industry and mineral resources; Rayan Al-Fayez, deputy governor of the General Authority for Small and Medium Enterprises; Mohamed Al-Morshed, vice chairman of the board of directors of the Riyadh Chamber of Commerce; and Ibrahim bin Mohammed Al-Subaie, chairman of the board of directors of MASIC.

The initiative includes four categories and awards for self-made individual, commercial, industrial, and social entrepreneurship. The winner of each receives a cash prize of SR100,000 ($26,600).

Mohammed Al-Maghlouth, the director of entrepreneurship accelerators at the General Authority for Small and Medium Enterprises, said that establishments had been keen to support entrepreneurs to motivate young people to become self-employed, adding that entrepreneurship had a key role in supporting the business sector in the Kingdom.

Al-Maghlouth praised the decision to award one of the prizes this year to social entrepreneurship projects, especially given the importance of this sector in meeting needs and solving problems in a socially innovative and financially sustainable manner.

Nasser Al-Subaie, vice chairman of MASIC, said that the launch of the initiative was due to his company’s belief in the societal role of the private sector, and the need for its active participation in everything that would support, develop and diversify the national economy.

Saad Al-Sayari, the chairman of Esameyoon’s executive committee, said that the initiative was aimed primarily at honoring entrepreneurs who have successfully established their name in the world of commerce.

He added the awards required applicants to be Saudi, leaders in their field, and have their headquarters in the Kingdom.

He said that the initiative was keen to adhere to the highest standards of transparency by adopting clear and impartial procedures in the selection of winners, and by hiring independent judges, including business-minded dignitaries and experts.

Saudi entrepreneurs are invited to apply on esameyoon.com. Registration is open until March 11 and winners will be announced on May 14.
Newsletter

Related Articles

Saudi Press
0:00
0:00
Close
Altman Says GPT-5 Already Outpaces Him, Warns AI Could Automate 40% of Work
Trump Organization Teams with Saudi Developer on $1 Billion Trump Plaza in Jeddah
Electronic Arts to Be Taken Private in Historic $55 Billion Buyout
Colombian President Petro Vows to Mobilize Volunteers for Gaza and Joins List of Fighters
Nvidia and Abu Dhabi’s TII Launch First AI-&-Robotics Lab in the Middle East
UK, Canada, and Australia Officially Recognise Palestine in Historic Shift
New Eye Drops Show Promise in Replacing Reading Glasses for Presbyopia
Dubai Property Boom Shows Strain as Flippers Get Buyer’s Remorse
Top AI Researchers Are Heading Back to China as U.S. Struggles to Keep Pace
JWST Data Brings TRAPPIST-1e Closer to Earth-Like Habitability
UAE-US Stargate Project Poised to Make Abu Dhabi a Global AI Powerhouse
Trump and Starmer Clash Over UK Recognition of Palestinian State Amid State Visit
Saudi Arabia cracks down on music ‘lounges’ after conservative backlash
Saudi Arabia Signs ‘Strategic Mutual Defence’ Pact with Pakistan, Marking First Arab State to Gain Indirect Access to Nuclear Strike Capabilities in the Region
Sam Altman sells the 'Wedding Estate' in Hawaii for 49 million dollars
Turkish car manufacturer Togg Enters German Market with 5-Star Electric Sedan and SUV to Challenge European EV Brands
World’s Longest Direct Flight China Eastern to Launch 29-Hour Shanghai–Buenos Aires Direct Flight via Auckland in December
New OpenAI Study Finds Majority of ChatGPT Use Is Personal, Not Professional
Kuwait opens bidding for construction of three cities to ease housing crunch.
This Week in AI: Meta’s Superintelligence Push, xAI’s Ten Billion-Dollar Raise, Genesis AI’s Robotics Ambitions, Microsoft Restructuring, Amazon’s Million-Robot Milestone, and Google’s AlphaGenome Update
Indian Student Engineers Propose “Project REBIRTH” to Protect Aircraft from Crashes Using AI, Airbags and Smart Materials
Could AI Nursing Robots Help Healthcare Staffing Shortages?
Turkish authorities seize leading broadcaster amid fraud and tax investigation
Qatari prime minister says Netanyahu ‘killed any hope’ for Israeli hostages
Apple Introduces Ultra-Thin iPhone Air, Enhanced 17 Series and New Health-Focused Wearables
Big Oil Slashes Jobs and Investments Amid Prolonged Low Crude Prices
Social Media Access Curtailed in Turkey After CHP Calls for Rallies Following Police Blockade of Istanbul Headquarters
Did the Houthis disrupt the internet in the Middle East? Submarine cables cut in the Red Sea
Gold Could Reach Nearly $5,000 if Fed Independence Is Undermined, Goldman Sachs Warns
Uruguay, Colombia and Paraguay Secure Places at 2026 World Cup
Trump Administration Advances Plans to Rebrand Pentagon as Department of War Instead of the Fake Term Department of Defense
Tether Expands into Gold Sector with Profit-Driven Diversification
Trump’s New War – and the ‘Drug Tyrant’ Fearing Invasion: ‘1,200 Missiles Aimed at Us’
At the Parade in China: Laser Weapons, 'Eagle Strike,' and a Missile Capable of 'Striking Anywhere in the World'
Information Warfare in the Age of AI: How Language Models Become Targets and Tools
Israeli Airstrike in Yemen Kills Houthi Prime Minister
After the Shock of Defeat, Iranians Yearn for Change
YouTube Altered Content by Artificial Intelligence – Without Permission
Iran Faces Escalating Water Crisis as Protests Spread
More Than Half a Million Evacuated as Typhoon Kajiki Heads for Vietnam
HSBC Switzerland Ends Relationships with Over 1,000 Clients from Saudi Arabia, Lebanon, Qatar, and Egypt
Sharia Law Made Legally Binding in Austria Despite Warnings Over 'Incompatible' Values
Dogfights in the Skies: Airbus on Track to Overtake Boeing and Claim Aviation Supremacy
Tim Cook Promises an AI Revolution at Apple: "One of the Most Significant Technologies of Our Generation"
Are AI Data Centres the Infrastructure of the Future or the Next Crisis?
Miles Worth Billions: How Airlines Generate Huge Profits
Zelenskyy Returns to White House Flanked by European Allies as Trump Pressures Land-Swap Deal with Putin
Beijing is moving into gold and other assets, diversifying away from the dollar
Cristiano Ronaldo Makes Surprise Stop at New Hong Kong Museum
Zelenskyy to Visit Washington after Trump–Putin Summit Yields No Agreement
×