World

Endeavor Saudi entrepreneurs generate $1.5bn in revenue, up from $45m in early years

RIYADH: Companies supported by entrepreneurship network Endeavor Saudi Arabia generated more than $1.5 billion in annual revenue, according to Managing Director Lateefa Al-Waalan. Launched in 2012, the Saudi affiliate has worked with at least 63 entrepreneurs, benefited more than 850 companies and provided upwards of 2,500 hours of mentoring, according to figures shared with Arab News. Small and medium-sized enterprises are central to Saudi Arabia’s diversification agenda. Vision 2030 seeks to