Saudi Arabia tops Arab world + Monsha’at reveals winners of student entrepreneur initiative

Saudi Arabia ranked first in the Arab world and GCC, and 14th among G20 nations in the World Bank’s 2023 Statistical Performance Indicators (SPI), rising 22 positions from 2022 for a total score of 81.5%, according to a statement and a post on X. Saudi also secured a spot among the top seven G20 countries in infrastructure with a 95% score. Represented by the General Authority for Statistics, the Kingdom was assessed alongside 187 countries across 51 indicators in five pillars.

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The Small and Medium Enterprises General Authority (Monsha’at) announced the winners of its Future Entrepreneur initiative, recognizing outstanding students from primary, middle, and high schools, according to a statement.