Visa, SAB, Monsha'at cooperate to launch 3rd edition of ‘She's Next’

user icon
GHADA.ISMAIL
calender icon
Dec 11, 2024
article image

Riyadh – Sharikat Mubasher: Visa, a world leader in digital payments, in collaboration with Saudi Awwal Bank (SAB) and Monsha'at, announced the launching of the third edition of its global advocacy program She’s Next in Saudi Arabia.

This year, the program focuses on supporting women entrepreneurs in the fashion industry through grants, mentorship, and training, according to a recent press release.

From December 3, 2024, to January 9, 2025, Saudi female fashion designers can apply by submitting a form and a sketch integrating Saudi heritage with modern inspirations on the company’s official website.

This year's edition features a dedicated mentorship segment led by renowned Saudi fashion designer Razan Alazzouni. The five finalists will be announced on January 24, 2025, and the final event and winner announcement will take place on February 24, 2025.

Ali Bailoun, Visa’s Regional General Manager in KSA, Bahrain, and Oman, said, “We are thrilled to launch the third edition of She's Next in Saudi Arabia, this time specifically empowering women entrepreneurs driving innovation in the fashion industry. Through this program, in partnership with SAB and Monsha'at, we aim to address the unique challenges faced by women in this sector, providing access to crucial funding, mentorship from renowned designer Razan Alazzouni, and resources to foster growth and digital transformation. We believe that supporting these talented women will not only contribute to their individual success but also enrich the vibrant fashion landscape of Saudi Arabia.”

Lama Ghazzaoui, Chief Financial Officer at SAB, commented: “At SAB, we believe that partnerships like our collaboration with VISA are key to driving innovation and addressing the needs of our customers and communities.”

Monsha’at commented: “We are delighted to celebrate the launch of the She’s Next program in its third edition in collaboration with Visa. This transformative initiative provides unparalleled opportunities for women entrepreneurs in fashion and other industries across Saudi Arabia.”

She’s Next is a key initiative in Visa’s mission to advance the digitalization of women-owned businesses. It introduces the inaugural Women SMB Digitalization Index in Saudi Arabia, which evaluates businesses across five key indicators: online presence, acceptance of digital payments, awareness of payment security, customer engagement, and retention. In Saudi Arabia, the index highlights that women-led businesses excel in digital payments, online presence, and security awareness.


Share

Related News

Ejada pacts with Dyna.Ai to enhance AI solutions in Saudi Arabia
News
Calendar Icon
October 13, 2025
Ejada pacts with Dyna.Ai to enhance AI solutions in Saudi Arabia
Read More
Riyadh Air to launch inaugural London flights on 26 October
News
Calendar Icon
October 13, 2025
Riyadh Air to launch inaugural London flights on 26 October
Read More
SAMI, HP, Foxconn launch ‘Remal’ computer manufacturing project
News
Calendar Icon
October 13, 2025
SAMI, HP, Foxconn launch ‘Remal’ computer manufacturing project
Read More
Presight, Dubai World Trade Centre to advance global AI innovation
News
Calendar Icon
October 13, 2025
Presight, Dubai World Trade Centre to advance global AI innovation
Read More
44 exhibitors showcase latest e-commerce solutions in E-commerce Door at Biban 2025
News
Calendar Icon
October 13, 2025
44 exhibitors showcase latest e-commerce solutions in E-commerce Door at Biban 2025
Read More
Saudi Jeel, Swiss Synpulse partner to launch advanced wealthtech platform
News
Calendar Icon
October 8, 2025
Saudi Jeel, Swiss Synpulse partner to launch advanced wealthtech platform
Read More
Saudi Arabia issues industrial licenses worth SAR 6.6 bn in July
News
Calendar Icon
October 8, 2025
Saudi Arabia issues industrial licenses worth SAR 6.6 bn in July
Read More
FII Institute pacts with SMBC Group to advance cross-border collaboration
News
Calendar Icon
October 8, 2025
FII Institute pacts with SMBC Group to advance cross-border collaboration
Read More
Saudi TGA invites local, global firms to join autonomous vehicles sandbox program
News
Calendar Icon
October 7, 2025
Saudi TGA invites local, global firms to join autonomous vehicles sandbox program
Read More
Saudi Arabia to host 26th UN Tourism General Assembly in Riyadh
News
Calendar Icon
October 7, 2025
Saudi Arabia to host 26th UN Tourism General Assembly in Riyadh
Read More