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Abida Ahmad

Strategic Agreements Signed at Misk Global Forum to Support, Empower Youth Globally

The Misk Foundation’s initiatives foster youth empowerment through mentorship, training, and global collaboration, positioning young Saudis to contribute to both local and global innovation and development.
At the Misk Global Forum 2024, 15 strategic agreements were signed to empower youth and promote innovation, including partnerships with NEOM to establish a Joint Innovation Center in Misk City and with the UN Global Compact to connect Saudi youth with a global network focused on the Sustainable Development Goals (SDGs).

Riyadh, November 21, 2024 – The Misk Global Forum 2024, held at the Mohammed Bin Salman Nonprofit City (Misk City) in Riyadh, has concluded with the signing of 15 strategic agreements designed to empower youth and promote innovation both locally and globally. The agreements, which include six signed by the Misk Foundation and nine with its affiliated entities, are pivotal in advancing Saudi Arabia's youth development and supporting the nation’s broader objectives under Vision 2030. These partnerships underscore the Kingdom's commitment to cultivating the next generation of leaders, innovators, and entrepreneurs.


A notable partnership forged during the forum is with NEOM, the ambitious project transforming the region. The agreement paves the way for the creation of a Joint Innovation Center within Misk City. This center is designed to provide a dynamic and inclusive environment that will support young people in pursuing careers in technology and entrepreneurship. By offering resources, mentorship, and hands-on experiences, the center will nurture youth talent, empowering them to contribute to the Kingdom’s growing knowledge economy and drive future innovation. The collaboration with NEOM further aligns with the city’s vision to build a thriving ecosystem for global technological and business advancements, with a specific focus on youth-led initiatives.


On the international front, the Misk Foundation has strengthened its global outreach by signing an agreement with the UN Global Compact. This partnership will connect Saudi youth to a global network of leaders and innovators dedicated to achieving the United Nations Sustainable Development Goals (SDGs). By engaging with this worldwide network, Saudi youth will have the opportunity to collaborate on initiatives aimed at solving global challenges, while also enhancing their skills and understanding of sustainable development practices. This collaboration is part of Misk’s broader commitment to ensuring that young Saudis are equipped with the necessary tools and knowledge to lead in a rapidly evolving global landscape.


These agreements are a continuation of the Misk Foundation's mission to empower youth through a wide range of innovative initiatives, training programs, and strategic partnerships. Through its focus on technology, education, and sustainability, Misk is laying the groundwork for a new generation of leaders who will contribute to both local and global progress. The partnerships, which span across various sectors including technology, education, and entrepreneurship, are designed to provide youth with the skills needed to address the challenges of the future, positioning them as drivers of change in a digitally connected world.


The Misk Global Forum 2024 highlights the growing significance of youth engagement in the global discourse on innovation and sustainable development. As Saudi Arabia strives to diversify its economy and enhance its global position under Vision 2030, the Misk Foundation plays an essential role in creating pathways for young people to take on leadership roles and contribute meaningfully to the Kingdom’s economic and social transformation. These strategic agreements further reinforce Misk's vision to foster an ecosystem of collaboration, entrepreneurship, and empowerment that enables Saudi youth to thrive both within the Kingdom and internationally.


By aligning with both local and global entities, the Misk Global Forum continues to solidify its role as a catalyst for change, reinforcing the pivotal role of youth in the Kingdom’s future. These agreements are not only a step forward in advancing Saudi Arabia’s national objectives but also contribute to the development of a robust global network that nurtures the growth and innovation of young leaders who will shape the future. Through initiatives like these, Misk is ensuring that youth across Saudi Arabia are well-prepared to lead, innovate, and drive positive change on a global scale.


This year's Misk Global Forum has thus set the stage for an exciting new chapter in the Kingdom’s journey towards a sustainable, diversified, and innovative future.



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