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Ministers endorse Entrepreneurial Strategy

Ministers endorse Entrepreneurial Strategy

The Saudi government, during a Cabinet session chaired by Crown Prince Mohammed bin Salman in Jeddah, approved several important decisions, most notably the endorsement of the National Strategy for Entrepreneurship and Small and Medium Enterprises to enhance the business environment and empower small institutions. The decisions also included integrating the Ministry of Investment into the Anti-Money Laundering Committee, providing guidelines for annual reports of various government agencies, and discussing the signing of Memoranda of Understanding with Ireland, Kazakhstan, Bahrain, and Kuwait to strengthen cooperation in fields such as investment, minerals, libraries, and insurance. Additionally, the Council approved the final account for King Abdulaziz University and approved the promotion of officials in government ministries, all aimed at supporting economic development and scientific research in the Kingdom.

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