10 Hrs
Source:
الاقتصادية
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Saudi Arabia approves SME strategy
The Saudi Cabinet, chaired by Crown Prince Mohammed bin Salman, approved the National Strategy for Entrepreneurship and Small and Medium Enterprises, as part of the Kingdom's efforts to strengthen the economy, diversify income sources, and support entrepreneurs and small business owners. The Council also reaffirmed Saudi Arabia's right to defend its territories against Houthi militia attacks and ongoing efforts to monitor regional and international developments to enhance security and stability through dialogue and international cooperation. Other decisions included the Ministry of Investment's membership in the Anti-Money Laundering Committee, Memoranda of Understanding and investment promotion agreements with countries such as Ireland and Kazakhstan, as well as the approval of the final financial account for King Abdulaziz University and the improvement of regulatory frameworks in energy and ethics sectors.
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