Riyadh, Biban Forum 23, which is being presented by the Small and Medium Enterprises General Authority (Monsha’at), witnessed the signing of a cooperative agreement between Monsha’at and Abdul Latif Jameel Finance Company, in the presence of Suleiman Al-Tarif, the Deputy Governor of Monsha’at for Planning and Development, and Eng. Ramadan Al-Zahrani, the Executive General Manager for the Monetary and Car Finance Sector at Abdul Latif Jameel Finance.
The agreement seeks the cooperation of the two parties in supporting micro, small, and medium enterprises wishing to obtain financing, with the aim of granting or getting a commercial franchise by providing the second party with financing products dedicated to the commercial franchise.
It is also concerned with providing training programs in the field of commercial franchising as part of the programs of Monsha’at’s Academy, according to the approved programs, policies, and capabilities available to them.
Source: Saudi Press Agency