Tuesday, 02 January 2024 12:17 GMT

Saudi- Riyadah inks deal with MNCC


(MENAFN- Arab News) National Entrepreneurship Institute (Riyadah) signs a memorandum of understanding (MoU) with Muhammed Bin Naif Counseling and Care Center (MNCC) in Saudi Arabia.

Its objectives include spreading the concept of moderateness and rejecting immoderate way of thinking; achieving an intellectual psychological and social balance for the targeted beneficiaries; and pointing out the role of Saudi Arabia in fighting terrorism overcoming immoderate thoughts and caring for its youth.

The MoU aims to enable beneficiaries of the program to be aware of venues on how to establish their small business utilizing the Kingdom's support for small startup businesses.

Riyadah which was established by Technical and Vocational Training Corporation (TVTC) initiative with the Ministry of Petroleum and Minerals aims to focus on enabling Saudis to start their small businesses entrepreneurship cultural awareness incubators and provide needed support for current small businesses to flourish and overcome market obstacle.

The six strong Saudi corporates Saudi Basic Industries Corporation (SABIC) Saudi Aramco Saudi Telecom Company (STC) Alinma Bank Saudi Credit and Saving Bank and TVTC started this organization in the recent months. Riyadah worked with tens of beneficiaries in the past year which resulted in starting some businesses.

Sherif Elabdelwahab CEO indicated that the most favorite characteristics acknowledged by the beneficiaries are their strong discipline tolerance to new business challenges and motivation to start their businesses.

With this MoU Riyadah and MNCC will work together in providing a world-class service to enable beneficiaries to start their small businesses instead of being prone to being involved with previous violations.

2015 will witness lectures workshops and open door to include any beneficiary from all Riyadah's services. Finally MNCC head Major General Nasir bin Muhaya Almutairy stated that it's a great chance to indicate what opportunities the country offers to its citizens in starting their businesses.









Arab News

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