SDB to host annual Empretec meeting in Riyadh 

Thank you for reading the news about SDB to host annual Empretec meeting in Riyadh  and now with the details

Jeddah - Yasmine El Tohamy - RIYADH: The Social Development Bank is set to host the UN’s annual Empretec meeting in Riyadh on Oct. 21-22. 

Empretec is the flagship capacity-building program of the UN established by the UN Conference on Trade and Development to promote SMEs. 

Its core mission is to enhance personal entrepreneurial capabilities, foster ‎sustainable and competitive micro, small and medium-sized enterprises, stimulate local ‎development, generate employment opportunities and contribute to social improvement.

The meeting’s program includes a review of achievements, initiatives, success stories, panel discussions and specialized consultations designed specifically for business owners, entrepreneurs and freelancers.

Fahad Alarjani, a researcher in entrepreneurship, told Arab News that the positive outlook for the future of the economy had increased due to the large influx of government and economic initiatives and huge development projects. 

Fahad Alarjani, a researcher in entrepreneurship. (Supplied)

“This is in addition to the clear facilitation in government policies for establishing companies, attracting foreign investors, improving the investment environment, continuing support for entrepreneurs,” he said. ‏

Alarjani‎, who is also executive board member at the Saudi-Chinese Business Council and the head of the ‎entrepreneurship committee‎, said that “Saudi Arabia has become a clear example of an economy that has invested generously in improving the entrepreneurship environment in recent years.” 

“The Kingdom also dedicated huge investments in advancing the entrepreneurship system and its infrastructure, such as various services in the communications and information technology sectors, cloud technologies and emerging technologies,” he said.

Established in 1988, the Empretec annual meeting is an international program under the UNCTAD ‎umbrella. Introduced in Saudi Arabia by the SDB in 2013, the program is exclusively owned ‎by UNCTAD. This is the first time that this important event has been hosted outside Geneva. 

The Social Development Bank delivers a comprehensive suite of financial and non-financial services, conducts savings-awareness programs for citizens, offers capacity-building initiatives and workshops for ‎entrepreneurs and emerging enterprises — all geared toward empowering various segments ‎of society in their social and economic pursuits.

These were the details of the news SDB to host annual Empretec meeting in Riyadh  for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.

It is also worth noting that the original news has been published and is available at Arab News and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.

NEXT Saudi deputy FM, UK minister discuss travel scheme for Saudi visitors

Author Information

I am Jeff King and I’m passionate about business and finance news with over 4 years in the industry starting as a writer working my way up into senior positions. I am the driving force behind Al-KhaleejToday.NET with a vision to broaden the company’s readership throughout 2016. I am an editor and reporter of “Financial” category. Address: 383 576 Gladwell Street Longview, TX 75604, USA Phone: (+1) 903-247-0907 Email: [email protected]