logo
logo
Menu
  • Home
  • TRAVEL
  • HOTELS
  • RESTAURANTS
  • FOOD RETAIL
  • TECH NEWS
  • EXECUTIVE TALKS
  • EVENTS
  • Home
  • TRAVEL
  • HOTELS
  • RESTAURANTS
  • FOOD RETAIL
  • TECH NEWS
  • EXECUTIVE TALKS
  • EVENTS

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

Facebook Twitter Instagram YouTube LinkedIn
Saturday, September 23
Facebook Twitter Instagram YouTube LinkedIn
Eat ‘N StaysEat ‘N Stays
  • Home
  • TRAVEL
  • HOTELS
  • RESTAURANTS
  • FOOD RETAIL
  • TECH NEWS
  • EXECUTIVE TALKS
  • EVENTS
Home»Tech News»Visa, Monsha’at sign MoU at Biban 2023 to build SME capacity for digital economy in line with Saudi Vision 2030 
Tech News

Visa, Monsha’at sign MoU at Biban 2023 to build SME capacity for digital economy in line with Saudi Vision 2030 

Eat 'N StaysBy Eat 'N StaysMarch 11, 2023No Comments2 Mins Read140 Views
Facebook Twitter Pinterest LinkedIn Telegram Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

·   Visa and Monsha’at sign agreement that aims to foster an environment that empowers Saudi SMEs with digital capabilities and business skills to drive economic growth in accordance with Saudi Vision 2030

Riyadh, KSA –  Visa (NYSE: V), the world’s leader in digital payments, today signed a Memorandum of Understanding (MoU) with the General Authority for Small and Medium Enterprises, Monsha’at, aimed at bolstering the entrepreneurial environment for small and medium-sized enterprises (SMEs), driving inclusive economic expansion, and enabling widespread adoption of digital capabilities in the Kingdom of Saudi Arabia (KSA).

The MoU was signed by Ali Bailoun, Visa’s Regional General Manager for Kingdom of Saudi Arabia, Bahrain, and Oman and Saud Alsabhan, Vice Governor of Entrepreneurship at Monsha’at, at Biban 2023, KSA’s largest start-up, SME, and entrepreneurship conference.

Ali Bailoun, Visa’s Regional General Manager for Kingdom of Saudi Arabia, Bahrain, and Oman, said: “Local businesses want to accelerate their digital journeys. However, our research indicates they require additional support to strengthen their digital capabilities. Visa is therefore delighted to partner with Monsha’at to empower SMEs in Saudi with the skills and resources they need to thrive in a digital-first world. The MoU also underlines our joint role to help drive inclusive economic growth in line with the government’s 2030 vision to create a cashless economy.”
Mohammed Alamro, General Manager of Entrepreneurship Planning at Monsha’at, said: “We are excited to be embarking on such a crucial journey for the KSA economy alongside digital payments leader Visa. With our collective visions, knowledge sharing, best practices, and resources, we aim to drive the digitization of the SME community while diversifying Saudi’s economic output – an achievement that will enable the Kingdom to set a benchmark for accelerated economic output driven by wide-spread adoption of digital capabilities.”

Paving the way for long-term cooperation, the MoU between Visa and Monsha’at will develop and implement joint programs that will focus on digital transformation, enhancement of digital literacy with specific focus on SMEs, as well as on the economic empowerment of female entrepreneurs.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Eat 'N Stays
  • Website

Related Posts

Bigo Live Presents “Our Day is Saudi” – A Grand Celebration of KSA National Day

September 22, 2023

Mazadak X MoEngage: Redefining Online Auctions with Data-Driven, Targeted, and Personalized Approaches

September 22, 2023

Avaya to Demonstrate Transformative AI Capabilities on Operations and Experiences at GITEX Global 2023

September 19, 2023

Featuring a Fresh Breed of Young Content Creators and Creative Storytellers, blinx Digital Media Hub Launches to Empower Middle Eastern Youth with Elevated Storytelling and News

September 15, 2023

LG celebrates International Day of Clean Air for Blue Skies with dedicated lineup of Air Purifiers

September 11, 2023

GoDaddy Studio Adds AI-Powered Instant Video Capabilities, Helping Entrepreneurs Quickly Create Engaging Videos to Grow their Businesses

September 6, 2023

Comments are closed.

Advertisement
 Advertise
Eat ‘N Stays
Facebook Twitter Instagram Pinterest YouTube Dribbble
  • Home
  • About Us
  • Contact Us
  • Archive
© Copyright © 2023, Eat ‘N Stays. All rights reserved.

Type above and press Enter to search. Press Esc to cancel.

Stay ahead and get up to date coverage of your industry news and trends.
Eat ‘N Stays is owned by: VELVET HOSPITALITY 

Contact Details

  • KSA: +966 509749018
  • UAE: +971 504023725
  • Email us
  • Contact us for Advertisement
Facebook Twitter YouTube LinkedIn Instagram

Our Picks

International Dumpling Day Deal on 26th September All-You-Can-Eat Dumplings at just AED 59 at China Bistro!

September 23, 2023

“Soul Kitchen” Opens its Doors in Dubai Unique Flavors and Unforgettable Experiences!

September 23, 2023

Saudi National Day 93 All-day Brunch at Park Hyatt Jeddah

September 22, 2023
© Copyright © 2023, Eat ‘N Stays. All rights reserved.
  • Privacy Policy
  • Archive
  • About us
  • Contact us