ABU DHABI, (WAM) — Emirati Entrepreneurs Association and the Executive Council of Young Businessmen in the East in Saudi Arabia have signed a Memorandum of Understanding, MoU, in order to promote joint cooperation to develop appropriate and healthy working environments for young entrepreneurs in both countries.
The MoU was signed at the headquarters of the Khalifa Fund for Enterprise Development by Sanad Mohamed Al Meqbali, Chairman of Emirati Entrepreneurs Association and Musaed Zamel Al Zamel, Chairman of Executive Council of Young Businessmen in the East in Saudi Arabia in the presence of a number of entrepreneurs and officials from the Khalifa Fund.
The memorandum provides exchange of features and services offered to members of both sides of the facilities and technical support. It is also considered as a framework for joint action between the parties, determines the ways of cooperation and exchange of information and experiences that will support and enhance the work environment and create a climate for the success and development of small and medium enterprises in both countries.
After the signing ceremony Mr. Al Meqbali said, “This agreement is the first step for wider collaboration with Executive Council of the youth of Eastern businessmen in Saudi Arabia.”
“The Executive Board of the young people of Eastern businessman has a good experience and expertise can benefit from them, especially in the field of building a network of relationships between entrepreneurs and to unite their efforts in facing market challenges,” he added, pointing out that Emirati Entrepreneurs Association will continue to support the establishment of self-employment and continuity and exchange of experiences in the field of youth work business councils in various countries around the world.
“The agreement is aimed at exchanging experiences and learn about the programmes of the members of the Young Businessmen Council in the UAE, and to find a mechanism to stimulate the participation of the Saudi’s youths in events held in the UAE, as well as to invite other youths in the UAE to participate in the activities of the Council,” said Mr. Al Zamel.
WAM/AAMIR/Moran
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