Riyadh: The Small and Medium Enterprises General Authority ‘Monsha’at’ signed a cooperation agreement with SCCC Alibaba Cloud during the third day of the Biban24 Forum, organized by Monsha’at under the theme “Global Destination for Opportunities.” The forum is being held at Riyadh Front Exhibition and Conference Center from November 5 to 9. The agreement was signed by Monsha’at’s Vice Governor for SME Services Rayan Alfayez and SCCC chief business excellence officer Abdulrahman Alhomood.

According to Saudi Press Agency, the agreement aims to offer specialized workshops to enhance technical skills and provide cloud solutions that help small and medium enterprises (SMEs) adopt digital transformation and improve their operations. The Biban24 Forum is witnessing several launches and agreements with a direct impact on the entrepreneurship sector in various industries. Such initiatives aim to support investment in SMEs, stimulate their growth, and create numerous startups in the local market through diverse financ
ing solutions.