• Ambition Franchise Program

    21/04/2022

    Gentlmen/ Members of the Chamber

    Greetings​​​

    Asharqia Chamber presents you with its best regards, and informs you of receiving the letter of the Federation of Saudi Chambers No. (43504178) dated 19/9/1443 AH, indicating that the Federation of Chambers received an email from the General Authority for Small and Medium Enterprises represented by the Center for Excellence on 04/17/2022 AD,​ This includes the definition of the "Ambition for Commercial Franchise Program", which is presented by the authority. The aim of the program is to encourage companies to develop their brand to work in the commercial franchise system, noting that the program aims to support about (50) fifty brands wishing to develop their franchise model without any fees, but Under specific conditions, as the Authority states that the development includes: (operational manuals, commercial concession agreement, disclosure document, financial model, strategic planning for expansion). It is also possible to benefit from the commercial franchise ambition program by visiting the following website:

    (https://emtiyaz.sa/ar/emtiyaz-tomoh-program)

    For more details, you can contact the representative of the authority, Mr. Majid Al-Khalifah, via mobile: 0543441035, e-mail: mkhalifah@monshaat.gov.sa.​


    Sincerely yours


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