30/03/2011
Memorandum of Understanding between Asharqia Chamber and SAGIA in support of SME
Provide facilities in government procedures for young investors through SAGIA service centers
On the sideline of the SME's Forum being held at the chamber; AsharqiaChamber signed a memorandum of understanding with the General Authority for Investment (SAGIA) in support of small and medium enterprises.
The agreement was signed yesterday by both of Chamber Secretary General Abdulrahman bin AbdullahAl Wabel and Head of Marketing and Media of SAGIA Fahad Hamid Al-Deen ;in which all parties to cooperate with each other to support small and medium enterprises and entrepreneurs and organizing of programs and joint activities to provide technical and advisory support and provide requiredfacilities in the government's procedures through the affiliated service centers of SAGIA or graduates of the chamber programs in training small investors.
Agreement also require to nominate candidates of the chamber graduates in its programs of training the small investors who will serve through service centers.
Nevertheless; agreement require SAGIA to receive graduates of chamber program (Training Small Investors) wishing to start their investment projects and give them the necessary licenses from government authorities that does not exceed the 70 candidates per year, also to conduct regular meetings between the parties in order to identify the challenges faced by owners of small and medium enterprises and how to overcome them.
