Riyadh Valley Company, represented by its CEO, Dr. Khalid bin Saad Al-Saleh, signed a Memorandum of Understanding with the Abha Chamber of Commerce and Industry, represented by its Secretary-General, Mr. Mushabab bin Ahmed Abu-Aashi, on Tuesday, August 13, 2024.
The signed Memorandum of Understanding aims to cooperate between the two parties in implementing workshops, holding specialized sessions and meetings to exchange experiences, as well as organizing local or international events and conferences.
From his side, CEO Dr. Khalid Al-Saleh explained that the signing of the Memorandum of Understanding with the Abha Chamber of Commerce and Industry comes within the framework of achieving some of the goals of Riyadh Valley Company, which are to contribute effectively to the development of the knowledge economy, through the transfer of knowledge in the fields of investment through partnership between educational and research institutions and the business community.
In this context, the Secretary-General of the Abha Chamber,Mr.Mushabab bin Ahmed Abu-Aashi, affirmed that this Memorandum is part of the Chamber’s strategy to support entrepreneurs, increase the effectiveness of small and medium-sized enterprises in the region, and achieve the Chamber’s strategic vision, which is “to be the leading chamber in Abha in stimulating business and a distinguished platform for investors”.
Riyadh Valley Company is King Saud University’s investment arm in the knowledge economy and the University’s projects. It is a local and international strategic investor in early-stage and growth-stage companies that serve the economy in line with the Kingdom’s Vision 2030.