Saudi Arabia and Oman to discuss SMEs development agreement

RIYADH: Saudi Arabia officials are set to discuss with their Omani counterparts the drafting of an agreement surrounding small and medium enterprises in the two countries.

The memorandum of understanding will be between the Public Authority for SMEs in the Kingdom and the SMEs Development Authority in Oman.

The MoU is part of Saudi Arabia’s efforts to boost entrepreneurship and diversify the economy as part of its Vision 2030 strategy.