Riyadh - Sharikat Mubasher: Saudi Arabia’s Small and Medium Enterprises General Authority (Monsha’at) signed a cooperation agreement with the Ministry of Human Resources and Social Development (HRSD) to promote entrepreneurship culture in the Kingdom, the authority announced in a statement.

According to the agreement, both parties will join efforts to foster economic cooperation and diversify the financial support sources of Monsha’at.

The agreement targets enabling individuals to enter the labor market by providing necessary services, consultancies, and training, in addition to launching business incubators and accelerators.