Riyadh – Exclusive Sharikat Mubasher: Rizal Nainy, CEO at SME Corporation Malaysia, a Government Agency that is mandated to spearhead the development of small and medium enterprises, praised the success of this year’s edition of Biban conference, for enhancing the engagement between SMEs, either local or international, including Malaysian participants. The official expressed his wish to take part in the next year’s edition as well.
On the Sidelines of the Biban 24 Conference, which took place from 5 to 9 November, Nainy added that SME Corporation Malaysia signed a Memorandum of Understanding with Monsha'at on the 5th of November during the conference, asserting that he would like to see Malaysian and Saudi SMEs engaging in good cooperation and collaborative ties in terms of exchanging information and knowledges, as well as enhancing the technical innovative cooperation in order to achieve productivity.
Nainy also said that he would like to further deepen cooperation with The Small and Medium Enterprises General Authority (Monsha'at), not only in the context of SME development but also in areas of renewable energy and how to find storage solutions for it. Moreover, the official added that he would like to develop areas of discussion concerning the strengths of both economies; oil& gas in Saudi Arabia and electrical electronics in Malaysia as well as IT solutions, that can be leveraged for both countries.
SME Corporation Malaysia (SME Corp. Malaysia) is the central coordinating agency (CCA) under the Ministry of Entrepreneur & Cooperatives Development (MECD) that coordinates the implementation of development programs for small and medium enterprises (SMEs) across all related Ministries and agencies in Malaysia. It acts as the central point of reference for research and data dissemination on SMEs and entrepreneurs, as well as provides business advisory services for SMEs and entrepreneurs throughout the country.
Worth mentioning that Biban 2024, Saudi Arabia’s flagship event for startups and entrepreneurs, kicked off last Tuesday under the theme ‘Global Destination for Opportunities,’ with the participation of more than 1,350 local and international exhibitors, over 250 speakers, and more than 150 enablement entities from around the world.