Female entrepreneurs go for Islamic financing

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The conference aimed to address Islamic financial support to small and medium enterprises, which is necessary to achieve economic diversification as part of Vision 2030. (AN photo by Huda Bashatah))
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conference aimed to address Islamic financial support to small and medium enterprises, which is necessary to achieve economic diversification as part of Vision 2030. (AN photo by Huda Bashatah)
Updated 23 December 2017
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Female entrepreneurs go for Islamic financing

JEDDAH: Under the patronage of Princess Lolowah Al-Faisal, Effat University hosted the Third International Islamic Finance Conference on Thursday at the university’s campus.
Participants included many academic and financial leaders, as well as specialists in Islamic banking and finance, and entrepreneurship inside the Kingdom and abroad.
The conference aimed to address Islamic financial support to small and medium enterprises, which is necessary to achieve economic diversification as part of Vision 2030.
Dr. Samar Khan, the dean of the business college at Effat University, said that the need for small and medium institutions is growing to achieve the goals of Vision 2030.
Khan added that the world in general, and Saudi Arabia in particular, is working hard to increase the number of young entrepreneurs and to support them.
She said support had been provided through workshops, training and financial assistance to help entrepreneurs start their projects. She encouraged young people to establish their own projects because the Kingdom is fertile ground at the moment for all projects in the public and private sectors.
Prince Saud bin Khalid Al-Saud, the co-founder and member of the board of directors of CBX Unit LLC, N.L., said he was honored to attend the conference, pointing out the long history of Effat University, which is known for its exceptional achievements.


Future leaders key to achieve ‘Vision 2030’

Updated 11 min 4 sec ago
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Future leaders key to achieve ‘Vision 2030’

JEDDAH: Saudi Minister of Civil Service and Chairman of the Institute of Public Administration Sulaiman Al-Hamdan inaugurated the “Developing Future Leaders” roundtable on Wednesday. 

“The Kingdom achieved a distinguished civilizational status due to the wise developmental policies adopted by King Salman’s government as part of its engagement to move forward and achieve more successes and allow the Kingdom to assume its proper regional and international position,” Al-Hamdan said.

“I hope this event will reflect positively on the Kingdom’s administrative development process through the achievement of its objectives,” he said, noting that “the Kingdom’s strategic approach and ambitious vision pose an unprecedented challenge to the civil service system on various levels.”

“The ministry sought to provide an integrated human resources management system by empowering government agencies to effectively play their developmental roles. It did so through a series of directives such as reviewing and developing the executive regulations of the civil service system.”

Dr. Mushabab Al-Qahtani, the institute’s director general, noted that “preparing a second generation of leaders will greatly contribute to the achievement of the Kingdom’s vision.” 

“The subjects of this event aim at highlighting the importance of developing future leaders while discussing the latest means to do so and the role of current leaders in the process,” he said.

“The Kingdom, with the directives of its wise leadership, drew a road map leading to the future national development. It accorded great attention to building and developing human capital,” he added, pointing out that “King Salman’s government greatly focused on administrative and human capital development. This stresses its keenness to develop future leaders through diverse projects, plans and initiatives in order to achieve a sustainable development.”