Saudi Arabia to convene virtual G20 summit on coronavirus

Journalists sit in the media center during the meeting of G20 finance ministers and central bank governors in Riyadh, Saudi Arabia, February 22, 2020. (Reuters)
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Updated 18 March 2020

Saudi Arabia to convene virtual G20 summit on coronavirus

  • The G20 leaders will put forward a coordinated set of policies to protect people and safeguard the global economy

RIYADH: Saudi Arabia said on Tuesday it would convene a virtual summit next week bringing together the leaders from the Group of 20 major economies (G20) to address the coronavirus pandemic.

The G20 leaders will put forward a coordinated set of policies to protect people and safeguard the global economy.

The summit will build on efforts by finance ministers and bank governors from the G20, as well as senior health, trade and foreign ministries to determine the much needed steps in fighting the pandemic.


Forsah platform registers over 9,000 Saudi SMEs

Updated 7 min 23 sec ago

Forsah platform registers over 9,000 Saudi SMEs

RIYADH: The Human Resources Development Fund (Hadaf) announced that the number of small and medium-sized enterprises (SMEs) registered on the Forsah platform for the 9/10ths Program has increased to 9,210 enterprises, and the total published value has exceeded SR526 million ($140 million).

Hadaf launched the program, which aims to support entrepreneurship and SMEs through its electronic services, in August 2016.

The Forsah platform is a link between buyers and suppliers, enabling the former to place orders electronically, which reach many accredited SME suppliers throughout the Kingdom so that these enterprises can bid on the basis of the field.

Hadaf urged business owners and Saudi professional entrepreneurs in technical fields and disciplines to electronically register on the platform.

The 9/10ths Program offers several online platforms including Forsah, Tojjar, Bahr, Kanaf, Zadd, Atwar, Made in KSA, and Akshak Tojjar. All of these platforms aim to change Saudi work culture by encouraging entrepreneurship and SMEs and empowering individuals to create new jobs through innovation.