• Introduction to an ambitious program for business franchise

    25/08/2022

    ​Gentlemen/ Members of the Chamber

    Greetings,

    Asharqia Chamber presents you with its best regards and informs you that it has received the letter of the Federation of Saudi Chambers No. (44100305) dated (1/25/1444 AH), regarding an email from the General Authority for Small and Medium Enterprises on (22/8/2022 AD), It includes the authority's desire to support the Monshaat initiative related to commercial franchise, by introducing the "Ambition for Commercial Franchise Program" presented by the authority represented by the Center for Commercial Franchise. A commercial company willing to develop its commercial franchise model without any fees, but with specific conditions, and since the development includes: 

    Operational evidence.
    Franchise Agreement.
    Disclosure document.
    financial model.

    Hence, the Federation hopes that interested entrepreneurs will benefit from the program. For more information, please visit the website of the Authority's Centre of Excellence:​ (https://emtiyaz.sa/ar/emtiyaz-tomoh-program). 


    Sincerely yours




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