• Asharqia Chamber signs a Memorandum of Understanding with the Social Development Bank to improve the financial culture of owners of small institutions.

    17/08/2017

               Asharqia Chamber signed a Memorandum of Understanding with the Social Development Bank to improve the financial culture of owners of small institutions.

    Asharqia Chamber and the Social Development Bank signed a Memorandum of Understanding on Monday (14 August 2017) to implement training programs aiming at raising the level of "financial culture" according to scientific principles.

    The memorandum was signed by the Secretary General of the Chamber Abdulrahman bin Abdullah Al Wabel and the representative of the Bank, Dr. Abdullah bin Abdulrahman Al Namla.

    The secretary-general of Al-Ghafrah Abdulrahman bin Abdullah Al Wabel said that the signing of this memorandum "from the direction of the Chamber represented by the management of small and medium institutions in supporting the owners of these facilities and to provide all ways to make their projects successful and improve their skills and information. Free labor with modern methods.

     
    Al-Wabel said that this memorandum reflects the desire of the two parties to cooperate in order to raise awareness of the private sector investors about the important aspects of developing the skills of owners of small and medium institutions.

    The memorandum specifies the functions of Asharqia Chamber in nominating the trainees from the project owners for the specialized training programs and activities (in agreement with the representatives of the bank) and providing the appropriate premises as available for joint activities and activities for the purpose agreed in the memorandum within the appropriate schedules of the parties.

    On the other hand, the memorandum defines the most important commitments of the bank in providing scientific material, activities, education and awareness programs in the economic field to serve the small and medium institutions, as well as providing lecturers, trainers, material and publications.

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