• The MoU was signed on the sidelines of the Inspiring Entrepreneurs Forum
  • The MoU reflects the commitment of both the private and academic sectors to support entrepreneurship and promote economic development
  • The MoU will enable female PNU’s students and affiliates to access self-employment and entrepreneurship services.

Abdul Latif Jameel Finance, Saudi Arabia, a leading provider of innovative financing solutions and services, announced the signing of a Memorandum of Understanding (MoU) with the Innovation and Entrepreneurship Center at Princess Nourah Bint Abdulrahman University (PNU).  The MoU was signed on the sidelines of the Inspiring Entrepreneurs Forum held recently at PNU’s Conference and Seminar Center in Riyadh.

Reflecting the commitment of both the private and academic sectors to support entrepreneurship and promote economic development, the MoU covers several areas of cooperation.  It focuses on financing small and micro enterprises, promoting a culture of social responsibility, and supporting productive families. It also aims to spur a community movement that contributes to the Saudi Vision 2030.

This collaboration comes as part of the Kingdom’s efforts to provide everything necessary to support entrepreneurship and the startup ecosystem.  It will drive development to achieve the national goals of economic sustainability, creating job opportunities for the nation’s youth, and contributing to the local economy.