{"id":7945,"date":"2015-11-10T11:44:32","date_gmt":"2015-11-10T08:44:32","guid":{"rendered":"http:\/\/www.amlak.net.sa\/?p=7945"},"modified":"2015-11-10T11:44:32","modified_gmt":"2015-11-10T08:44:32","slug":"%d8%a8%d8%b1%d9%86%d8%a7%d9%85%d8%ac-%d8%aa%d9%85%d9%88%d9%8a%d9%84-%d8%a7%d9%84%d9%85%d9%86%d8%b4%d8%a2%d8%aa-%d9%8a%d9%88%d9%82%d8%b9-%d9%85%d8%b0%d9%83%d8%b1%d8%a9-%d8%aa%d9%81%d8%a7%d9%87","status":"publish","type":"post","link":"https:\/\/amlak.net.sa\/en\/7945\/","title":{"rendered":"SME Finance Program signs MoU with Tawuniya for SME risk management and protection"},"content":{"rendered":"

The Small and Medium-Sized Enterprise (SME) Financing Guarantee Program signed a joint memorandum of understanding with Al-Taawuniya Insurance Company, This collaboration is also the first of its kind in developing mechanisms for sharing, exchanging, and analyzing data and information that will foster the growth and development of the SME sector, particularly in the insurance field, thereby enabling the efficient analysis and management of risks associated with small and medium-sized enterprises, This is due to the significant role these enterprises play in the national economy, as they account for more than 90% of the total number of economic enterprises in the Kingdom and contribute approximately 28% to the gross domestic product.<\/span>.<\/span><\/p>\n

The memorandum was signed by Eng. Osama Al-Mubarak, Head of the \u00abKafala\u00bb Program, and Mr. Raed bin Abdullah Al-Tamimi, CEO of \u00abAl-Taawuniya Insurance Company,\u00bb at Al-Taawuniya\u2019s headquarters in Riyadh. The initiative is the first of its kind in the Kingdom to provide insurance protection in support of small and medium-sized enterprises (SMEs) whose risks are guaranteed by the Kafala Program, under which insurance coverage is provided for various business sectors.<\/span>.<\/span><\/p>\n

In a separate context, Al-Mubarak, head of the \u201cKafala\u201d program, emphasized that \u201cthat the program\u2019s role is not limited to providing guarantees to lenders and encouraging them to provide financing to the small and medium-sized enterprise (SME) sector, but extends to strengthening integration and cooperation with relevant entities to support SME owners by helping them secure all the resources necessary for the success of their businesses throughout the Kingdom, streamlining procedures, and providing moral support in the form of guidance and training for young entrepreneurs, both men and women.\u201d<\/span>\u201c.<\/span><\/p>\n

Meanwhile, Mr. Raed bin Abdullah Al-Tamimi, CEO of Al-Taawuniya Insurance Company, expressed the company\u2019s pride in signing this memorandum of understanding, which contributes to activating mechanisms to support national projects and transferring its extensive insurance expertise to owners of small and medium-sized enterprises, and enhance their ability to identify project risks and manage them effectively\u2014ensuring comprehensive protection for their operations, greater resource efficiency, and better management of anticipated risks\u2014especially since the agreement allows for the provision of insurance training and educational programs between the two parties<\/span>.<\/span><\/p>\n

\u00a0<\/span><\/p>","protected":false},"excerpt":{"rendered":"

Reading time: <\/span> < 1<\/span> Minute<\/span><\/span>The SME Financing Guarantee Program signed a joint memorandum of understanding with Al-Taawuniya Insurance Company, and this collaboration is also the first of its kind in the field of developing mechanisms for sharing, exchanging, and analyzing data and information that will foster the growth and development of the SME sector, particularly in the insurance sector, thereby enabling the efficient analysis and management of risks associated with small and medium-sized enterprises, This is because \u2026 Read more<\/a><\/p>","protected":false},"author":10,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"0","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":0,"_seopress_analysis_target_kw":"","_seopress_news_disabled":"","_seopress_video_disabled":"","_seopress_video":[],"_seopress_pro_schemas_manual":[],"_seopress_pro_rich_snippets_disable_all":"","_seopress_pro_rich_snippets_disable":[],"_seopress_pro_schemas":[],"footnotes":""},"categories":[120],"tags":[],"class_list":["post-7945","post","type-post","status-publish","format-standard","hentry","category-capital-markets"],"acf":{"amlak_post_excerpt":"","amlak_post_excerpt_source":{"label":"Amlak post excerpt","type":"text","formatted_value":""}},"featured_image_urls":{"full":"","thumbnail":"","medium":"","medium_large":"","large":"","1536x1536":"","2048x2048":"","trp-custom-language-flag":"","event-thumbnail":"","event-medium":"","event-large":"","event-hero":""},"author_info":{"info":["\u0627\u0645\u0644\u0627\u0643 \u0627\u0644\u0639\u0642\u0627\u0631\u064a\u0629"]},"category_info":"\u0623\u0633\u0648\u0627\u0642 \u0627\u0644\u0645\u0627\u0644<\/a>","tag_info":"\u0623\u0633\u0648\u0627\u0642 \u0627\u0644\u0645\u0627\u0644","comment_count":"0","_links":{"self":[{"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/posts\/7945","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/comments?post=7945"}],"version-history":[{"count":0,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/posts\/7945\/revisions"}],"wp:attachment":[{"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/media?parent=7945"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/categories?post=7945"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/tags?post=7945"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}