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Friday, May 03, 2024

Shura Council Urges "Monsha'at" to Empower Government Employees in Entrepreneurship

The Shura Council has called upon the Small and Medium Enterprises General Authority (Monsha'at), in coordination with the Ministry of Human Resources and Social Development, to study ways of empowering government employees interested in venturing into entrepreneurship.
This includes the possibility of granting an "entrepreneurship leave" and reviewing the necessary legislative and procedural tools, in accordance with the best regional and global practices.

Furthermore, the council has asked Monsha'at to work closely with the General Authority for Statistics and the Saudi Data and Artificial Intelligence Authority to continually update and make their statistical data available within set guidelines. This effort aims to support small and medium-sized enterprises (SMEs) and entrepreneurs in planning to increase productivity. The council also emphasized the importance of coordination with the Vision Realization Offices and related authorities to develop sustainable policies and mechanisms. These efforts will enable SMEs to contribute to the supply chains of major projects and achieve the targets of the approved national strategies.

In a session held on Tuesday under the chairmanship of Dr. Meshal Al-Salami, the council also addressed the Premium Residency Center, urging it to develop operational policies and mechanisms that ensure a synergy between the types of premium residencies offered, the targeted segments, and the approved national programs and strategies. The council highlighted the need for the center to refine its methods for collecting information on those qualified for premium residency, their nomination, and marketing its products. This includes collaboration among various sectors (government, private, or non-profit) and coordinating with relevant entities to develop and periodically update indicators measuring the economic, employment, and investment impacts of the premium residency products.

The Shura Council, after hearing a report from the Islamic and Judicial Affairs Committee regarding the annual report of the Supreme Judicial Council for the fiscal year 1444/1445 AH, emphasized the need for the latter to issue regulations related to the judicial function as per the stipulation. Additionally, the council discussed the annual report of the Saudi Accreditation Center, advocating for the development of procedural, regulatory, and awareness tools necessary for implementing systems and regulations in accreditation domains. This aims to enhance consumer protection and maintain public health and safety, aligning with the Saudi Vision 2030 infrastructure goals and approved national strategies.

Lastly, the council reviewed the annual report of the National Center for Water Efficiency and Conservation for the fiscal year 1444/1445 AH, after receiving input from the Water, Agriculture, and Environment Committee. The members proposed various observations and opinions, including the suggestion to conduct a comprehensive hydrological study for urban areas in the Kingdom to establish strategic rainwater storage projects ensuring sustainability and efficient water resource management.

This meeting reflects the Shura Council's ongoing commitment to improving the legislative and procedural environment in support of entrepreneurship, judicial operations, quality accreditation, and water efficiency in Saudi Arabia.
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