Al Munawara Industrial City

HRH Prince Faisal Bin Salman Launches One Billion Riyals Endowment to Support SMEs in Saudi Arabia

Strategic partnerships between government agencies and private entities to support one of the largest SMEs accelerators in the Middle East

22 September, 2014: HRH Prince Faisal Bin Salman, Governor of Madinah, launched Namaa Al Munawara, a non-profit organisation that serves as the implementation arm of Al Munawara Endowment, known as Waqf Al Munawara, developed to support and to empower the SME sector in Madinah region, in an event that took place at Taibah University.