Monsha’at launches new training programs to empower Saudi entrepreneurs

Under this Monsha’at Academy initiative, entrepreneurs will receive guidance on how to catalyze the growth of their operations, as well as enhance product and store management. Supplied
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Updated 23 October 2023
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Monsha’at launches new training programs to empower Saudi entrepreneurs

RIYADH: A series of specialized training programs has been introduced to empower Saudi entrepreneurs with the essential skills needed to initiate their ventures. 

The General Authority for Small and Medium Enterprises, also known as Monsha’at, has announced these courses to cater to business owners in the micro, small, and medium-sized enterprises sector. 

Under this Monsha’at Academy initiative, entrepreneurs will receive guidance on how to catalyze the growth of their operations, as well as enhance product and store management, according to a report by the Saudi Press Agency. 

The initiative aims to assist enterprises in making informed investment decisions and acquaint them with various financing solutions. 

Monsha’at has urged small businesses to take advantage of this opportunity, as the training program will enable them to manage their operations effectively, ultimately contributing to Saudi Arabia’s economic diversification goals as outlined in Vision 2030. 

Saudi SMEs are poised to play a significant role in achieving the Kingdom’s objectives of reducing the unemployment rate from 11.6 percent to 7 percent and increasing women’s workforce participation from 22 percent to 30 percent by the end of this decade. 

In August, a report released by Monsha’at indicated a 2.6 percent increase in the Saudi small business landscape during the second quarter of 2023, with the number of such firms growing from 1.2 million in the first quarter to 1.23 million. 

The report further highlighted that, at the end of the second quarter of this year, Saudi Arabia had 17,888 medium-sized companies, 152,825 small-sized establishments, and 1.06 million micro-sized firms. 


Pakistan president visits Balochistan, vows to establish state’s writ amid surging attacks

Updated 3 min 47 sec ago
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Pakistan president visits Balochistan, vows to establish state’s writ amid surging attacks

  • Separatist militants last week hijacked train in Balochistan, holding hundreds hostage
  • President demands modern weapons for law enforcement agencies to strengthen security 

ISLAMABAD: Pakistan’s President Asif Ali Zardari visited Balochistan’s Quetta city on Wednesday to review the law and order situation in the province, vowing that the state would establish its writ there despite surging militant attacks in recent days. 

Zardari’s visit to Quetta takes place as Pakistan struggles to contain militant attacks in the southwestern province, where separatists last week hijacked a train and held hostage hundreds of passengers. The military launched an operation and, after a day-long standoff, rescued 354 captives and killed 33 insurgents. A final count showed 23 soldiers, three railway employees and five passengers had died in the attack.

Zardari arrived in Quetta on a day-long visit with his son and Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto-Zardari on Wednesday. The two attended a meeting with Balochistan Chief Minister Sarfraz Bugti to review the security situation in the province. 

“President Asif Ali Zardari says the terrorist elements will be defeated at all costs and writ of the state will be ensured in Balochistan,” state broadcaster Radio Pakistan said. 

The Pakistani president said “terrorists” want to divide the nation, vowing they would never succeed in their ambitions. 

“The president said that modern arms would be provided to the Counter-Terrorism Département and other law enforcement institutions to strengthen security efforts,” the state broadcaster reported. 

Balochistan is Pakistan’s largest province by land but its most backward by almost all economic and social indicators. For decades it has been plagued by a low-level insurgency by militants fighting for a greater share of the province’s wealth.

Separatist militants, such as the Baloch Liberation Army (BLA) accuse the central government of denying locals a share of Balochistan’s mineral resources. The federal government and the military strongly deny these accusations, and say they have launched several projects in the province to support its development. 

Militant violence has persisted in the province after the train hijacking. Three paramilitary soldiers among five people were killed in a suicide attack in Balochistan’s Nushki district on Sunday. 

A top parliamentary panel on national security met in Islamabad on Tuesday to discuss surging attacks in Balochistan. The panel stressed the need for a national consensus to counter militancy, calling for a unified political stance to confront the threat with “full force of the state.”


Egyptian child with parasitic twin arrives in Saudi Arabia for possible separation surgery

Updated 21 min 58 sec ago
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Egyptian child with parasitic twin arrives in Saudi Arabia for possible separation surgery

  • Parents thank the Saudi Conjoined Twins Program and the Kingdom’s leaders for their help and the care and attention their son has received
  • The boy was taken to King Abdullah Specialist Children’s Hospital in Riyadh for assessment by a medical team led by Dr. Abdullah Al-Rabeeah

RIYADH: Mohammed Abdulrahman Juma, a child from Egypt with a parasitic twin, flew with his family to Riyadh on Wednesday for examination by a Saudi medical team to assess whether separation surgery is possible.

It followed directives from King Salman and Crown Prince Mohammed bin Salman that the Kingdom help care for the child.

Dr. Abdullah Al-Rabeeah, the head of the medical team at King Abdullah Specialist Children’s Hospital, and also an advisor to the Royal Court and Saudi aid agency KSrelief, thanked the Kingdom’s leaders for their support of this humanitarian case. He also acknowledged their backing of the Saudi Conjoined Twins Program, which provides assistance to critical cases worldwide.

Mohammed’s parents said they deeply appreciated the help provided by the program and the Saudi leaders, and the care and attention they have received, the Saudi Press Agency reported.

A parasitic twin, also known as vestigial twin, is an identical twin that stopped developing during gestation but is physically attached to the fully developed twin. Because it is not fully developed, it cannot survive on its own and often dies in the womb or during birth.


US envoy predicts Ukraine ceasefire in ‘couple of weeks’

Steve Witkoff, White House special envoy, speaks during a television interview outside the White House, Wednesday, March 19.
Updated 7 min 10 sec ago
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US envoy predicts Ukraine ceasefire in ‘couple of weeks’

  • Discussions on a possible deal to end Russia-Ukraine war will begin Monday in Saudi Arabia, Witkoff said
  • “I believe on Monday we actually have the technical teams going” to the Kingdom, he said

WASHINGTON: US envoy Steve Witkoff said technical discussions on a possible deal to end the Russia-Ukraine war will begin Monday in Saudi Arabia, predicting a ceasefire agreement could come as soon as “a couple of weeks.”
“I believe on Monday we actually have the technical teams going” to the Kingdom, Witkoff told Bloomberg Television early Wednesday as he expressed confidence in ongoing negotiations following a telephone call the previous day between US President Donald Trump and Russian counterpart Vladimir Putin.
“They agreed on a pathway to some ceasefire conditions... and to a full-on ceasefire that will be negotiated over the coming days. I actually think in a couple of weeks we’re going to get to it,” he said.
Witkoff, who is also Trump’s special envoy to the Middle East, did not provide details on the upcoming talks in Saudi Arabia. But he said it was time “for the technical teams to dot the I’s and cross the T’s, and everybody is committed to that process.”
Asked by Bloomberg about the prospect of a possible meeting in the Kingdom between Trump and Putin, Witkoff said “my best bet would be it’s likely to happen.” He offered no timeline.
Trump’s National Security Adviser Mike Waltz on Wednesday also expressed confidence about enacting steps to bring the fighting to an end.
“I spoke today with my Russian counterpart Yuri Ushakov about President Trump’s efforts to end the war in Ukraine,” Waltz posted on X.
“We agreed our technical teams would meet in Riyadh in the coming days to focus on implementing and expanding the partial ceasefire President Trump secured from Russia.”


UN genocide advisers urge immediate action to deescalate violence in Gaza amid deadly airstrikes

Updated 45 min 33 sec ago
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UN genocide advisers urge immediate action to deescalate violence in Gaza amid deadly airstrikes

  • Senior officials warn of ‘irreversible consequences,’ with hundreds believed killed in strikes
  • Call comes amid worsening humanitarian crisis after Israel suspends aid entry to the enclave

NEW YORK: Two senior UN advisers have sounded the alarm over renewed violence in Gaza following a series of deadly Israeli airstrikes, warning the escalation could have “irreversible consequences.”
UN Acting Special Adviser on the Prevention of Genocide, Virginia Gamba, and Special Adviser on the Responsibility to Protect, Mo Bleeker, called on all parties involved to prioritize the protection of civilians and immediately deescalate tensions to prevent further loss of life.
The airstrikes, which began on March 18, are the first major military action since a ceasefire was brokered two months ago.
Hundreds of people are believed to have died in the strikes, with many more injured.
In a joint statement, Gamba and Bleeker said: “These developments signal a troubling and dramatic escalation of violence with irreversible consequences. It is essential that the mutual imperatives of peace process, integrating aspects of prevention and protection, are prioritized urgently.”
In addition to the violence, the humanitarian crisis in Gaza continues to worsen. The two advisers expressed concern over Israel’s decision on March 2 to suspend the entry of aid into Gaza, exacerbating the already dire conditions.
Humanitarian organizations, the UN, and several member states have condemned the move, stressing that any further delays in the delivery of essential aid could lead to starvation and further suffering for Gaza’s civilian population.
Gamba and Bleeker also reiterated the need for a comprehensive political solution to the conflict.
“In line with the prevention of genocide and the responsibility to protect frameworks, we urge all parties to prioritize the protection of civilians and take immediate steps to deescalate tensions, prevent further loss of life, and engage in a solid political solution,” said the advisers.
They also echoed the UN secretary-general’s statement of “profound shock at these developments” and his urgent calls “for the ceasefire to be respected, for unimpeded humanitarian access to be restored, and for the unconditional release of all remaining hostages.”


Israel launches a ground operation to retake part of a key corridor in northern Gaza

Updated 54 min 39 sec ago
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Israel launches a ground operation to retake part of a key corridor in northern Gaza

  • Israel used the Netzarim corridor as a military zone which bisected northern Gaza from the south.

DEIR AL-BALAH: Israel said Wednesday it launched a “limited ground operation” in northern Gaza to retake part of a corridor that bisects the territory, and the country's defense minister warned that the army plans to step up the attacks that shattered a two-month ceasefire "with an intensity that you have not seen.”
The military said it had retaken part of the Netzarim corridor, which bisects northern Gaza from the south and from where it had withdrawn as part of the ceasefire with Hamas that began in January.
Defense Minister Israel Katz warned Palestinians in Gaza that the army would again order evacuations from combat zones soon, and that its attacks against Hamas would become more fierce if dozens of hostages held for more than 17 months weren’t freed.
The move appeared to deepen a renewed Israeli offensive in Gaza, which shattered a ceasefire with Hamas.
The Gaza Health Ministry said at least 436 people, including 183 children and 94 women, have been killed since Israel launched the strikes early Tuesday. It said another 678 people have been wounded.
The military says it only strikes militants and blames civilian deaths on Hamas because it operates in densely populated areas. Gaza’s Health Ministry records do not distinguish between civilians and combatants.
The military said in a statement that as part of the new offensive, it struck dozens of militants and militant sites on Wednesday, including the command center of a Hamas battalion.
The war in Gaza, which was paused in January by an internationally-mediated ceasefire agreement between Israel and Hamas, has been among the deadliest conflicts ever for humanitarian workers, according to the UN.
The resumption of fighting launched by Israel early Tuesday risks plunging the region back into all-out war. It came weeks after the end of the first phase of the ceasefire, during which Israel and Hamas exchanged hostages for prisoners and were set to negotiate an extension to the truce that was meant to bring about an eventual end to the war.
But those negotiations never got off the ground. Hamas has demanded that Israel stick to the terms of the initial ceasefire deal, including a full withdrawal from Gaza and an end to the war. Israel, which has vowed to defeat Hamas, has put forward a new proposal that would extend the truce and free more hostages held by Hamas, without a commitment to end the war.