Monsha’at, the General Authority for Small and Medium Enterprises in Saudi Arabia, supported 20 Saudi companies in global expansion through visits to the US, UK, UAE and Singapore resulting in key agreements and investor interest.

IN Riyadh on 30th May 2024, Monsha’at announced the successful completion of the Promising Innovative Enterprises Global Expansion Project. The 18-month initiative supported 20 local companies in their visits to the United States, the United Kingdom, the United Arab Emirates (UAE), and Singapore, fostering international cooperation in entrepreneurship.

These visits facilitated the signing of agreements between local and international companies, aimed at enhancing entrepreneurial collaboration. The participating enterprises attended various exhibitions, workshops, and specialized meetings with global entrepreneurs and startups. They also visited major technical conferences and international business incubators to expand their access to global markets and increase investment opportunities.

Monsha’at’s project seeks to empower entrepreneurs by integrating them into the global innovation and entrepreneurship ecosystem. The initiative also aims to attract foreign investment into national enterprises and educate local companies about promising international opportunities. As a result, four agreements were signed between local and international enterprises across various fields, and over 50 potential investors expressed interest in startup companies, positively impacting the expansion and global reach of the local market.

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Dr. Abdullah bin Sharaf Al-Ghamdi emphasized Saudi Arabia’s commitment to balancing technological advancements with societal values at the ATxSummit in Singapore.

DR. Abdullah bin Sharaf Al-Ghamdi, President of the Saudi Data and Artificial Intelligence Authority (SDAIA), emphasized Saudi Arabia’s global leadership in promoting responsible innovation in advanced technologies. He spoke at the G2G Ministerial Meeting during the ATxSummit, organized by the Infocomm Media Development Authority (IMDA) from 30th to 31st May 2024. The summit’s theme was “Redefining Technology for a Better Future,” and Dr. Al-Ghamdi highlighted the Kingdom’s efforts to balance technological benefits with societal values and security.

Addressing an audience of ministers of communications, technology, AI, and global experts, Dr. Al-Ghamdi discussed SDAIA’s initiatives in monitoring and leveraging technological impacts. He pointed out the data and privacy legislative environment initiative, which supports small and medium enterprises (SMEs), startups, and entrepreneurs by providing a platform for experimentation and growth while ensuring data privacy.

Dr. Al-Ghamdi described this initiative as a model for responsible technical development, offering guidance, organizational flexibility, and a collaborative testing environment. This framework allows industry stakeholders to develop ground-breaking technologies while prioritizing ethical considerations and user safety.

In his concluding remarks, Dr. Al-Ghamdi invited attendees to the third annual Global AI Summit, scheduled for September in Riyadh, highlighting it as an opportunity to share best practices and collaborate on combating digital threats.

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The Saudi Real Estate General Authority (REGA) shared its expertise in real estate legislation and rental regulation at the 74th FIABCI World Real Estate Congress in Singapore.

ENG. Abdullah bin Saud Al-Hammad, CEO of the Saudi Real Estate General Authority (REGA), highlighted Saudi Arabia’s efforts in exporting its legislative experiences and practices in the real estate sector to several countries. These nations have commended Saudi expertise, particularly in real estate legislation and the regulation of rental operations.

Eng. Al-Hammad made these remarks while leading the REGA delegation at the 74th FIABCI World Real Estate Congress, which took place from the 27th to 31st May 2024 in Singapore. He emphasized that the Kingdom’s digital transformation, implemented across all government entities, has significantly contributed to the successful automation of operational processes for REGA’s real estate programs and activities.

During the congress, Eng. Al-Hammad met with several leaders from the international real estate sector, including representatives from government entities and the private sector, to discuss various legislations and experiences in real estate development. Additionally, meetings were held with Singapore’s Housing and Development Board (HDB) and the Urban Redevelopment Authority (URA) to explore international best practices in real estate legislation and governance.

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H.E. SENGKEO POUANGPADITH Ambassador of Lao People’s Democratic Republic

PRIOR to his appointment as the Ambassador of the Lao People’s Democratic Republic to the Republic of Singapore H.E. Sengkeo Pouangpadith, had served as the Director-General of Protocol Department of the Ministry of Foreign Affairs of the Lao People’s Democratic Republic.

Ambassador Sengkeo Pouangpadith joined the Ministry of Foreign Affairs in 1993. He has accumulated experiences in his diplomatic career in bilateral and multilateral diplomacy over the last 28 years. Throughout the course of his career, he was affiliated with Europe and Americas Department, Economy Affairs Department, International Organisations Department and Protocol Department. He had served as the Attaché and Third Secretary at the Embassy of the Lao People’s Democratic Republic in Warsaw, Republic of Poland, from 1998 to 2004, and as the Counsellor at the Embassy of the Lao People’s Democratic Republic in Manila, the Republic of the Philippines, from 2009 to 2010.

Ambassador Sengkeo Pouangpadith holds a Bachelor’s degree and Master’s degree in International Law from the Moscow State Institute of International Relations, class of 1992. He speaks English and Russian, and is married with two sons and one daughter.

H.E. COLETTE TAQUET Ambassador of the Kingdom of Belgium

PRIOR to her accreditation to Singapore, Ambassador Colette Taquet was Director in the General Directorate of European Affairs in the Belgian Federal Public Service Foreign Affairs (FPSFA). She had worked on issues such as the reform of legislation on migration and asylum legislation, COVID-19 crisis management, matters related to the security and free movement of people in the European Union, as well as legislation on the fight against online terrorist content, the protection of whistle blowers and recognition of e-evidence.

Ambassador Taquet has held several positions at the Belgian FPSFA, including that as Belgium’s Ambassador to Cyprus, Lebanon, as well as Poland and Lithuania. Ambassador Taquet has a degree in Political Science and a specialisation in International Law from Université Libre de Bruxelles (Free University of Brussels).

She holds the Medal of the Commander of Leopold’s Order (Kingdom of Belgium) and the Medal of Commander of the Order of Merit (Republic of Poland).

H.E. ABDULLAH MOHAMMED ALMADHI Ambassador of the Kingdom of Saudi Arabia

PRIOR to his accreditation to Singapore, he was Assistant General Director and later General Director at the General Directorate of African Affairs, and Ambassador, General Director at the General Directorate of Inspection and Follow-up and concurrently, Ambassador and General Supervisor of the Internal Audit Department at the Ministry of Foreign Affairs in Riyadh from 2017 to March 2021.

Ambassador Abdullah AlMadhi, 57, is a career diplomat. A m b a s s a d o r Abdullah AlMadhi joined the Saudi Foreign Service in 1987 as an Attaché and was posted to several countries in Asia, the Middle East, Africa and Europe in positions such as Second Secretary and Deputy Head of Consular at the Royal Embassy of Saudi Arabia in Manila from 1993 to 1997, and Second Secretary and Head of Consular Affairs Department at the Royal Embassy of Saudi Arabia in Doha. He was appointed as First Secretary at the General Directorate of Bilateral Economic Affairs and First Secretary at the Ministry of Foreign Affairs’ Representative to General Investment Authority from 1999 to 2002. He held the post of First Secretary and Deputy Chief of Mission at the Royal Embassy of Saudi Arabia in Prague from 2002 to 2004 and First Secretary and Head of Consular at the Royal Embassy of Saudi Arabia in Damascus from 2004 to 2008. He held the post of Counsellor at the General Directorate of Bilateral Economic Affairs at the Ministry and concurrently held the post of Counsellor at the HRH Foreign Minister’s Office at the Ministry of Foreign Affairs from 2008 to 2013. He was the Saudi Ambassador in Pretoria from 2013 to 2017.

Born on 18 November 1963 in Abha, Kingdom of Saudi Arabia, Ambassador Abdullah AlMadhi graduated with a Bachelor’s Degree in Geography in 1986 from King Saud University in Riyadh. In 1992, he obtained a Diploma in Diplomatic Studies from Prince Saud Al Faisal Institute of Diplomatic Studies in Riyadh.