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Saudi Culture, Commerce Ministers Sign MoU to Empower Entrepreneurs in Cultural Sector

The partnership seeks to empower cultural entrepreneurs and organizations - SPA
The partnership seeks to empower cultural entrepreneurs and organizations - SPA
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Saudi Culture, Commerce Ministers Sign MoU to Empower Entrepreneurs in Cultural Sector

The partnership seeks to empower cultural entrepreneurs and organizations - SPA
The partnership seeks to empower cultural entrepreneurs and organizations - SPA

Saudi Minister of Culture Prince Badr bin Abdullah bin Farhan and Minister of Commerce and Chairman of the Board of Directors of the Small and Medium Enterprises General Authority (Monsha’at) Majid Al-Kassabi signed a memorandum of understanding (MoU) on Wednesday at the Ministry of Culture in Al-Bujairi district, Diriyah.

According to SPA, the MoU aims at fostering collaboration between the Ministry and Monsha’at, particularly through business incubators and accelerators tailored to the cultural sector.
The partnership seeks to empower cultural entrepreneurs and organizations by offering targeted training programs designed to address sector-specific needs. It also includes strategic consulting services to strengthen entrepreneurs' skills and advance their projects through innovative, sustainable approaches. These efforts aim to generate substantial economic and cultural impacts, promote awareness, and raise knowledge about investment opportunities and growth potential in the cultural sector.
Key elements of the agreement focus on enhancing commercial innovation and integrating modern technologies for small and medium-sized cultural enterprises, ultimately contributing to a thriving cultural landscape and bolstering their role in the local economy.
The MoU aligns with the Ministry of Culture’s broader strategy to build strategic partnerships across sectors. It aims to empower entrepreneurs and innovators by providing access to essential resources and opportunities, advancing the cultural sector, and fostering a climate of creativity and innovation in line with the objectives of the National Strategy for Culture under Saudi Vision 2030.

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Arab Countries, UNESCO Director General Hail Saudi Arab Week at UNESCO Initiative

Photo by SPA
Photo by SPA
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Arab Countries, UNESCO Director General Hail Saudi Arab Week at UNESCO Initiative

Photo by SPA
Photo by SPA

The Arab Group at the United Nations Educational, Scientific, and Cultural Organization has praised the success of the Saudi National Committee for Education, Culture, and Science in organizing the first Arab Week at UNESCO initiative, which the UNESCO Arab Group held in Paris on November 4-5.
In a closing statement of the Arab Week at UNESCO, the Arab Group expressed appreciation to Saudi Arabia for launching the initiative, commending the efforts led by Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, to advance efforts in education, culture, and science.
The group also thanked Prince Badr bin Abdullah bin Farhan, Minister of Culture and Chair of the Saudi National Committee for Education, Culture, and Science, for the committee’s unwavering support, funding, and effective implementation of the initiative, marking the first UNESCO Arab gathering under the leadership of Saudi Arabia, SPA reported.
The group also extended its appreciation to the participating Arab countries for their active contributions and high-level efforts to coordinate and ensure the success of the initiative. The event is expected to serve as an ideal gateway for long-term cultural prosperity between Arab countries and the world, fostering stronger cultural bridges.

For her part, Director General of UNESCO Audrey Azoulay has praised Saudi Arabia's Arab Week at UNESCO initiative, emphasizing the significance of recognizing the historical depth and cultural diversity of the Arab world.
During her speech at the closing ceremony of the event, Azoulay noted that UNESCO highlights the significance of the Arabic language, which is the fifth most spoken language in the world.
She underscored the need to showcase the depth and diversity of Arab cultures, stressing the need to bridge the gap between perceptions of these cultures and their rich, complex realities, which are shaped by a long history and a vibrant tapestry of differences and creativity.
Azoulay said the Arab Week at UNESCO conveys a powerful message to the organization’s 172 member states, encouraging them to collectively celebrate their shared values.