Royal Commission for AlUla, Monsha’at Partner to Unlock Region’s Economic Potential

FILE PHOTO: Visitors walk outside the tombs at the Madain Saleh antiquities site, AlUla, Saudi Arabia February 10, 2019. REUTERS/Stephen Kalin
FILE PHOTO: Visitors walk outside the tombs at the Madain Saleh antiquities site, AlUla, Saudi Arabia February 10, 2019. REUTERS/Stephen Kalin
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Royal Commission for AlUla, Monsha’at Partner to Unlock Region’s Economic Potential

FILE PHOTO: Visitors walk outside the tombs at the Madain Saleh antiquities site, AlUla, Saudi Arabia February 10, 2019. REUTERS/Stephen Kalin
FILE PHOTO: Visitors walk outside the tombs at the Madain Saleh antiquities site, AlUla, Saudi Arabia February 10, 2019. REUTERS/Stephen Kalin

The Royal Commission for AlUla (RCU) and the Saudi Arabian Government’s Small & Medium Sized Enterprises General Authority (Monsha’at) have signed an agreement that would benefit entrepreneurs and SMEs in the governorate.

“At the heart of the partnership is a plan to establish a new co-working space in AlUla where local SMEs and entrepreneurs can access support services to accelerate their growth, helping them succeed through the provision of knowledge and expertise and enhancing the entrepreneurial spirit to contribute to a sustainable, diversified economy in AlUla,” RCU said in a statement.

The agreement, signed by Amr AlMadani, RCU CEO, and Monsha’at Governor Saleh AlRasheed supports the region’s economic growth potential, including key industries such as tourism and agriculture, and reflects the Kingdom’s diversification as part of Vision 2030.

“Once developed, the incubator will facilitate access to established services, including the SME’s Governmental Registration, and support unique investment opportunities within AlUla. It will also bring access to Monsha’at’s services to AlUla,” said the statement.

“This collaboration with Monsha’at enhances AlUla’s economic diversity, building on AlUla’s vision and empowering local entrepreneurs and SMEs within a vibrant society: not only to harvest the benefits of the region’s development, but to be drivers of its transformation,” it quoted AlMadani as saying.

As for AlRasheed, he said the new agreement brings Monsha’at’s expertise and programs in SME incubation together with the extraordinary economic opportunities emerging in AlUla.

“With RCU, we will work to bring global practices in SME support to AlUla,” he added.

According to AlMadani, the SME incubation center aims to become a “Launchpad” for local entrepreneurs to unleash their energy, creativity and synergy to drive AlUla’s development.

This is the most recent in a series of initiatives to create new educational, professional, and developmental opportunities for locals to help them reach their full potential and maximize their contribution as members of the local community.



Sydney Closes Nine Beaches Due to Mysterious Ball-Shaped Debris

A handout photo made available by the Northern Beaches Council shows samples of the unidentified ball-shaped debris found washed ashore at Manly Beach and eight other beaches in Sydney's north, New South Wales, Australia, 14 January 2025. (EPA/Northern Beaches Council / Handout)
A handout photo made available by the Northern Beaches Council shows samples of the unidentified ball-shaped debris found washed ashore at Manly Beach and eight other beaches in Sydney's north, New South Wales, Australia, 14 January 2025. (EPA/Northern Beaches Council / Handout)
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Sydney Closes Nine Beaches Due to Mysterious Ball-Shaped Debris

A handout photo made available by the Northern Beaches Council shows samples of the unidentified ball-shaped debris found washed ashore at Manly Beach and eight other beaches in Sydney's north, New South Wales, Australia, 14 January 2025. (EPA/Northern Beaches Council / Handout)
A handout photo made available by the Northern Beaches Council shows samples of the unidentified ball-shaped debris found washed ashore at Manly Beach and eight other beaches in Sydney's north, New South Wales, Australia, 14 January 2025. (EPA/Northern Beaches Council / Handout)

Nine beaches in Sydney, including well-known Manly beach, were closed to bathers on Tuesday after small white and grey balls of debris washed up on the shores at the height of the summer holiday season.

Northern Beaches Council said it was working on safely removing the matter. Most of the samples of the ball-shaped debris were the size of marbles, with some larger, it said in a statement.

Sydney's ocean beaches, famed for golden sand and clean water, draw tourists from around the globe.

Beachgoers were advised to avoid Manly, Dee Why, Long Reef, Queenscliff, Freshwater, North and South Curl Curl, North Steyne and North Narrabeen beaches until further notice and keep away from the material while the clean-up and investigations continued.

Authorities said they were working closely with the state's environmental agency to collect samples of the debris for testing.

Last October, several beaches including the iconic Bondi east of downtown Sydney were shut after thousands of black balls appeared on the shores.

An inquiry later found that those balls were formed from fatty acids, chemicals similar to those in cosmetics and cleaning products, as well as hair, food waste and other materials associated with wastewater.