BiznEX Riyadh witnesses signing deals worth SAR 116 mn

Riyadh - Sharikat Mubasher: The sixth edition of the BiznEX Expo took place in Riyadh and witnessed the signing of 86 cooperation agreements valued at SAR 116 million, a recent statement announced.

The agreements were signed between several global investors and Egyptian companies as well as entrepreneurs.

Several Saudi investors signed memoranda of understanding (MoUs) with Egyptian franchise companies that target expanding in the Saudi market, including Monginis, Shatta, Dice, Cottonil, Max Gym, Circle K, and others.

Themed "Your Opportunity for the Future... Your Path to KSA," BiznEX Expo Riyadh served as a platform for exploring investment and business prospects, particularly in the franchising sector.

The four-day event, launched within the Saudi Franchise Expo, presented a wide range of investment options, spanning franchising and partnerships in various fields such as legal, accounting, and marketing.

This year, BiznEX aimed to contribute to the advancement of the commercial and investment sectors in alignment with the Saudi and Egyptian visions for 2030.

It aimed to achieve a diversified economy by providing a business platform for franchisees looking to grow and expand in Egypt and Saudi Arabia.

Contribution Time: 05-Feb-2024 08:13 (GMT)
Last Update Time: 05-Feb-2024 08:13 (GMT)