Riyadh, May 17th, 2011 - Riyadh Chamber of Commerce and Industry (RCCI) signed a partnership contract with naseba to organise the Kingdom Entrepreneurship Summit. The two-day summit take place in November 2011 at a five-star hotel in Riyadh.

Promoting entrepreneurs and job creation in the private sector in the Kingdom of Saudi Arabia, the summit gathers key government officials, leading entrepreneurs and top Saudi Arabian SMEs. Participants at the summit will network with large national and international corporations to explore business opportunities and learn about the current market needs. They will also meet peers from different industries to share their experiences and do business.

Commenting on the partnership, Khalaf Al Shammari, member of the RCCI Board of Directors and Chairman of Small and Medium Enterprise Development Committee, said, "We are participating in organising the Kingdom Entrepreneurship Summit out of our belief of the important role of the Chamber in promoting the culture of self-employment in the Kingdom and attracting decision makers from the public and private sector to benefit the interest of small and medium enterprises and entrepreneurs in entering the business world. This summit is part of the great support of the Custodian of the Two Holy Mosques King Abdullah bin Abdul Aziz Al Saud to the small and medium enterprises and the youth of Saudi Arabia, a Kingdom of promising opportunities."

Leading national corporations have started showing interest in supporting entrepreneurs and SMEs in the Saudi market. The private financial sector was the earliest to pay attention towards this rapidly expanding sector. Two major local banks actively involved in propelling the Saudi private business sector are sponsoring the Kingdom Entrepreneurship Summit; Saudi Hollandi Bank and Bank AlBilad.

On the other hand, Fabien Faure, Managing Director of naseba said, "The partnership aims to develop and grow the economy by encouraging Saudi entrepreneurs and innovators to build a portfolio of privately-owned businesses. We will work in collaboration with Riyadh Chamber of Commerce and Industry to support entrepreneurs to establish their own business and create job opportunities in the Kingdom."

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About naseba
naseba produces, promotes and hosts business summits, professional training courses and business exhibitions targeting executive level attendees across multiple vertical industries. Each event is focused on re-education, networking and creating a 'deal-flow' platform for all participating organisations. Whether the 'deal' is raising capital, vendor sales contracts or sourcing a strategic partner, naseba provides clients with an unprecedented, high-ROI environment for conducting business. An in-house team of experts conduct extensive research in conjunction with recognised thought leaders to ensure that all events are relevant, timely and at the forefront of market and industry trends.

naseba works in partnership with leading media, industry and local authorities such as International Data Corporation (IDC), International Business Consultancy Group (IBCG), Saudi Trading and Resources Co. Ltd. (STAR Group Holdings), ICLIF Leadership & Governance Centre, CNBC Arabia, Zawya, Council of Saudi Chambers, Principality of Monaco, Singapore Tourism Board, Abu Dhabi Health Authority, Egyptian Ministry of Civil Aviation, Ministry of Economy - UAE, Ministry of Environment and Water - UAE, Qatar Civil Aviation Authority, the Government of Dubai and many others.

Since its inception in France in 2002, naseba has organised over 400 events and played host to 58,000 executive delegates globally. Operating from four strategically located offices, naseba has on-the- ground presence in Bangalore, Cairo, Dubai, Kuala Lumpur, Monaco, Riyadh and Singapore.

At naseba, we make it happen.

For more information on naseba, please visit www.naseba.com.

© Press Release 2011