Monsha’at Signs MoU with GACA to Strengthen Support for Enterprises in the Civil Aviation Sector

10 November 2024

The General Authority for Small and Medium Enterprises (Monsha'at) signed a memorandum of understanding (MoU) with the General Authority of Civil Aviation (GACA) yesterday during the “Beban 24” forum. Organized by “Monsha'at” under the slogan “A Global Destination for Opportunities,” the event took place from November 5 to 9 at the Riyadh Exhibition and Convention Center.

The MoU was signed on behalf of Monsha’at by the Deputy Governor for the Entrepreneurship Sector, Saud bin Khalid Al-Sabhan, and on behalf of GACA, by the Deputy CEO for the Aviation Security Sector, Mohammed bin Saad Al-Fawzan.

This agreement aims to foster cooperation between the two organizations to support enterprises within the civil aviation sector by organizing challenges and hackathons and encouraging innovation in the sector.

Beban 24 serves as a crucial platform for advancing the rapid development of Saudi Arabia’s small and medium enterprises and entrepreneurship sectors. It helps to create a supportive environment in collaboration with enabling and supporting partners across the public and private sectors.