Kafalah SME Loan Guarantee Program and Sawahel Al Jazeera Media Co. signed a memorandum of understanding (MoU) between the two parties.
The MoU aims at discussing cooperation between parties. It sets a general framework for roles and tasks regarding news dissemination and coverage of the most prominent events of the program.
This MoU was signed by The Kafalah Program Director General, Mr. Homam Hashem. H.E. Al-Jawhara Bint Turki Al-Otaishan signed this MoU in her capacity as Chairwoman of the Board of Directors of Sawahel Al-Jazeera Media Company.
The MoU included many items such as defining the joint roles between the Kafalah Program and Sawahil Al Jazeera Media Co. This is where news of the Kafala Program and articles nominated by the program will be shared for publication within the media outlets owned by Sawahel Al Jazeera Company.
The MoU also included discussions on the mechanism and details of disseminating news through websites and social media platforms owned by Sawahel Al Jazeera Company.
The aforementioned MoU also included a mechanism for covering the most prominent official events, seminars, and conferences in which the sponsorship program participates.
Also, following the signing activities the mechanism for sending a weekly periodic bulletin as well as the monthly media releases issued by the Sawahel Al Jazeera Company to the employees of the Kafala program will be discussed regularly throughout the memorandum of understanding, which extends to a calendar year starting today.
It is worth noting that the Kafalah SME Loan Guarantee Program guarantees financing risks for small, micro, and medium enterprises.
The program aims to encourage financing agencies to finance micro, small, and medium enterprises. It does this by providing financial guarantees that cover part of financing risks for micro, small, and medium enterprises.
Sawahel Al Jazeera Company specializes in E-publishing and advertising.
It has operated for more than 15 years in the Saudi media market. It owns many media platforms, including (Rowa’d Al-Amal) magazine, Al-Eqtisad Al-Youm magazine, Al’am El Technologia magazine, Al-Jawhara magazine, Leaders MENA magazine, and Lucire KSA magazine).
Through its Public Relations Department, Sawahel Al Jazeera Company implements integrated content. It is also one of the leading companies in planning, organizing, implementation, video production, and media photography.