Business Development department

Functions

1- Implementing the executive regulations governing entrepreneurship and SMEs

2- Implementing the executive regulations governing public-private partnerships

3- Supporting and fostering public-private partnerships

4- Proposing, in coordination with the concerned ministries and departments, policies and programs necessary to develop the private sector, encourage local investments, and attract foreign investments

5- Preparing, in coordination with concerned departments, studies related to the development of the business and investment landscape, internal trade, and foreign trade relations

6- Proposing, in coordination with the concerned administrative units, modern mechanisms to develop institutional procedures to regulate the business and investment ecosystem

7- Preparing guidelines in the business and investment field, and participating in updating the public services database

8- Promoting entrepreneurship to foster the SME ecosystem, and providing the necessary technical and administrative support to empower SMEs

9- Coordinating between governmental and non-governmental agencies to incentivize youth to invest in SMEs