BRISK Business Inc.’s Post

✍️ I am writing to express my strong interest in the topic of governance in the Kingdom of Saudi Arabia and its impact on both the public and private sectors. 🏛️🌍 🚀 Governance serves as a fundamental basis for achieving sustainable development and economic stability, and I am impressed by the remarkable progress that has been made in enhancing governance systems in both sectors, promoting transparency and accountability. 💪💼 🏢 In the public sector, government entities and ministries have witnessed continuous improvement in governance mechanisms, with a focus on accountability and the development of public policies. Performance improvement programs and increased transparency reflect the government's commitment to efficiently and ethically deliver services. 📈🏛️ 💼 In the private sector, the Kingdom encourages private companies to adopt international governance standards to strike a balance between stakeholders' interests and ensure business sustainability. The establishment of oversight committees and increased transparency in financial reporting enhances investor confidence and showcases the desire to create a sustainable and thriving business environment. 💼🌍💰 🌟 The impact on development is significant. Efforts to enhance governance in both the public and private sectors instill confidence in the economy and attract investments. Continuous improvement in governance builds a strong foundation for sustainable development and enhances the Kingdom's standing on the international stage. 🌍💼✨ 🌟 In conclusion, the Kingdom of Saudi Arabia is witnessing notable development in the field of governance, which is crucial for fostering trust and achieving sustainable development. This development reflects a strong commitment to accountability and transparency, which are essential pillars for building a sustainable future and economic prosperity. 🌟🏛️📈 #Governance #الحوكمة #المخاطر #الالتزام

A big thank you to the European Chamber of Commerce in the Kingdom of Saudi Arabia (ECCKSA) and the Swiss Embassy for co-hosting the “Responsible Business Conduct & Investment in Saudi Arabia: Bridging the European Voice” roundtable. Chaired by #GulfSustain, this gathering brought together European businesses and investors committed to advancing responsible business practices. European companies continue to lead by example when it comes to sustainability, fairness, and innovation—strengthened by the EU’s Corporate Sustainability Due Diligence Directive (CSDDD). This directive addresses the adverse impact on human rights and the environment, while fostering sustainable growth worldwide. As Saudi Arabia pursues its Vision 2030 goals and undergoes rapid economic transformation, the case for responsible business conduct has never been stronger. There is a tremendous opportunity to foster higher standards that benefit everyone, level the playing field, and solidify European competitiveness in the Kingdom. #ResponsibleBusiness #Sustainability #CSDDD #Vision2030 #SaudiArabia #Collaboration #HumanRights #SustainableGrowth

Bad Planning is a good Planning to failure 👌

Circular Economy starts with Design

RESULTS-BASED MANAGEMENT, MONITORING & EVALUATION Design, monitor and evaluate projects that get results Apply the results-based management (RBM) philosophy and principles to drive highly impactful development results Use the logical framework approach (LFA) to easily design, monitor and evaluate humanitarian and development projects Use RBM and LFA to consistently deliver positive, measurable change that will keep your stakeholders and donors satisfied   https://bit.ly/3KoKkTA

In today's world of business, success is no longer measured by profit alone. It stems from responsible management practices that drive meaningful and sustainable change for the broader community. In the latest global competitive rankings from IMD, Saudi Arabia was placed 16th globally and 2nd in the GCC for social responsibility. #From_Commitment_To_Impact #GlobalCSRForum

✨Empowering Saudi Small and Medium Enterprises to Deliver Innovative Solutions for National Challenges✨ Discover the Saudi Innovation Grant Program (SIGP). Through this program, RDIA aims to support small and medium enterprises (SMEs) and entrepreneurs working in research centers and universities across the Kingdom of Saudi Arabia to transform ideas and research into solutions that contribute to solving challenges faced by governmental bodies and the private sector within the four main focus areas: • Health and Wellness • Sustainability and Essential Needs • Energy and Industrial • Economies of the Future This program aims to enhance innovation and economic diversity and develop research for Saudi small and medium enterprises by providing financial grants. The program seeks to localize solutions to the challenges faced by different sectors, increase the private sector's participation in research and development and innovation, enhance the Kingdom's position in deep tech and innovation, and provide technological solutions that support the economy and development and create job opportunities. From creative ideas to valuable products.. To apply: https://lnkd.in/e_RKyeaf #SaudiArabia #SaudiPeople Research, Development and Innovation Authority (RDIA) #SaudiBusinessCouncil #Education #SaudiVision2030 National Industrial Development and Logistics Program (NIDLP) Abdullah Al Fozan The Arab Gulf Programme for Development (AGFUND) Federation of Saudi Chambers

Strong governance isn’t just about managing risks—it’s about uncovering growth opportunities. As Saudi Arabia drives forward with Vision 2030, aligning your business practices with robust governance could be the key to unlocking untapped potential in this rapidly evolving market. Stay tuned as we prepare to bring impact-driven governance solutions to the heart of the Kingdom. #ksa #saudiarabia #vision2030 السعودية #الرياض #جدة #رؤية_السعودية_2030 ##رؤية_2030 #رؤية2030

‏🇦🇪🌟 The UAE belongs to the top rated countries in the E-Government Development Index (EGDI), which constitutes the general framework for a set of criteria. The UAE achieved a score of 95%, and advanced two places from what it had achieved in the previous assessment in 2022; thus, maintaining its position on the list of most developed countries in the world ‏@fcsauae

I recently had the privilege of engaging in productive meetings in #SaudiArabia with HE Khalid bin Abdulaziz Al-Falih, Minister of Ministry of Investment; HRH Prince Sultan Bin Khalid Al Saud, CEO of Saudi Industrial Development Fund - SIDF; Princess Rasees S. Al Saud, Senior Director and Head of Financial Institutions & Investor Relations at Public Investment Fund (PIF); and HE Ibrahim Al Mubarak, Assistant Minister of Investment alongside other Saudi government officials. We explored ways to deepen collaboration, strengthen financial resilience, and advance investments in key sectors.    With the Ministry of Investment, we reaffirmed our partnership in supporting Saudi companies in investing in emerging markets. We also agreed to support up-and-coming Saudi companies in their journey to become ‘regional champions’. In addition, we discussed IFC - International Finance Corporation’s expertise in #BlendedFinance and how we can help design a fund that supports the investments of Saudi companies abroad while minimizing risks – as well as the role of #PublicPrivatePartnerships in financing infrastructure projects sustainably. With SIDF, we discussed opportunities to support their #EquityFund and enhance internal capacity in loan documentation and credit risk modeling. In addition, we focused on empowering Saudi companies to expand globally and pilot innovative solutions in terms of #WarerScarcity, #FoodSecurity, #CleanEnergy, and #Digitalization.   With PIF, we held a fruitful workshop to explore potential areas of collaboration both within Saudi Arabia and internationally, with #Vision2030 serving as our guiding framework throughout the discussions.   In all the conversations we had, together with IFC’s Regional Manager Fawaz Bilbeisi, we reaffirmed IFC's commitment to partnering with Saudi leadership to catalyze growth, unlock private sector investments, and deliver solutions with global impact. 🌍