
Ladies and gentlemen, in the city of the Messenger of Allah, Peace be upon you. I welcome you to your Chamber and your business e-portal at AlMadinah AlMunawarah Chamber, which was created to be a link between local and regional economic experts and business men and women , including merchants, manufacturers and investors and to enhance the Chamber’s efforts to serve the economic and business sector in the region.
Our beloved Kingdom has witnessed remarkable development and an accelerated economic flourishing in light of the Kingdom’s Vision 2030, which is based on strong pillars: a vibrant society, a thriving economy, and an ambitious nation committed to efficiency and responsibility.
To achieve the goals of the Vision the business sector plays a crucial role in driving economic development and implementing national transformation to build a strong and sustainable economy. Based on this role, Al Madinah Al Munawarah Chamber as a representative of the private sector confirms its eagerness to achieve the Vision and help the private sector to play its role in translating the Vision into reality.
The Board of Directors of Al Madinah Al Munawarah Chamber is developing a strategy that will maintain the forceful economic base that the Kingdom of Saudi Arabia has. This strategy is based on foundations and pillars that involve all segments of society and draw upon the Kingdom’s Vision 2030 as well as the regulations of the Chambers of Commerce and stakeholders. It contributes to the constructing and growing of various promising sectors in the region. This can be achieved through integrated institutional development and by building the Chamber internally to enable it do its work externally and stimulating supportive regulations and laws. This also can be done by activating strategic partnerships contributing to the development of laws and legislation with the concerned authorities. The Chamber provides quality services to its members and enables competitive economic development to deal with the challenges facing the sector workers in the region, in collaboration with the legislative and development authorities. Finally, we aim to bring a real community development by allowing business sectors to support this responsibility and contribute to the development of the economic system.
To summarize, the past years have been marked by notable achievements. The concerted efforts, activities, and events have produced tangible outcomes in the region's financial and business sectors. It is undeniable that the Al Madinah Al Munawarah Chamber will continuously strive to broaden investment opportunities and showcase the distinctive features of the Saudi economy.
During the fifteenth session, the Board of Directors of Al Madinah Al Munawarah Chamber affirmed its commitment to channeling efforts towards transforming the AlMadinah region into a promising investment destination. This attempt aims to realize the aspirations set by our wise leaders. The Chamber intends to foster development across all sectors, striving for sustainable progress to cultivate a thriving and promising urban society.