Yanbu, Saudi Arabia, 26 October 2015 – Young and talented Saudi entrepreneurs now get a once in a lifetime opportunity to turn their dreams into reality. Shell Intilaaqah will collaborate with The Royal Commission’s Business & Technology Incubators Centre Abde’ (‘get creative’) at Yanbu to support young Saudi men and women entrepreneurs start their own business. Through this initiative, Shell Intilaaqah and The Incubator Centre will create leaders who will help contribute to the Kingdom’s economy through starting their own businesses and in turn, creating further opportunities for youth employment.
His Excellency Dr. Alaa bin Abdullah Nassif, Chief Executive Officer of the Royal Commission in Yanbu, explained that the signing of the agreement comes within the framework of cooperation between the Royal Commission in Yanbu and Shell in supporting entrepreneurs’ program and creating industry leaders who will have an effective impact on the growth of the Kingdom's economy. He also emphasized on the keenness of the Royal Commission in Yanbu to open new avenues for creative and technical entrepreneurs and help them turn their ideas into successful projects – particularly in the provision of services to help turn those ideas into successful pilot projects.
Patrick Van Daele, Shell’s Vice-President and Country Chairman for Saudi Arabia, said: “It is a delight to see Shell Intilaaqah grow to have reached Yanbu after all its success in other major cities in Saudi Arabia. We are honoured to work with The Royal Commission at Yanbu and continue to support the Kingdom’s goals to create jobs, promote economic development and workplace diversity”.
Shell Intilaaqah will provide world class training conducted by Saudi advisors, offered free of charge and The Incubator Centre will select the beneficiaries of the programme and will organize the venues where the workshops will take place.