RIYADH — Day Three of the Global Entrepreneurship Congress (GEC) witnessed various scientific sessions highlighting many economic and investment issues, most notable of which is the renaissance of the film industry.

The session titled "How Do Ecosystems Accelerate?" dealt with many issues related to the field of systems and the provision of appropriate sciences that help companies and institutions, highlighting the system of data sharing and accelerating its process to reach better solutions.

Meanwhile, the session of "Nurturing Youth Entrepreneurship" affirmed the importance of the role of entrepreneurship and nurturing the minds of entrepreneurs in innovation and interconnection among them to benefit from others.

The speakers addressed the needs of young people in entrepreneurship, as they constitute the largest percentage in the world.

"The Future of E-Commerce" session discussed ways to sell products during the Corona pandemic and beyond, stressing that E-commerce is able to market the products as well as to meet the needs of consumers and entrepreneurs.

The speakers at "Looking Ahead - Rise of The Film Industry" session affirmed that the Kingdom is full of unique young talents in the film sector, pointing out the opportunities and promising future of this sector.

Several programs were signed, initiatives launched and agreements inked with total value of more than SR6 billion in support of the SME sector and entrepreneurship during day three of the GEC, organizers reported.

The Small and Medium Enterprises Financing Guarantee Program “Kafalah" signed a number of agreements with a number of ministries as well as public and private sector's institutions.

The General Authority for Small and Medium Enterprises (Monsha'at) also signed various cooperation agreements and launched National Industrial Development and Logistics Program “Thousand Mile” Initiative. — SPA

— SPA