Latest news with #EconomicFamilyAssociation
Arab News
07-08-2025
- Business
- Arab News
Saudi organization unveils strategy to boost economic empowerment of families
RIYADH: Nasser Al-Gharbi, chairperson of Saudi Arabia's Economic Family Association, told Arab News the organization hopes its newly launched strategy for 2025-2030 will be a model for others to follow and benefit all aspects of the nonprofit sector. The strategy, unveiled during an event in Riyadh on Wednesday night, aims to improve the economic capacity and sustainability of households, and help increase the share of the contribution by the Kingdom's nonprofit sector to non-oil gross domestic product to 5 percent. The association's executive director, Mushabab Al-Qahtani, said it is focusing in particular on improvements to the regulatory environment, and the enhancement of effective partnerships that enable families to contribute to the national economy. The new strategy is built on professional and economic empowerment; digital transformation and marketing; enhanced competitiveness; building sustainable partnerships; improvements to the legislative and regulatory environments; and a strengthening of the nonprofit brand and the association's institutional identity, he added. Chairperson Al-Gharbi thanked the Ministry of Human Resources and Social Development, the National Center for the Development of the Non-Profit Sector, and donors for their support. The Economic Family Association was established in 2019.
Leaders
07-08-2025
- Business
- Leaders
Economic Family Association Unveils 2025–2030 Strategic Plan
The Economic Family Association has officially launched its 2025–2030 strategy during a ceremony in Riyadh, attended by key figures from both the social and economic sectors. The new strategy is built on five foundational pillars: alignment with Saudi Vision 2030, commitment to societal values, addressing current challenges, leveraging available opportunities, and strengthening the nonprofit brand while reinforcing trust in the association's capacity for growth and expansion. Nasser bin Faleh Al-Gharbi, Chairman of the Board of Directors, emphasized that the strategy reflects the association's ambition to lead a transformative shift that boosts the resilience and sustainability of economic families. A central goal is to raise the nonprofit sector's contribution to Saudi Arabia's non-oil GDP to 5%. Al-Gharbi also highlighted that the strategy will empower economic families and drive change through five key focus areas: raising awareness, fostering empowerment, inspiring motivation, building trust, and enhancing innovation and competitiveness. Related Topics: ZATCA Announces 19th Wave of E-Invoicing Integration Hajj 2025: SDAIA Boosts Makkah Route Initiative with Technical Services Ivorian Hajj Pilgrims Applaud Makkah Route Initiative Makkah Route Initiative: Saudi Arabia Streamlines Luggage Handling for Pilgrims – Video Short link : Post Views: 7 Related Stories
