SBI Holdings (TYO:8473) signed a memorandum of understanding (MoU) with Saudi Arabia's Entrepreneurship Vision (Evision) to foster collaboration between Japan and Saudi Arabia in promoting entrepreneurship and innovation, according to a Tuesday filing on the Tokyo Stock Exchange.
The MoU outlines potential initiatives, including support for Evision's participation in EXPO 2025 Osaka, joint development of programs for entrepreneurs, and bridging ecosystems between the two nations.
SBI also aims to strengthen its presence in the Middle East, following the 2024 establishment of its regional office in Riyadh.
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