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Balady — Municipal Licensing Platform (BALADY) · Press Release

"Municipalities and Housing" Signs Tripartite Memorandum of Understanding with Arab National Bank and Kafaa Association to Support and Empower Ministry-Accredited Mobile Traders

البلديات والإسكان" توقّع مذكرة تفاهم ثلاثية مع البنك العربي الوطني وجمعية كفاءة لدعم وتمكين التجار المتنقلين المعتمدين من الوزارة

No action neededAwareness

The Ministry of Municipalities and Housing signed a tripartite memorandum of understanding with Arab National Bank and the Kafaa Association for Operation and Community Maintenance to establish integrated commercial incubators enabling ministry-accredited mobile traders to operate in a safe, organized environment at affordable cost. Under the memorandum, Arab National Bank finances the incubators while Kafaa Association handles construction, operation, maintenance and development, delivers sales outlets to beneficiaries, and provides training programs, with the Ministry providing general oversight and coordination.

PublishedMarch 9, 2026
Effective
GazetteNot gazetted
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