Ammon News - VentureX, a local integrated entrepreneurial development company, has launched a new initiative to help Jordanian businesses expand their reach to the Saudi market.

The "Accelerate Saudi" initiative aims to assist Jordanian enterprises in obtaining licenses to operate in Saudi Arabia, in addition to holding a series of meetings and training sessions between Jordanian companies and Saudi experts in order to achieve cross-border development.

Yousef Hamidaddin, a board member at VentureX, said the move is part of the company's expansion policy and is also in line with Saudi Vision 2030 and the Saudi investment ministry's strategy, which are all increasingly focusing on attracting entrepreneurial businesses.

"Our aim with Accelerate Saudi is to provide opportunities for Jordanian entrepreneurial companies to expand and flourish in the Saudi market," he stated.