Based on its support for micro, small and medium enterprises (MSMEs), and in order to establish effective and fruitful partnerships between civil society and the private sector, reflecting on the service and development of local communities, Tamdeen Youth Foundation, represented by its chairman Mr. Hussien Al Suhaily, signed a joint memorandum of understanding with Al-Morsel Company for Exchange and Transfers, represented by its Director General Mr. Naji Omairan

The memorandum included the launch of Al Morsel Development Initiative, the opening of a financial fund for economic empowerment, the promotion of food security, and the improvement of livelihoods, thereby contributing to comprehensive and sustainable development.

As part of this, a joint team has been formed to prepare a comprehensive working guide for the initiative and to identify a well-thought-out mechanism of action.