saudi competiton video.mp4
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00:00 Today we launched a program called "The Victory"
00:06 The victory is for the competition system in the Kingdom
00:12 The goal of this program is to go to the companies
00:19 and check all the departments
00:22 and make sure that there are no risks in the competition system
00:30 and evaluate these risks
00:32 Then we put a work plan
00:34 which includes detailed training programs for all the employees in all the departments
00:41 Our goal is to make sure that these companies are protected from the risks of the competition system
00:49 and no doubt that the failure of these companies will make them lose their meaning
00:58 and may even lose their products in the event of such failure
01:07 So it is a choice gate that companies offer
01:14 and we do not force anyone to do so
01:16 but through our testing of the number of applicants
01:19 we were surprised that the number has become very large
01:22 Only today more than 250 companies from the largest companies in the Kingdom came to the conference
01:31 We are proud of this interest from the companies
01:35 and we will cooperate with them to achieve the programs to reduce the level of competition in the Kingdom
01:43 We have also talked about the companies that you did not agree to merge or acquire
01:50 Tell us about the number of companies that you agreed to merge
01:57 and what is your plan for these companies?
02:01 This is a different topic from the one we are discussing today
02:05 The process of merging and acquiring is different from the one of applying for a position
02:17 but the process of merging is different from the one of applying for a position
02:27 Another question, the merger is related to the number of companies and the number of companies
02:35 and the number of cars that were mentioned in the past
02:39 Tell us how you try to increase the competition in the prices in this sector
02:45 The merger programs are directed to everyone
02:49 We do not choose one sector from another
02:52 All sectors are open to offer the merger programs
02:55 I think that even in the car sector, a number of companies have offered the program
03:00 and will be an active part of this program in the future
03:04 and this may contribute to reducing the level of competition in the car sector