Riyadh: The General Authority for Competition (GAC) announced that the Kingdom of Saudi Arabia will host in partnership with the Organization for Economic Co-operation and Development (OECD) the Regional Competition Capacity-Building Programme (RCCBP) for the Middle East and North Africa (MENA) region.

According to Saudi Press Agency, the launch of this regional programme is under the framework of the memorandum of understanding between the OECD and Saudi Arabia to deepen co-operation across key policy areas in support of Saudi Vision 2030. Hosting the RCCBP reflects the Kingdom’s strengthened strategic role with the OECD ecosystem and underscores Saudi Arabia’s growing leadership in advancing competition policy and enforcement at the international levels.

This regional programme will deliver a comprehensive suite of workshops and specialised training programmes designed to support effective enforcement of competition laws while promoting alignment with OECD standards and international best practices. It will target officials from competition authorities, sector regulators, judicial bodies, and relevant government agencies across the MENA region.

The designation of the Kingdom of Saudi Arabia as host of the regional competition capacity-building programme for MENA marks a significant milestone. It represents a major step towards strengthening institutional capability with the aim of fostering competitive markets to the benefit of consumers and businesses alike, paving the way to increased productivity, innovation, growth and employment across the region.