The Jeddah Chamber of Commerce and Industry (JCCI) is organizing a symposium on commercial franchise. The symposium on Nov. 16 will discuss the role of the franchise companies in developing the Saudi economics. The symposium, Saleh Ali Al-Turki, Chairman of the Jeddah Chamber for Commerce and Industry, said would discuss in detail the franchise contract which gives the (franchisers) the right to use intellectual property rights (trade name, trademark and patent) as well as the know-how to distribute the products and services to the other party (concessions) to enable it to start business. Several franchise companies would participate in the event. The franchise is one of the best ways to start small projects, Al-Turki said. Dr. Abdurrahman Al-Sehaibani, General Manager of the Saudi Credit & Savings Bank, Dr. Talal Badkook, an expert in commercial franchise, and several representatives of big private companies are scheduled to speak at the seminar. – SG __
