Madinah, Dhu-AlQa'dah 21, 1435, September 16, 2014, SPA -- Prince Faisal bin Salman bin Abdulaziz, Governor of Madinah region announced the start of works of Namaa Al-Munawwarah Foundation as the executive arm of Madinah Endowment to support the sector of small and medium enterprises in the region. In a speech during a ceremony held at Taibah University here yesterday evening, the Prince said that in light of this developmental movement currently being witnessed by the Kingdom, especially the projects ordered by the Custodian of the Two Holy Mosques King Abdullah bin Abdulaziz Al Saud for the expansion of the Prophet's Mosque and the development of the surrounding areas, Madinah Endowment was established to be an effective tool in promoting the development work in the region, noting that Namaa Al-Munawwarah Foundation is affiliated to Madinah Endowment as a non-profit organization to launch a lot of initiatives to support the system of small and medium enterprises. The ceremony was attended by Minister of Commerce and Industry Dr. Tawfiq Al-Rabiah, Minister of Labor Engineer Adel Faqih, and Minister of Economy and Planning Dr. Mohammed Al-Jasser. --SPA 12:48 LOCAL TIME 09:48 GMT www.spa.gov.sa/w