Monsha’at fosters entrepreneurs in Eastern Province

user icon
NOHA.GAD
calender icon
Feb 26, 2024
article image

Riyadh - Sharikat Mubasher: Governor of the Small and Medium Enterprises General Authority (Monsha’at) Sami Alhussaini held several meetings to explore ways of fostering entrepreneurs in the Eastern Province.

Alhussaini met with Bader AlReziza, Chairman of the Asharqia Chamber, and other members to discuss means of cooperation to support small and medium-sized enterprises (SMEs) and entrepreneurship sectors in the province, as reported by the Saudi Press Agency (SPA).

The meeting showcased the efforts of Monsha’at and the Asharqia Chamber to foster startups and the entrepreneurship sector and empower SME owners and entrepreneurs.

Alhussaini also met with several entrepreneurs and SME owners in the Eastern Province to discuss the challenges facing them and how to facilitate their businesses’ growth in addition to exploring promising opportunities and initiatives in the province.

For his part, AlReziza affirmed that the meeting keeps entrepreneurs updated with the future plans of Monsha’at.

He added that the Asharqia Chamber launched a diverse suite of programs, seminars, and workshops to help SMEs develop, upgrade performance, and attract more capital.

Monsha’at provided a lot of services and initiatives to nurture entrepreneurs and SME owners in the province by offering consultancies and training programs to empower them to expand and grow their projects.

It is worth noting that the number of SMEs in the Eastern Province reached 141,000 during the fourth quarter of 2023, with more than one million employees.


Share

Related News

Saudi CEOs occupy 13 spots on Forbes Middle East’s 2026 Top 100
News
Calendar Icon
August 10, 2026
Saudi CEOs occupy 13 spots on Forbes Middle East’s 2026 Top 100
Read More
SDB signs SAR 10 mn social investment deal with Namal
News
Calendar Icon
August 10, 2026
SDB signs SAR 10 mn social investment deal with Namal
Read More
Wadi Jeddah moves 10 startups into incubation after bootcamp
News
Calendar Icon
August 10, 2026
Wadi Jeddah moves 10 startups into incubation after bootcamp
Read More
Saudi Arabia registers 47,000 new companies in H1-2026
News
Calendar Icon
August 9, 2026
Saudi Arabia registers 47,000 new companies in H1-2026
Read More
Apparel Group to Bring 24 Global Brands to Multaqa AlMadinah Mall
News
Calendar Icon
August 9, 2026
Apparel Group to Bring 24 Global Brands to Multaqa AlMadinah Mall
Read More
Tether, First Data, BKN301 partner to tokenize real estate assets in Kingdom
News
Calendar Icon
August 9, 2026
Tether, First Data, BKN301 partner to tokenize real estate assets in Kingdom
Read More
C3 unveils EmpowerHer Climate accelerator for MENA startups
News
Calendar Icon
August 6, 2026
C3 unveils EmpowerHer Climate accelerator for MENA startups
Read More
MoneyHash collaborates with Azm Fintech to simplify digital payments for businesses
News
Calendar Icon
August 5, 2026
MoneyHash collaborates with Azm Fintech to simplify digital payments for businesses
Read More
Propel Consult enters Saudi Arabia with AstroLabs support
News
Calendar Icon
August 5, 2026
Propel Consult enters Saudi Arabia with AstroLabs support
Read More
PIF-led consortium completes $55bn acquisition of games publisher EA
News
Calendar Icon
August 5, 2026
PIF-led consortium completes $55bn acquisition of games publisher EA
Read More