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

New Cheval Maison to open in Riyadh as Cheval–Ladun partnership grows
News
Calendar Icon
November 20, 2025
New Cheval Maison to open in Riyadh as Cheval–Ladun partnership grows
Read More
HUMAIN, Adobe to build AI models, AI-powered applications
News
Calendar Icon
November 20, 2025
HUMAIN, Adobe to build AI models, AI-powered applications
Read More
Saafah Foundation, Schneider Electric partner to advance sustainability, governance in Kingdom
News
Calendar Icon
November 20, 2025
Saafah Foundation, Schneider Electric partner to advance sustainability, governance in Kingdom
Read More
Waheej, Madinet Masr launch ‘Citydom’ as new joint venture
News
Calendar Icon
November 20, 2025
Waheej, Madinet Masr launch ‘Citydom’ as new joint venture
Read More
HUMIAN leads $900mn series C round for Luma AI
News
Calendar Icon
November 20, 2025
HUMIAN leads $900mn series C round for Luma AI
Read More
Secure.com closes $45mn funding to expand AI security agents
News
Calendar Icon
November 20, 2025
Secure.com closes $45mn funding to expand AI security agents
Read More
PIF, SITE, Microsoft sign MoU to explore sovereign cloud services in Kingdom
News
Calendar Icon
November 20, 2025
PIF, SITE, Microsoft sign MoU to explore sovereign cloud services in Kingdom
Read More
Monsha’at kicks off participation at Slush 2025 in Helsinki
News
Calendar Icon
November 20, 2025
Monsha’at kicks off participation at Slush 2025 in Helsinki
Read More
HUMAIN partners with AMD, Cisco to power Kingdom’s AI future
News
Calendar Icon
November 20, 2025
HUMAIN partners with AMD, Cisco to power Kingdom’s AI future
Read More
THC, Archer Aviation, RSG partner to bring eVTOL aircraft in Saudi Arabia
News
Calendar Icon
November 19, 2025
THC, Archer Aviation, RSG partner to bring eVTOL aircraft in Saudi Arabia
Read More