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

Events Fund to develop 20 projects worth SAR 8 bn in five years
News
Calendar Icon
December 10, 2025
Events Fund to develop 20 projects worth SAR 8 bn in five years
Read More
Qai, Brookfield establish $20bn JV to advance AI infrastructure
News
Calendar Icon
December 10, 2025
Qai, Brookfield establish $20bn JV to advance AI infrastructure
Read More
36 startups showcase innovative water technologies at IDWS 2025 Deal Day
News
Calendar Icon
December 10, 2025
36 startups showcase innovative water technologies at IDWS 2025 Deal Day
Read More
SME Bank signs 19 deals exceeding SAR 3 bn during MOMENTUM 2025
News
Calendar Icon
December 10, 2025
SME Bank signs 19 deals exceeding SAR 3 bn during MOMENTUM 2025
Read More
SDAIA announces ICAN 2026 to advance national AI and data talent
News
Calendar Icon
December 9, 2025
SDAIA announces ICAN 2026 to advance national AI and data talent
Read More
Cyberani, KPMG form strategic partnership to strengthen Saudi cybersecurity
News
Calendar Icon
December 9, 2025
Cyberani, KPMG form strategic partnership to strengthen Saudi cybersecurity
Read More
Capgemini unveils top five tech trends in 2026
News
Calendar Icon
December 9, 2025
Capgemini unveils top five tech trends in 2026
Read More
Evercore secures license to launch Saudi operations
News
Calendar Icon
December 9, 2025
Evercore secures license to launch Saudi operations
Read More
Kearney: AI spending driving strong momentum for Saudi cities
News
Calendar Icon
December 9, 2025
Kearney: AI spending driving strong momentum for Saudi cities
Read More
IBM expands Saudi footprint after training 500,000 in AI
News
Calendar Icon
December 9, 2025
IBM expands Saudi footprint after training 500,000 in AI
Read More