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

Eli Lilly acquires CE-Ventures portfolio company CrossBridge Bio
News
Calendar Icon
April 15, 2026
Eli Lilly acquires CE-Ventures portfolio company CrossBridge Bio
Read More
Adyen partners with Careem Pay to enhance digital remittances in UAE
News
Calendar Icon
April 15, 2026
Adyen partners with Careem Pay to enhance digital remittances in UAE
Read More
Saudi Arabia climbs to no.1 in Global Digital Readiness Ranking
News
Calendar Icon
April 15, 2026
Saudi Arabia climbs to no.1 in Global Digital Readiness Ranking
Read More
Safari Group, PMaestro plan $35mn Fund to expand Chuck E. Cheese network
News
Calendar Icon
April 15, 2026
Safari Group, PMaestro plan $35mn Fund to expand Chuck E. Cheese network
Read More
Riyadh to host 3 Saudi accelerators backing agricultural, sustainability startups
News
Calendar Icon
April 15, 2026
Riyadh to host 3 Saudi accelerators backing agricultural, sustainability startups
Read More
Falak Holing acquires Kernel for AI to expand technical capabilities
News
Calendar Icon
April 14, 2026
Falak Holing acquires Kernel for AI to expand technical capabilities
Read More
Kodamai taps First Mills for 1st deployment of verified AI agents
News
Calendar Icon
April 14, 2026
Kodamai taps First Mills for 1st deployment of verified AI agents
Read More
Saudi Tourism Development Fund launches Cohort 6 of Grow Tourism Accelerator
News
Calendar Icon
April 14, 2026
Saudi Tourism Development Fund launches Cohort 6 of Grow Tourism Accelerator
Read More
Egypt’s biotech startup Reme-D secures $500K to expand operations
News
Calendar Icon
April 14, 2026
Egypt’s biotech startup Reme-D secures $500K to expand operations
Read More
PayTabs fully acquires TAPn’GO to enhance businesses' checkouts across MENA
News
Calendar Icon
April 14, 2026
PayTabs fully acquires TAPn’GO to enhance businesses' checkouts across MENA
Read More