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

Robo.ai to fully acquire QC Capital for $60mn
News
Calendar Icon
June 23, 2026
Robo.ai to fully acquire QC Capital for $60mn
Read More
Forbes Middle East names 12 Saudis in Most Influential CMOs List
News
Calendar Icon
June 23, 2026
Forbes Middle East names 12 Saudis in Most Influential CMOs List
Read More
Monsha’at graduates 33 startups from its AI Incubator Program
News
Calendar Icon
June 23, 2026
Monsha’at graduates 33 startups from its AI Incubator Program
Read More
KAUST, SAB, MISA partner to accelerate global startup expansion into Kingdom
News
Calendar Icon
June 22, 2026
KAUST, SAB, MISA partner to accelerate global startup expansion into Kingdom
Read More
Saudi Arabia issues 322 industrial licenses in April 2026
News
Calendar Icon
June 22, 2026
Saudi Arabia issues 322 industrial licenses in April 2026
Read More
Future Hospitality Summit 2026 convenes in Riyadh today
News
Calendar Icon
June 22, 2026
Future Hospitality Summit 2026 convenes in Riyadh today
Read More
Sidra Capital, Four Directions partner on SAR 450 mn Fashion District in Riyadh
News
Calendar Icon
June 22, 2026
Sidra Capital, Four Directions partner on SAR 450 mn Fashion District in Riyadh
Read More
Wego partners with Ministry of Hajj to redefine digital Umrah experience
News
Calendar Icon
June 22, 2026
Wego partners with Ministry of Hajj to redefine digital Umrah experience
Read More
Saudi Arabia leads Forbes’ Arab Family Business list with 32 companies
News
Calendar Icon
June 21, 2026
Saudi Arabia leads Forbes’ Arab Family Business list with 32 companies
Read More
Saudi Arabia rises to 13th globally in IMD Competitiveness rankings
News
Calendar Icon
June 21, 2026
Saudi Arabia rises to 13th globally in IMD Competitiveness rankings
Read More