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

77% of founders in Saudi Arabia consider going public
News
Calendar Icon
April 26, 2026
77% of founders in Saudi Arabia consider going public
Read More
Saudi digital economy contributes 16% to GDP, ICT market hits $53bn
News
Calendar Icon
April 26, 2026
Saudi digital economy contributes 16% to GDP, ICT market hits $53bn
Read More
Kafalah program supports SMEs with over SAR 130.6 bn in 2025
News
Calendar Icon
April 26, 2026
Kafalah program supports SMEs with over SAR 130.6 bn in 2025
Read More
Sheraa unveils AED 5mn fund to empower startups, SMEs
News
Calendar Icon
April 26, 2026
Sheraa unveils AED 5mn fund to empower startups, SMEs
Read More
Mawani invests over SAR 30 bn to develop Saudi ports
News
Calendar Icon
April 26, 2026
Mawani invests over SAR 30 bn to develop Saudi ports
Read More
FDI share of Saudi GDP reaches 2.8% in 2025
News
Calendar Icon
April 26, 2026
FDI share of Saudi GDP reaches 2.8% in 2025
Read More
Sohar International launches 2nd edition of Women SME Development Program
News
Calendar Icon
April 26, 2026
Sohar International launches 2nd edition of Women SME Development Program
Read More
SIF to launch first sports innovation incubator in Saudi Arabia
News
Calendar Icon
April 23, 2026
SIF to launch first sports innovation incubator in Saudi Arabia
Read More
Manara Minerals shifts strategy from M&A to partnerships
News
Calendar Icon
April 23, 2026
Manara Minerals shifts strategy from M&A to partnerships
Read More
Saudi OmniOps joins Grafana Labs Partner Program to boost AI observability
News
Calendar Icon
April 22, 2026
Saudi OmniOps joins Grafana Labs Partner Program to boost AI observability
Read More