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

Snipefinity showcases innovative trading technology solutions at Money20/20 Middle East
News
Calendar Icon
September 17, 2026
Snipefinity showcases innovative trading technology solutions at Money20/20 Middle East
Read More
Malki: TAM Capital offers all investment options via single digital platform
News
Calendar Icon
September 17, 2026
Malki: TAM Capital offers all investment options via single digital platform
Read More
Alpha Power develops shariah-compliant solar financing platform in Saudi Arabia
News
Calendar Icon
September 17, 2026
Alpha Power develops shariah-compliant solar financing platform in Saudi Arabia
Read More
GlassHub develops AI-powered compliance solutions for Saudi financial sector
News
Calendar Icon
September 17, 2026
GlassHub develops AI-powered compliance solutions for Saudi financial sector
Read More
Future Industrialists initiative launches at SIF 2026 to build industrial human capital
News
Calendar Icon
September 17, 2026
Future Industrialists initiative launches at SIF 2026 to build industrial human capital
Read More
SAL signs 2 MoUs with CIMC to boost Saudi logistics infrastructure
News
Calendar Icon
September 17, 2026
SAL signs 2 MoUs with CIMC to boost Saudi logistics infrastructure
Read More
Capgemini: Businesses accelerate climate adaptation efforts amid growing risks
News
Calendar Icon
September 16, 2026
Capgemini: Businesses accelerate climate adaptation efforts amid growing risks
Read More
Signit launches AI platform ‘Al-Siraj’ at Money20/20 Middle East
News
Calendar Icon
September 16, 2026
Signit launches AI platform ‘Al-Siraj’ at Money20/20 Middle East
Read More
Barq signs multiple deals with local, global partners to expand its footprint
News
Calendar Icon
September 16, 2026
Barq signs multiple deals with local, global partners to expand its footprint
Read More
Al zamar: Sufrah partakes in Money20/20 Middle East to explore new partnerships
News
Calendar Icon
September 16, 2026
Al zamar: Sufrah partakes in Money20/20 Middle East to explore new partnerships
Read More