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

Backed by AstroLabs, Cloudsdcs launches operations in Saudi Arabia
News
Calendar Icon
April 29, 2026
Backed by AstroLabs, Cloudsdcs launches operations in Saudi Arabia
Read More
OGold secures strategic investment from Plug and Play Ventures
News
Calendar Icon
April 29, 2026
OGold secures strategic investment from Plug and Play Ventures
Read More
WEF: SUSTAIN platform to unlock $20bn partnerships in Kingdom by 2030
News
Calendar Icon
April 29, 2026
WEF: SUSTAIN platform to unlock $20bn partnerships in Kingdom by 2030
Read More
SAMA licenses Dufaa Financing Company to provide consumer finance
News
Calendar Icon
April 29, 2026
SAMA licenses Dufaa Financing Company to provide consumer finance
Read More
SIC invests in BRKZ to leverage AI in supply chain
News
Calendar Icon
April 29, 2026
SIC invests in BRKZ to leverage AI in supply chain
Read More
Saudi Arabia signs 2 agreements to build 16MW Tier III data center
News
Calendar Icon
April 29, 2026
Saudi Arabia signs 2 agreements to build 16MW Tier III data center
Read More
Wadi Jeddah, Falak Angels launch ‘KAU Angel Investor Program’
News
Calendar Icon
April 28, 2026
Wadi Jeddah, Falak Angels launch ‘KAU Angel Investor Program’
Read More
Spare unveils first global Open Banking payments solution
News
Calendar Icon
April 28, 2026
Spare unveils first global Open Banking payments solution
Read More
Saudi Arabia strengthens its position as global AI hub
News
Calendar Icon
April 28, 2026
Saudi Arabia strengthens its position as global AI hub
Read More
Rain acquires Digital Ma’arefa to strengthen presence in Saudi Arabia, region
News
Calendar Icon
April 28, 2026
Rain acquires Digital Ma’arefa to strengthen presence in Saudi Arabia, region
Read More