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

CNTXT AI acquires Actualize to expand enterprise-grade Arabic AI agents
News
Calendar Icon
June 4, 2026
CNTXT AI acquires Actualize to expand enterprise-grade Arabic AI agents
Read More
KPMG: 76% of Saudi organizations expect AI returns within 1 year
News
Calendar Icon
June 4, 2026
KPMG: 76% of Saudi organizations expect AI returns within 1 year
Read More
Dubai Economy Department launches ‘SME in a Box’ to foster entrepreneurs
News
Calendar Icon
June 4, 2026
Dubai Economy Department launches ‘SME in a Box’ to foster entrepreneurs
Read More
du, Open Innovation AI join forces to scale agentic AI adoption
News
Calendar Icon
June 4, 2026
du, Open Innovation AI join forces to scale agentic AI adoption
Read More
Anara Impact Capital reaches $48mn 1st close for debut MENA Fund
News
Calendar Icon
June 4, 2026
Anara Impact Capital reaches $48mn 1st close for debut MENA Fund
Read More
Tayseer Arabian named ‘Best Islamic SME Financing Provider’ in Saudi Arabia
News
Calendar Icon
June 3, 2026
Tayseer Arabian named ‘Best Islamic SME Financing Provider’ in Saudi Arabia
Read More
Saudi non-oil business activity rebounds in May, PMI hits 52.8
News
Calendar Icon
June 3, 2026
Saudi non-oil business activity rebounds in May, PMI hits 52.8
Read More
HUMAIN expands Saudi AI ambitions with NVIDIA Robotaxi partnership
News
Calendar Icon
June 2, 2026
HUMAIN expands Saudi AI ambitions with NVIDIA Robotaxi partnership
Read More
Zain KSA launches AI Center of Excellence to expand AI-powered solutions
News
Calendar Icon
June 2, 2026
Zain KSA launches AI Center of Excellence to expand AI-powered solutions
Read More
AMAK launches Advance Drilling Company with SAR 40 mn issued capital
News
Calendar Icon
June 2, 2026
AMAK launches Advance Drilling Company with SAR 40 mn issued capital
Read More