2023-08-26 01:17:53
Riyadh: Number of small and medium enterprises in Saudi Arabia Report that the significant increase continues in Small and Medium Enterprises General Authority (formerly Shaath) published the report. Small and medium enterprises in the second quarter of the current financial year A growth of 2.6 percent was recorded in the number of The total number of enterprises in the state has crossed 12,30,000, the authority has issued. Figures indicate.
Riyadh Province has the highest number of establishments -42.3 percent. 18.6 percent in Makkah Province and 11.1 percent in Eastern Province. The money is working. Most of these are establishments in the construction sector, accounting for 30.7 percent. the amount 11.6 percent in the support and services sector. is coming
Most of the new ventures are in the tourism sector. To support this, special financial assistance and Govt. There is a Social Development Bank to provide 100 crore riyals for this. The authority announced that an agreement has been reached.
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