The Governor of The Small and Medium Enterprises General Authority “Monsha’at”, Mr. Sami Ibrahim Al Hussaini, met in Jeddah with the Chairman of The Jeddah Chamber, Mohammad Yousef Naghi, along with several board members. The meeting focused on exploring ways to strengthen collaboration and expand partnerships that support the local entrepreneurship ecosystem, while also discussing how to further empower SMEs and increase their contribution to GDP in line with the goals of Saudi Vision 2030.

During the meeting, Al Hussaini highlighted Jeddah’s role as a key economic hub in Saudi Arabia, citing its strategic location, advanced infrastructure, and high-potential sectors. He also emphasized Monsha’at’s commitment to working closely with relevant stakeholders to enhance the business environment and enable entrepreneurs to access financing solutions and advisory services that help their ventures grow and sustain.

As part of the visit, the Governor also held an expanded session with entrepreneurs and SMEs owners in Jeddah, where he listened to the main challenges they face and discussed opportunities for business growth. He also reviewed the Authority’s programs and initiatives aimed at supporting startups and improving their operational efficiency, reaffirming Monsha’at’s commitment to fostering an innovation-driven environment that helps transform entrepreneurial ideas into impactful and successful businesses.

This visit is a part of a series of regular meetings organized by Monsha’at across different regions of the Kingdom to strengthen engagement with partners, support entrepreneurs, and further develop a sustainable entrepreneurial ecosystem that drives innovation and economic growth.