The Small and Medium Enterprises General Authority (Monshaat) has launched the second edition of the government fee refund initiative paid by new small and medium-sized enterprises for the fiscal years (2024–2028), titled “Estrdad”.

The initiative aims to support start-up enterprises during their early years, stimulate the business environment, and enhance their sustainability and competitiveness.

It is a national initiative designed to foster the growth of micro, small, and medium enterprises by refunding eligible government fees paid, in accordance with defined terms and criteria. This contributes to improving operational efficiency, ensuring business continuity, and enabling entrepreneurs to expand locally and enter new markets with confidence and stability.