Saudi offers support to SMEs during coronavirus pandemic

Saudi offers support to SMEs during coronavirus pandemic
SMEs can apply for the required services online. (File/AFP)
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Updated 01 April 2020

Saudi offers support to SMEs during coronavirus pandemic

Saudi offers support to SMEs during coronavirus pandemic
  • Saudi Arabia has confirmed 1720, with 16 deaths and 264 recoveries
  • Applicants will receive their approvals or rejections in 10 days after filling all requirements

DUBAI: Saudi launches a number of services to support SMEs and reduce the costs, state news agency SPA reported on Wednesday.
Small and Medium Enterprises Authority, Monshaat, offers competitive features which are partially or fully subsidized to make it easier for such business to follow requirements, decrease operational costs, increase efficiency and improve performance.
SMEs can apply for the required services or mazaya – Arabic for advantages – on the organization’s website, https://mazaya.monshaat.gov.sa.
Some of the available services are creating a website, managing social media and Human Resources management.
Applicants will receive their approvals or rejections in 10 days after filling all requirements.
Saudi Arabia has confirmed 1720, with 16 deaths and 264 recoveries.