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SMEs Receive 143M Riyal Refunds
The Small and Medium Enterprises Authority, "Munstashat," announced that more than 143 million riyals have been recovered through the "Recuperation" initiative, benefiting over 5,600 small and medium-sized enterprises. The initiative targets establishments that started their operations between 2024 and 2026 and covers 10 major government fees. Registration remains open until the end of 2026, with payments expected to be disbursed until 2028, aiming to support financial liquidity and sustainable growth for these businesses.
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