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البلاد
Musharqat refunds total 255M riyals
The General Authority for Small and Medium Enterprises "Monsha’at" announced that the "Restoration" initiative has helped recover 255 million riyals in government fees for over 8,800 small and medium enterprises so far, with the aim of easing financial burdens and supporting sustainable growth during the years from 2024 to 2026. The initiative includes the recovery of fees such as commercial registration, licenses, chamber of commerce and postal subscriptions, as well as up to 80% of the costs for foreign workers. The registration period remains open until the end of 2026, with payments continuing until 2028, and businesses are encouraged to register to verify their eligibility.
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