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Saudi entities secure 2.5B riyals for export support
The Small and Medium Enterprises Authority and the Saudi Export Development Authority concluded the activities of "Export Week" in the Kingdom, aimed at supporting and developing the capabilities of small and medium enterprises to expand into global markets. The event saw the participation of more than 40 governmental and private entities and benefited over 1,600 individuals through 8 main sessions, 60 entrepreneurial meetings, and 650 consulting sessions. The initiative aimed to familiarize entrepreneurs with export requirements, financing and logistical solutions, and to connect them with supporting entities to enhance their ability to compete in international markets. Experts highlighted that exports are a main driver of national economic growth, and that supporting small and medium enterprises contributes to increasing non-oil exports and achieving the goals of Saudi Arabia’s Vision 2030.
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