Governor Sami Al Husseini of the Directorate General of Small and Medium Enterprises (Monshat) pledged to work with relevant authorities to expedite the payment of dues of delinquent private sector facilities, stressing that the role of the Directorate is not to provide direct financial support, but rather is limited to mediation, follow-up and overcoming obstacles.
This happened today (Monday) during a public meeting organized by the Taif Chamber of Commerce and Industry, when Al-Husseini discussed a complaint lodged by a medical facility about six months ago regarding the late payment of membership fees for purchasing services for the Ministry of Health worth about 30 million riyals, and the delayed payment of salaries of the facility’s employees.
At the meeting, many complaints were received from small and medium-sized enterprises, with a particular focus on withdrawals from the market due to poor financial performance. Participants emphasized the need to monitor the causes of poor business performance and carry out specialized on-site investigations to find practical solutions that will help companies improve their sustainability.
In a visual presentation, Mr. Al Husseini reviewed the most prominent services provided by “Monshaat” to support and empower small and medium-sized enterprises and entrepreneurs, reviewed the challenges they face, and sought to transfer and discuss those challenges with relevant authorities to contribute to addressing those challenges.
He also mentioned the benefits of the “Recovery” service launched by the authorities, in addition to the discounted service package “Jadir” services and the “Nawafez” application, as part of efforts to refund government fees paid by new SMEs during the financial year (2024-2028).
He also reviewed a number of virtual and in-person training programs aimed at developing the capabilities of entrepreneurs and business owners, honing their managerial, technical and financial skills in a way that contributes to accelerating business growth, ensuring sustainability and strengthening the culture of entrepreneurship.
Governor Sami Al Husseini of the Directorate General for Small and Medium Enterprises “Monshat” pledged to work with relevant public institutions to facilitate the payment of arrears by private companies, stressing that the role of the authorities is not to provide direct financial support, but rather to mediate, follow up and remove obstacles.
This took place yesterday (Monday) during a public meeting organized by the Taif Chamber of Commerce and Industry, where Al-Husseini responded to complaints filed by health facilities that the payment of membership fees for services purchased on behalf of the Ministry of Health amounted to nearly 30 million riyals in about six months, which was causing delays in salary payments for the facility’s employees.
During the conference, several complaints were raised by SMEs, the most prominent of which was market exit due to financial difficulties, and the participants called for the need to carry out professional field research to identify the reasons for these difficulties and find practical solutions that contribute to improving the sustainability of enterprises.
In a visual presentation, Mr. Al Husseini reviewed the main services provided by “Monshat” to support and empower small and medium-sized enterprises and entrepreneurs, highlighted the challenges they face, and sought to communicate and discuss with relevant authorities to address those challenges.
He also mentioned the benefits of the “Refund” service, the discounted service package “Jadir” service and the “Nawafid” application launched by the authorities as part of the initiative to refund government fees paid by new SMEs during the financial year (2024-2028).
He also introduced a number of virtual and in-person training programs aimed at developing the capabilities of entrepreneurs and managers, sharpening managerial, technical and financial skills, accelerating business growth, ensuring sustainability and strengthening the culture of entrepreneurship.
