Saudi startups join Monsha’at in exploring Singaporean SME and tech sectors at SWITCH 2023

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Riyadh, 5 November: As part of its commitment to advancing the growth and development of the Saudi SME sector, Monsha’at, the Small and Medium Enterprises General Authority of the Kingdom of Saudi Arabia, participated in SWITCH 2023: Asia’s leading innovation and technology festival.

The technology festival — held from 31 October to 2 November 2023 in Singapore — served as a unique platform for innovative startups to showcase their businesses and call attention to the contributions of homegrown enterprises to the Saudi economy, reiterating the growth and development of the Saudi SME landscape.

Sami Al Hussaini, Governor of Monsha’at, said: “It goes without saying that we live in a decidedly — if not increasingly — globalized world. As such, collaboration is more vital than ever to overcoming challenges and barriers to long-term success. Even more so, joined-up, cross-border working is essential to creating new, lasting opportunities that contribute to the growth of entire industries and economies.

Monsha’at’s participation in SWITCH 2023 underlines the authority’s commitment to bolstering Saudi Arabia’s SME infrastructure. As part of this mission, the authority has set about taking part in a variety of international engagements to expand its global network, showcase the growth of the Kingdom’s SME sector, and strengthen ties with the wider business world.

 

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