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RIYADH: Saudi Arabia is witnessing elevated entrepreneurial exercise as the full variety of small and medium enterprises exceeded 1.2 million within the first quarter of 2023.
In response to a report launched by the Small and Medium Enterprises Basic Authority, often known as Monsha’at, this determine displays a 4.8 % surge in comparison with the ultimate quarter of 2022.
The report additional revealed that 88,858 new companies have been launched throughout the Kingdom within the first quarter of 2023.
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