Monsha'at receives 60 applications to convert medium enterprises to e-commerce

Logo of Monsha'at

Saudi Arabia's Small and Medium Enterprises General Authority (Monsha'at) received 60 applications to convert medium enterprises to e-commerce, Al Eqtisadiah newspaper reported.

The authority's program for converting medium enterprises to e-commerce aims to boost growth and competitiveness of such companies, as well as create opportunities to expand their business and contribution to the development of the national economy, according to data compiled by Argaam.

The program's target categories are medium enterprises having 50 – 249 employees, and their revenues ranging between SAR 40 to 200 million.