Question
Recently SIDBI and Small and Medium Enterprises General
Authority of the which gulf country have signed an MoU to develop micro, small and medium enterprises (MSMEs) and their ecosystem?Solution
Small Industries Development Bank of India (SIDBI) and Small and Medium Enterprises General Authority of the Kingdom of Saudi Arabia (also known as Monsha’at) have signed an MoU to develop micro, small and medium enterprises (MSMEs) and their ecosystem, in both the countries. The collaboration with SIDBI would help SME Bank drive the business journeys of SMEs by providing diverse digital financial products.
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