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Saudi Social Development Bank allocates $3 5bn to freelancer, productive families

RIYADH: Saudi Arabia’s Social Development Bank has disbursed around SR13.2 billion ($3.5 billion) loans to freelancers and productive families, supporting 342,000 beneficiaries, as the lender looks to increase their contribution to the national economy. This takes the bank’s total financing since it started providing loans to SR138 billion while benefiting over 3 million

It s business time as Saudi entrepreneurs try to make it big

RIYADH: Artists and pottery makers are among a host of talented Saudis displaying their work at a Riyadh event to promote and support the Kingdom’s small-business entrepreneurs. The Social Development Bank’s Souq Addar exhibition has opened as the centerpiece of a countrywide initiative to promote “microenterprises” in 36 cities. The exhibitions allow entrepreneurs to display

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