Riyadh – Mubasher: Saudi Credit and Saving Bank (SCSB), along with the National Entrepreneurship Institute, has given its approval for 544 requests totalling SAR 66.76 million as part of the move to Saudise the Kingdom’s telecommunications sector.

The Saudi bank previously supported micro project owners in the telecom sector with investments amounting to around SAR 200,000.

This step aims to fulfill the Ministry of Labour and Social Development’s decision to limit working in this sector to Saudis, commented SCSB spokesperson Abdul Aziz Al Nasser in a statement.

He added that the approved demands span various regions in the kingdom.