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Saudi development bank to pump SAR 22bn in small-sized enterprises

Saudi development bank to pump SAR 22bn in small-sized enterprises
The plan is set to be finished before the end of 2025

Riyadh – Mubasher: Saudi Arabia’s Social Development Bank on Monday revealed plans to inject SAR 22 billion for supporting and establishing 70,000 small-sized enterprises in the kingdom, the bank’s director general said.

The plan is set to be finished before the end of 2025, Ibrahim Alrashid added on Twitter.

The enterprises will include projects for households, e-marketing and ride-sharing apps.