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FINANCIAL NEWS
Saudi’s SR4b to develop SMEs
09 Aug 2016
(MENAFN) Investments of SR4bn in Saudi Arabia are a notable incentive to develop the business of small and medium enterprises (SMEs).
Furthermore, the aim of the fund is to invest in venture capital and the private ownership in agreement with trade foundations to help investment chances in SMEs.
On the other hand, the fund will also enhance the rate of non-oil exports and make more job chances and clear regulatory and procedural obstacles.
Accordingly, a professional association should be built in order to raise the level of efficiency and professionalism in venture capital and the private ownership sector.
More News
17 Sep 2025
BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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