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FINANCIAL NEWS
SIDF to grant eleven loans of USD0Ù«29 b
21 Sep 2013
(MenaFn) The Saudi Industrial Development Fund (SIDF) plans to grant loans worth USD0Ù«29 billion for the establishment and expansion of 11 projects, according to Arab News.
SIDF Director General Ali bin Abdullah Al-Ayed said that the consumer industries sector owns the majority of the loans’ shares of about USD113Ù«3 million, while the building material sector ranked second of USD109Ù«3 million.
Mr. Al-Ayed said that six loans will go to the consumer and supportive industrial services sectors, while the engineering sector and building materials sectors will get four loans. The last loan will go to the chemical industry sector.
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BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
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BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
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BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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