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RIYADH: The Social Development Bank announced at the Gulf Entrepreneurship Congress in Riyadh to allocate more than SR11 billion ($2.9 billion) to support over 680,000 entrepreneurs in º£½ÇÖ±²¥.
The bank supports many financing, training and sponsorship programs for entrepreneurs to help them develop their projects, the Saudi Press Agency reported on Sunday.
The Saudi-based bank has provided loans worth more than SR10 billion, the report quoted Ibrahim Al-Rashed, CEO of the bank, as saying.
The bank also signed several agreements with strategic partners to provide training to Saudi entrepreneurs.