Skip to content Skip to Search
Skip navigation
Banking & Finance
Company Insights

Wamda

Wamda News

AGBI

Saudi credit to SMEs up 11.5%, startup funding up 145%

Credit provided by Saudi financial institutions to small businesses rose by 11.5 percent last year, while funding raised by startups in the kingdom is up 145 percent this year, as the Riyadh government continues to encourage the development of the country’s local business community. Credit awarded to Saudi micro, small and medium-sized enterprises reached 203.25 […]