SMEs Receive New Financing Support

Saudi Arabia has announced the launch of financing solutions amounting to up to 1.5 billion riyals over the next five years to support small and medium-sized enterprises affiliated with the Saudi Aramco ecosystem, aiming to enhance their liquidity and operational efficiency. This initiative is part of a collaboration between the Small and Medium Enterprises Bank, Aramco's Tolid program, and Manafah Financial Company, with the goal of facilitating access to funding through flexible repayment plans and quick procedures to support the growth and sustainability of the industrial and commercial sectors in the kingdom.

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