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مباشر
10 million riyals for social entrepreneurs
The Social Development Bank and Namal Social Investment Company have signed an agreement worth 10 million Saudi Riyals to finance and support entrepreneurs and startups in the fields of social investment, in line with Saudi Arabia's Vision 2030 goals to create a more vibrant and sustainable economy. The bank will manage and operate the portfolio aimed at funding projects in areas such as human health, environmental commitment, and enhancing social impact, with the goal of stimulating innovative ideas, increasing the contribution of small enterprises to the national economy, and providing sustainable employment opportunities. This initiative is part of the bank’s plan to establish a multi-billion riyal portfolio for corporate social responsibility, aimed at strengthening the economic and social role of the private and non-profit sectors in the Kingdom’s sustainable development.
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