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الاقتصادية
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Saudi SMEs get 5bn riyals

Saudi SMEs get 5bn riyals

Financing provided to micro, small and medium-sized enterprises in Saudi Arabia reached SAR 4.98 billion in the second quarter of 2026, up 11.4% from the same period last year, when it totaled SAR 4.47 billion. Cumulative financing through the Small and Medium Enterprises Bank’s programs has reached around SAR 139 billion since 2006, benefiting more than 145,000 enterprises, with Riyadh accounting for 44.4% of the total. Wholesale and retail trade, and motor vehicle repair, ranked first by cumulative financing, at around SAR 42.7 billion. Meanwhile, agriculture, forestry and fishing recorded the strongest quarterly growth in financing, at 399.1%.

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