Saudi SME Bank signed $801m in agreements at MOMENTUM 2025 to expand development finance and strengthen SME funding
Saudi SMEs
Latest in Saudi SMEs
Saudi SMEs
erad secures $125m facility to expand SME finance across the Gulf
Deal led by Jefferies marks the investment bank’s first asset backed financing transaction in the GCC as erad moves deeper into embedded finance
Biban
Biban Forum 2025: Saudi Arabia sees $6bn of entrepreneur deals on opening day
Saudi Arabia’s Biban Forum 2025 in Riyadh sees over $6bn in entrepreneurship and SME deals signed to boost innovation and global growth
Saudi SMEs
Saudi startups raise $862m as 80,000 new SMEs launched in Q2 2025
Saudi Arabia recorded 80,000 new SME commercial records in Q2 2025, bringing the total to 1.7m, as Monsha’at highlights $13bn
E-commerce
Saudi E-Commerce Council to provide 650 free online stores for small businesses
Saudi Arabia’s E-Commerce Council will give 650 free online stores to micro and small businesses, boosting digital growth under Vision 2030
General Authority for Small and Medium Enterprises (Monshaat)
Saudi Arabia launches $400m fund to boost startups and SMEs
Saudi Arabia will refund SAR1.5bn ($400m) in government fees to startups and SMEs through the Estrdad initiative
Ministry of Human Resources and Social Development
Saudi Arabia doubles SMEs to 1.2m as freelancers top 400k under Vision 2030
Saudi Arabia has doubled SMEs to 1.2m since 2016, with 400k freelancers and new youth initiatives driving Vision 2030 entrepreneurship and growth
Saudi SMEs
Saudi Arabia’s SME Bank supports businesses with $64m crowd-funding finance support
Saudi Arabia is supporting SMEs with access to crowd-funded finance
Biban
Biban 2024 ends with $9.4bn of deals in Saudi Arabia
Biban 2024 saw record levels of agreements and initiatives
business licenses
GCC firms eye Saudi Arabia amid $3tn foreign investment push; business licences explained
Saudi Arabia is increasingly welcoming firms from across the GCC as it looks to hit hugely ambitious economic growth targets
Magnitt
Saudi Arabia tops 2023 MENA venture capital rankings
VC funding for Saudi start-ups increased by 33 per cent last year
General Authority for Small and Medium Enterprises (Monshaat)
Saudi Arabia has 1.27m SMEs, 3.5% increase this year
Saudi Arabia has seen 40,000 new businesses created in Q3
Saudi Arabia
Saudi Arabia offers $2.7bn financing to SMEs
Saudi Arabia’s SME Bank provides financing to small businesses in the Kingdom
Biban
More than 88,000 new Saudi businesses launched in Q1
Saudi Arabia has more than 1.2m SMEs, sets 35% GDP target
Saudi Arabia
Saudi SMEs: 166% business boost amid $4.8bn funding drive
Saudi Arabia is supporting SMEs with funding, venture capital, training and legislation
Saudi businesses
Saudi Arabian entrepreneurship is transforming the kingdom
The startup sector is crucial to the kingdom’s long-term success
