Saudi Arabia is supporting SMEs with access to crowd-funded finance
Saudi SMEs
Latest in Saudi SMEs
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
Biban
Saudi’s Social Development Bank pledges $6.4bn to start-up businesses and freelancers
Saudi bank offers funding to businesses in the Kingdom on sidelines of Biban 2023 in Riyadh
accelerators
Evaluating market demand and right timing ‘crucial’ for Saudi startups to succeed: Expert
The startup sector across the Middle East is currently the rise, with the sector recovering from Covid-19 slowdown
Awini
Saudi SMEs race to the cloud
Public cloud spending in Saudi Arabia will cross the $950 million mark in 2022 and will grow at CAGR 24 percent by 2025, new research indicates
Coronavirus Saudi Arabia
SAMA to extend Covid-19 support programme for micro and SME businesses through 2023
Saudi Central Bank’s Guaranteed Finance programme has handed out SR11bn since its inception in 2020
Coronavirus Saudi Arabia
SME confidence in Saudi Arabia on the rise after Covid shock – survey
Mastercard research shows 83% of SMEs in Saudi Arabia are optimistic about the next 12 months
kafalah
Saudi Arabia’s SME financing guarantee program sees huge spike in demand
Kafalah issues guarantees valued at over SR30bn during 2020 as coronavirus impact more than doubles demand
advertising
Video: TikTok’s $100 million credit fund – Middle East SMEs
TikTok’s Back to Business program is offering $100 million in ad credits for small businesses advertising on the site.