A funding tool in cooperation with Social Development Bank (SDB); “Nusaned” of SABIC for funding the emerging and small projects of developing local content in respect of industries and local services.
This program enables the investor to request for industrial fund including allocating a piece of land for industrial investment through standardized request in partnership with Saudi Industrial Development Fund; Economic Cities and Special Zones Authority (ECZA); King Abdullah Economic City as one industrial entity.
It is to finance the small and medium-scale projects of Kafalah Program in cooperation with bank with a fund up to 2,5 million Riyals.
It is to finance the small and medium-scale projects of Kafalah Program in cooperation with bank with a fund up to 10 million Riyals.
Financially covering the touristic projects of Kafalah Program in cooperation with banks with an amount up to 10 million Riyals.
Afaq program of industries fund to support Industrial projects- especially the small and medium-scale ones- by offering two products: First objective: To encourage the growth of promising small and medium-scale industries The second objective: Partnership with business incubators as the industrial business incubators of Badir program to encourage the industrial business entrepreneur by supporting their […]
The Bank offers through this funding tool a support to citizens of both gender to establish microenterprises in field of mobile POS with a financing amounting up to 250 thousand Riyals.