Tourists’ spending in Saudi Arabia up 23% to $12bn

RIYADH: Saudi Arabia’s Small and Medium Enterprise Bank disbursed SR1 billion ($267 million) between its inception in December 2022 and January this year, the latest figures show. Official data from the Kingdom’s National Development Fund shows that the bank has launched five new financing products for SMEs in 2023 – microcredit, working capital loans, term … Read more