Minister of Industry and Commerce Dr. Tawfiq bin Fawzan Al-Rabeah honored Riyad Bank for sponsoring the 2015 Entrepreneur Award program in Saudi Arabia, which is sponsored by Ernst & Young Professional Services, in recognition of successful companies and businesses that are capable of growth and efficiency.

This came during the launch of the second edition of the award held recently in Riyadh. The Minister of Industry and Commerce handed over the honorary shield to Mohammed Abulnaga, Executive Vice President of Corporate Banking at Riyad Bank, in recognition of Riyad Bank's outstanding efforts to support the concept of entrepreneurship in the Saudi market and its interest in providing the necessary facilities and harnessing its capabilities and expertise to improve the performance of companies and support business owners to develop their businesses.«

Abulnaga stressed that the award is the first of its kind in the Kingdom of Saudi Arabia. Abouelnja emphasized the importance of this event in light of the fact that entrepreneurship today is the centerpiece of business excellence and an incubator for its prosperity, especially since the award is directed to the vital SME sector.