\u00a0\u00a0Riyadh-Property
\n The Saudi Credit and Savings Bank (SCSB) confirmed the approval of financing 365 projects within the Small and Emerging Enterprises Support and Financing Program \u201cMasarat\u201d worth more than 83 million riyals, within the path of \u201cemerging\u201d projects.
\nAhmed Al-Jabreen, the bank's spokesperson, explained that the bank approved the final funding list for 365 projects worth 83,217,841 riyals in the emerging projects track, indicating that the nature of these projects varied between service, commercial and industrial projects in most regions of the Kingdom, including 313 projects for men and 52 projects for women. He pointed out that the emerging projects track targets small and emerging projects whose investment cost does not exceed 300,000 riyals, noting that the lowest funding amount in these projects amounted to 113,000 riyals and the highest amount was 300,000 riyals, which is the upper limit for funding this track. Al-Jabreen emphasized that the bank provides assistance to ambitious and serious youth in establishing their own projects, through material and advisory support, as well as facilitating procedures either directly or through sponsors.
\n It is noteworthy that the Credit Bank recently announced its approval to finance 166 projects in the emerging projects track within the bank's support and financing of projects in the \u201cMasarat\u201d program, bringing the number of projects approved and financed in this track within a week to more than 500 projects worth more than 120,600 million riyals.<\/p>","protected":false},"excerpt":{"rendered":"
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