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Saudi Arabia

Government guarantees for SMEs reached SR 1.95 billion

Saudi- Kafala Programme issued SR 1.95 billion worth of guarantees since its start in 2006. (more…)

#bank#conference#guarantees

Saudi SMEs risk losing main liquidity donors

Commercial goods SME traders and manufacturers will need to look for alternative sources of liquidity. (more…)


SAMA chief calls on improving conditions for SMEs

Muhammad Al-Jasser, governor of the Saudi Arabian Monetary Agency (SAMA), has emphasized the need for increasing the contribution of small…

#banks#GDP#international


ITFC announce $1.6bn H1 trade finance operations

In its mid-year financial report for 1429 (2008), the International Islamic Trade Finance Corporation (ITFC) announced the execution of trade…

#bank#international#Islamic Development Bank


ABN AMRO, Saudi Hollandi Bank and Atradius DSB close...

ABN AMRO, Saudi Hollandi Bank and Atradius use a new innovative structure to finance the purchase, by HUTA, of a…

#ABN AMRO#Atradius#bank


Export credit insurance industry grows rapidly

The export credit insurance industry has witnessed rapid growth during this decade, said Abdul Rahman Taha, general manager of ICIEC.…

#export credit insurance#insurance#Two


3i Infotech expands in Saudi Arabia

3i Infotech is launching a fully owned subsidiary, 3i Infotech (Saudi Arabia), and will set up offices in Riyadh, Jeddah…


Saudi Credit Bureau database helps SMEs qualify for loans

The newly established Saudi Credit Bureau, the only one of its kind in the Middle East, has announced that its…

#bank#international#risk


Report on short-term credit options

Most bank credits in Saudi Arabia are short-term in nature; they are usually self-extinguishing overdraft facilities or loan terms of…


JCCI trainees get priority for loans to set up...

Entrepreneurs who completed a four-week course on establishing small- and medium- sized enterprises (SMEs) at the Jeddah Chamber of Commerce…

#cash-flow#interest#smes


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