Saudi Arabia’s Social Development Bank allocates $2.39b aid for small businesses

Saudi Arabia’s Social Development Bank allocates $2.39b aid for small businesses

The move comes as the country explores ways to support the local economy, which has taken a hit as a result of the coronavirus outbreak. DUBAI: The Social Development Bank (SDB) in Saudi Arabia has recently launched new initiatives to support small businesses in the Kingdom, as well as self-employed entrepreneurs, state news agency SPA reported.. The bank also offered a 6-month grace period, which began last month, for installments.. DUBAI: Saudi Arabia has received repatriated nationals from Georgia and Azerbaijan, as part of the Kingdom's efforts to facilitate the return of stranded Saudis amid the coronavirus outbreak, Saudi Press Agency has reported.. A Saudi Arabian flight landed at the King Abdulaziz International Airport in Jeddah, and the passengers were received by officials for necessary health checks..