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- Saudi bank lending hits record $788bn as corporate loans surge
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01/03/2018 05:27 AST
The Saudi British Bank has joined hands with King Abdullah University of Science and Technology (KAUST) to launch the second phase of Taqadam program to support university-based entrepreneurs' projects that includes 37 teams of students and faculty members from 18 Saudi universities.
This came after the success of the program in its first version.
Taqadam is an example of SABB's major initiatives in support of the Kingdom's Vision 2030 and an aspirations model to support the SME sector in the Saudi economym, said a statement from the Saudi bank.
SABB is providing financial grants for new projects and innovative ideas of the universities students and faculty members and turning them into an emerging companies with promising potential, it stated.
The Taqadam program supports initiatives in various fields such as financial technology, digital solutions, industrial solutions and food and water sustainability, it added.
Trade Arabia
02/04/2018
The Saudi British Bank (SABB) recently celebrated the winners of the first batch of the Taqadam start up accelerator programme in the presence of several senior officials from the government, private
Trade Arabia
21/02/2018
The Saudi British Bank (SABB) recorded a net profit of SR3.955 billion ($1.05 billion) for 2017, as against a net profit of SR3.895 billion for the previous year, marking an increase of 1.5 per cent.
Trade Arabia
15/01/2018
Saudi British Bank (SABB), the leading trade bank in the kingdom, has appointed Stephen Moss, currently the group's head of strategy and planning at HSBC United Kingdom, as a non-executive director i
Trade Arabia
06/02/2025
Saudi utility giant ACWA Power has signed two agreements with Aramco to accelerate the deployment of renewable energy projects and evaluate the performance of vanadium flow batteries in the Kingdom's
Arab News
05/02/2025
Al Rajhi Bank, a pioneer in innovative banking solutions in Saudi Arabia, has announced a strategic partnership with RATL Technology, the owner of Muhide fintech platform, to digitally empower and fi
Saudi Gazette
14/09/2024
RIYADH: Saudi master developer Emaar The Economic City's SR8.7 billion ($2.32 billion) capital optimization plan is a "strategic response" to its current financial challenges, according to its CEO. <
Saudi Gazette
12/09/2024
Saudi wheat flour producer Arabian Mills for Food Products Co. has set its final initial public offering price at SR66 ($17.59) per share on the Tadawul main market. During the book-building proces
Arab News
04/05/2018
SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.
Saudi Gazette
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