Saudi Arabia seeks to increase bank credit for small and medium sized enterprises (SMEs) from 2 to 5 percent by 2020, finance minister Mohammed Al-Jadaan told Saudi Press Agency at the World Economic Forum in Davos.

 

He said the increase aims to open up new opportunities for the essential sector and help revive the economy at large.

 

The finance minister said investors showed positive sentiment in past weeks pumping large money into the stock market, as they realized the positive impact of the anti-corruption effort.

 

He said allowing women to drive cars in the kingdom will have a positive implication for local credit market.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2024, Argaam Investment, All Rights Reserved
Call Request