Ayed is a financing product that is offered by the Social Development Bank in collaboration with SABIC’s NUSANED platform to help finance start-ups and micro enterprises that develop the local content in the local industries and services.
Product Objectives
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The product aims to
- increase the private sector’s contribution to the gross domestic product (GDP) from 40 % up to 65 % by 2030 A. D.
- increase the contribution of the small and medium size enterprises to the gross domestic product from 20 % up to 35 % by 2030 A.D.
- reduce the unemployment rate from 11.7 % down to 7 % by 2030 A.D.
- increase the contribution of exports in the non-oil gross domestic product from 16% up to 50% by 2030 A.D.
- increase the percentage of nationalization in the oil and gas sector from 40 % up to 75 % by 2030 A. D.
This content is currently available only in Arabic
User Guide
This user guide is available
in Arabic for Saudi Citizens
Required Documents
National id - National address - IBAN number -Absher phone number
Service channels
SDB portal
SDB mobile application
Online Service availability
24/7
Additional Information
For more information please click
here
Result: 4.1 (From 9 Ratings)