Initiating development initiatives in good faith

Tuesday-2024-09-03

Manufacture, 3 September 2024:
His Royal Highness Prince Salman bin Sultan Bin Abdulaziz, Emir of the Manatar Region, today, Jeddah 30, an initiative of the Bank for Social Development to promote comprehensive and balanced development in the region, was launched in the presence of the Executive Chairman of the Engineer Sultan Bin Abdul-Azizdi and a number of business leaders and leaders.
During his tour at the headquarters of the Bank for Social Development, His Highness the Emir of the Enchanted City Region was briefed on the details of the Jeddah 30 programme, a non-financial service provided by the Bank to create a supportive environment for business leadership and contribute to economic and social growth in the region.
His Highness also heard an explanation on the three-day pilot technical efficacy initiative, which attracts business leaders, programmers, students and designers from different parts of the Kingdom, with a view to developing emerging technical projects that contribute to promoting development and sustainability in the areas of technology, tourism, culture and logistics.
With the blessing of Prince Salman bin Sultan, the work of the Bank ' s Delaney Vieque compassion was launched in the Manatar Development Hall, with a view to highlighting investment and potential opportunities for business leaders in the region, reviewing programmes and funding opportunities, launching relevant enabling initiatives as well as organizing dialogue sessions and providing specialized qualitative consultations.
The ceremony began with a visual presentation on Jeddah 30, the latest business communities designed to accommodate the largest number of beneficiaries, and His Highness heard an explanation on services and facilities supporting business leadership and self-employment, under the development umbrella of the Bank for Social Development.

Subsequently, the Executive Chairman of the Bank for Social Development, Engineer Sultan Al-Hamidi, delivered a statement in which he emphasized that " development in good faith " initiatives embody the Bank ' s vision of promoting sustainable development and achieving the goals of Saudi Vision 2030, to support business leaders and emerging projects, and contribute to strengthening the role of the enlarged city region as a vital centre for economic growth and creativity, noting the Bank ' s quest to build bridges and strengthen strategic partnerships.
The Hamdi Engineer reviewed the central role of the Bank for Social Development in financing various sectors in the Kingdom, explaining that the Bank ' s historically total funding for the Manatar area up to the end of the first half of the current year amounted to more than 13 billion rials, benefiting 300,000 citizens and citizens, with a share of social loans of 10 billion rials and 1.7 billion rials for the financing of the enterprises, while the city ' s enlargement area is the highest area.