Signing of a convention with the Authority for the Development of a Creative Region

Sunday-2020-03-15

Prince Turki Bin Talal Bin Abdulaziz Amir of the Azir region, Executive Chairman of the Regional Development Authority, sponsored the signing of the Convention on Cooperation between the Asser Development Authority and the Social Development Bank, valued at 1 billion rials, in the presence of H.E. Minister for Human Resources and Social Development, Engineer Ahmed Ben Suleiman Al-Jahi, President of the Board of the Bank for Social Development, to provide funding support to small and existing enterprises. The Convention aims to upgrade services in the region; and enrich the tourist strategy of the touristser region.

The Convention was signed by the Facilitative Development Authority of the Deputy Executive Chairman, Dr. Saad bin Ali Al-Ghamdi. Through the Bank for Social Development, the Executive Chairman of the Bank, Professor Ibrahim Bin Hamad Al-Rashid, where joint collaboration between UN-Women and the Bank is part of the region ' s strategy for implementing the tourist trip project of the High Authority for the Development of the Esser region, as one of the strategic programmes, as tourism is the key pillar of the development of the region, and the project contributes to promoting economic mobility and job growth in the difficult region.I'm sorry.

The Emir of the Esser region raised thanks and gratitude for the position of the Custodian of the Two Holy Mosques and his Crown Prince, for the constant care and attention of a difficult region in all its development programmes and projects, and for the elaboration of the full strategy of the Ministry of Labour, including the signing of the joint cooperation between the Development Bank and the Austerior Development Authority, which, together with the permission of all young people, is a more prosperous, is the hopeful future. I'm sorry.

His Excellency, Minister for Human Resources and Social Development, Engineer Ahmed Ben Suleiman Al-Rajjay, praised these efforts and initiatives in the light of the Kingdom ' s vision of 2030, considering that the Asir Zahra region is a region with opportunities and opportunities, especially in the tourism sector. The signing of the Convention promotes a strategic development partnership between the Bank and the Authority, through which we look forward to raising the level of participation of small and emerging enterprises in economic development and contributing to contributing to local output by supporting diversity by supporting citizens in the exercise of their own businesses.I'm sorry.

The Executive Chairman of the Social Development Bank, Ibrahim Al-Rachd, explained that the Bank was working on a strategy to empower and support national small and emerging enterprises to increase their contribution to the national economy, with a focus on stimulating economic activity in promising areas such as the difficult region.I'm sorry.
The petitioner noted that the Bank would provide a range of qualitative financing solutions that would enhance the channelling of funding to critical sectors, noting that the Bank, through increased funding of targeted projects, sought to inject up to 1 billion rials to support the local economy and improve the efficiency of sector workers from business leaders and leaders.I'm sorry.
It will be recalled that the Social Development Bank is the largest and most effective gateway to social economic empowerment of Saudi citizens, and the Bank ' s products and services can be identified by visiting the Bank website. www.sdb.gov.saI'm sorry.