Eng. Sultan bin Abdulaziz Al Hamidi, CEO of the Social Development Bank, today inaugurated Souq Al-Dar in the Al-Ghadeer district opposite the King Abdullah Financial District (KAFD). The event coincides with the Kingdom’s 95th National Day celebrations and will run for five days until September 29.
The Social Development Bank achieved a new international milestone by winning the Best Financier for Women Entrepreneurs award at the G20 Young Entrepreneurs Alliance (G20 YEA) Summit, held in Johannesburg, South Africa, from September 18-24, 2025. The summit brought together over 500 entrepreneurs from around the world, along with representatives from governments, major corporations, and international organizations.
The Social Development Bank held its meeting for the third quarter of 2025, chaired by His Excellency the Minister of Human Resources and Social Development and Chairman of the Bank's Board of Directors, Engineer Ahmed bin Sulaiman Al-Rajhi, and attended by board members. The meeting addressed several agenda items aimed at enhancing efforts to serve citizens and support the Kingdom's development system.
The Social Development Bank (SDB) is participating in the G20 Young Entrepreneur Alliance (YEA) 2025 Summit, to be held in Johannesburg, South Africa, from September 18 to 22.
In the presence and honour of Her Royal Highness Princess Hiva Bint Abdel Mohsen, Director of Development and Partnerships, Society of Culture and Arts, Riyadh, and Executive Chairman of the Bank for Social Development, Sultan Bin Abdulaziz Al-Humdi, organized a social development bank in cooperation with the Society of Culture and Arts, a briefing at the headquarters of Jeddah 30 in Riyadh, during which he reviewed the most notable initiatives and achievements of the initiative of the Bank of Arts in empowering the Saudi Arts in empowering Arts, supporting the 20th National Cres, supporting the 20th Cres. The Art Bank project launched in 2022 to empower Saudi artists and to invest artists through an online platform that has attracted more than 2540 Saudi artists from 221 towns and governorates around the Kingdom, together with 6730 different artworks between the paintings, artworks and textiles. The first phase of the project was launched in 2023. These figures reflect the growing interaction with the podium and its role in opening up new prospects for creators to document and professionalize their production, expanding the participation to cover most of the Kingdom ' s regions and cities, confirming the spread of the initiative at the national level. The platform also contributed to the organization of 846 participation in various events, as well as the launch of a range of events that constitute an addition to enhancing the presence of artists and craft in the cultural scene, and their work to the public and stakeholders. .
Today in Riyadh, the Bank for Social Development launched the Trade Excellence Forum (Français Goo), in the presence of senior officials of the Bank, a number of partners, with the wide participation of business leaders, trademarkers and local and international experts. The Forum ' s first day events have seen an integrated programme of dialogue sessions on themes in the trade concession sector, including the future of trade concessions and opportunities and challenges in the sector, as well as a review of inspiring success stories, and events have also witnessed the signing of a number of cooperation agreements with the Exit Chamber, the seismic chamber, Dan and New Lip, with a view to supporting business transformation, small and emerging enterprises, and promoting a business-based training and finance environment. .
Last Modified Date 06/05/2026 - 2:04 AM Saudi Time
