Dhahran
October 20th, 2022
Wide-ranging program features 20 initiatives to create, sustain and grow SMEs
Focus on the sustainability, digital, manufacturing, industrial and social innovation domains
30 MoUs signed with leading public and private sector partners
Five funds to offer financial support to SMEs
Aramco today announced the launch of a new program, “Taleed”, which aims to accelerate the growth of Small and Medium Enterprises (SMEs) in Saudi Arabia — helping boost their contribution to economic development and support job creation.
It also aims to deliver funding and financial solutions to existing and new businesses through five funds, with a combined capital exceeding SAR 3 billion ($800 million). The funds are being established in collaboration with partners to support SME development in the sustainability, digital, manufacturing, industrial and social innovation domains.
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