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FinancialNews


  • 06-04-21

    Saudi Social Development Bank inks deals with technology companies

    (MENAFN)The Saudi Social Development Bank (SDB) inked cooperation deal with technology companies to support family businesses join the country’s booming e-commerce sector.

    The deals that were inked in Riyadh are going to support families set up and run their own online stores.

    As the pandemic speeding up the increased adoption of online shopping in Saudi Arabia, the plan offers families the infrastructure to regulate and grow in the virtual market.

    Half of the Kingdom’s consumers shop online every week, showed a research from global Amazon agency and marketplace consultancy Podean.

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