Tuesday, 7 Feb 2023

Saudi productive families represent KSA at Arab Productive Families Exhibition in Egypt

Cairo– Social Development Bank has represented the Kingdom of Saudi Arabia in the first Arab Productive Families Exhibition held in Egypt, under the name of the Arab Exhibition for Productive Families "Bayt Al-Arab", which is supervised by the Egyptian Ministry of Social Solidarity and the Arab League, under the patronage of the Egyptian President Abdel Fattah El-Sisi.

The Saudi delegation participated in various products that reflect the Saudi identity and highlight the cultural diversity of the Kingdom. The head of the Saudi delegation, Saeed Al-Zahrani, in a speech at the opening of the exhibition, highlighted the Bank’s successful experiences represented in enabling 10,000 productive families to penetrate the labor market through local and international events, in addition to the marketing of 7,500 products by e-stores, while creating an appropriate work environment through production incubators, business accelerators, and community kitchens, whose number exceeded 14 facilities equipped with all necessary operational means and expertise.

Al-Zahrani explained that the Kingdom applies international best practices to support micro-enterprises, through legislation and regulation of the third sector that supports productive families, in addition to building the capabilities of workers in this vital sector, developing its business, and facilitating financing for those interested in starting a business in it.

The bank's participation comes within its strategic plans to develop and bridge microenterprises, which benefited more than 150,000 productive families with financing amounting to SR2 billion. This Bank’s participation in the Arab Exhibition for Productive Families is the third internationally, less than a month after the participation of Saudi productive families in a joint exhibition with productive families from the United Arab Emirates, in addition to another participation in the global village in Dubai.

The Arab Productive Families Exhibition, which kicked off on Thursday, will continue to receive visitors at its headquarters in Cairo until January 11, with 13 Arab countries displaying the products of 150 families.

Source: Saudi Press Agency

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