Kafalah allocates SAR 176m to support Saudi tourism sector

Riyadh – Mubasher: Kafalah, the Saudi Arabia-based financing guarantee programme, has supported 61 tourism projects with SAR 176 million.

These tourism projects have offered 2,687 job opportunities, the Saudi Ministry of Tourism announced on its official Twitter account.

It is noteworthy to mention that in July, the total number of beneficiaries from Kafalah programme for small and medium-sized enterprises (SMEs) loan guarantee surged by 197% amid the coronavirus (COVID-19) pandemic, compared to the previous period.

Mubasher Contribution Time: 30-Dec-2020 09:42 (GMT)
Mubasher Last Update Time: 30-Dec-2020 09:42 (GMT)