The Saudi Industrial Development Fund (SIDF) announced a $1 billion stimulus package that allocates funds to small and medium-size private industrial enterprises. The package allows businesses financially burdened by the pandemic to defer or restructure loans and to access lines of credit to finance their operating expenses up to three months.
You also might be interested in
USSABC Co-Chairman moderates panel with Ministers to discuss future opportunities in the industry. Organized by Saudi Arabian Military Industries (SAMI) in collaboration with the U.S.-Saudi Arabian Business Council, the Defense Technology and Security Conference concluded its sessions with the participation of more than a dozen high-profile speakers and over 100 industry leaders, advisors, regulators, and influencers who came to discuss and learn more about Saudi Arabia’s vision and strategic outlook in developing its defense industry with a special focus on technology and security as the two main components of the program.
bechtel.com. (PRNewsFoto/Bechtel) Two U.S.-based construction companies, Bechtel and AECOM, have been chosen[...]