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Saudi Arabia: The Saudi Council of Ministers approves the establishment of a new fund to support SMEs

Description

On 2 August 2016, the Saudi Council of Ministers approved the establishment of a SAR 4 billion (USD 1.1 billion) fund to support Saudi startup venture capital and investments in Saudi Small and Medium...

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Intervention Details

Intervention Type

Trade finance

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

02 Aug 2016

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Outward subsidy

Announced as temporary

No

Eligible firms

SMEs

Affected Trading Partners

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Affected Products

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