His Excellency the Minister of Commerce and Chairman of The Small and Medium Enterprises General Authority (Monshaat), Dr. Majid Al-Qassabi, honored Eng. Sultan Al-Humaidi, CEO and representative of the Social Development Bank, for its role as the developmental sponsor of the Biban24 Forum. This took place as the forum kicked off today at the Riyadh Front Exhibition and Conference Center, under the theme "Global Destination for Opportunities."

The Social Development Bank's participation as the developmental sponsor of the forum aims to highlight the importance of innovative financing solutions and advisory services that contribute to enhancing economic and social development. This aligns with the bank's ongoing efforts to support and empower entrepreneurs, small and emerging enterprises, and freelancers in the Kingdom. It also reflects the bank's role in improving the business environment through complementary partnerships between the public and private sectors, which help create a supportive ecosystem for innovation and entrepreneurship, supporting the achievement of sustainable development goals in line with Saudi Vision 2030.

In this regard, the CEO of the Social Development Bank explained that the bank's participation as a developmental sponsor at Biban24 reaffirms its commitment to supporting small and emerging enterprises and entrepreneurs by providing integrated financing solutions to develop their businesses and meet their needs. This highlights the bank's pivotal role in achieving sustainable economic and social development in the Kingdom.

These efforts and programs reflect the Social Development Bank's commitment to increasing the contribution of small and emerging enterprises to the national economy, supporting local content, and enhancing the Kingdom's position as a global hub for entrepreneurship, while also supporting promising sectors such as financial technologies, esports, and gaming.