Saudi business

Saudi SMEs extend lifeline with borrowing to recover from the pandemic

Saudi SMEs extend lifeline with borrowing to recover from the pandemic

  • Borrowing by SMEs increased in the first quarter of 2021
  • The data showed that in the first quarter of 2021 the total amount of borrowing by SMEs was SR188.42 billion ($50 billion), up from SR134.84 billion in Q1 2020
By SARA ALFAIZ & RUBA ALRASHED ·