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RIYADH: ������Ƶ’s Social Development Bank disbursed SR6.5 billion ($1.73 billion) in financing in the first nine months of 2025, benefiting over 90,000 citizens and enterprises, after extending SR8 billion in 2024. 

Of this, SR2.5 billion supported self-employed practitioners and productive families, reaching 53,000 beneficiaries — including 14,500 in the third quarter, the Saudi Press Agency reported.  

Strengthening small, medium, and emerging industries is a key goal of ������Ƶ’s Vision 2030, as the Kingdom works to diversify its economy and reduce its decades-long reliance on crude oil revenues. 

Quoting Ahmed Al-Rajhi, minister of human resources and social development and chairman of SDB, SPA stated that “the achievements reflect the effectiveness of the Bank’s strategic directions in empowering individuals and establishments, and providing an attractive labor market for local and global capabilities, in support of the national economy.” 

The report added that more than SR2.4 billion went to 7,300 small and emerging enterprises, with 2,400 of them financed in the third quarter alone. Social financing accounted for SR1.6 billion, benefitting 30,000 people, including 10,000 during the latest quarter. 

Sultan Al-Hamidi, CEO of SDB, said these achievements align with the support the bank receives from Saudi leadership to advance the Kingdom’s comprehensive development. 

He added that the institution will continue serving as a national development enabler through an integrated system of financing and non-financing solutions aimed at empowering entrepreneurs, fostering enterprise growth, and transforming ideas into sustainable projects. 

In December, SDB signed an agreement with Saudi National Bank to launch a financing portfolio to support entrepreneurship in the Kingdom. 

The portfolio, introduced under SNB’s Ahalina program, was set to provide SR10 million ($2.66 million) in funding to entrepreneurs, SPA reported at the time. 

Under the deal, SNB and SDB agreed to strengthen public-private cooperation to boost the Kingdom’s entrepreneurial landscape. 

RIYADH: ������Ƶ’s Tadawul All-Share Index rebounded on Tuesday, gaining 91.67 points, or 0.88 percent, to close at 10,518.73. 

The total trading turnover of the benchmark index was SR4.32 billion ($1.15 billion), with 233 stocks advancing and 20 declining. 

������Ƶ’s parallel market, Nomu, also rose 0.29 percent, closing at 25,022.58. 

The MSCI Tadawul Index edged up 0.81 percent to 1,369.12. 

The best-performing stock on the main market was Fawaz Abdulaziz Alhokair Co., also known as Cenomi Retail, with its share price rising 9.97 percent to SR28.68. 

Retal Urban Development Co. shares climbed 5.85 percent to SR12.30, while Saudi Ground Services Co. gained 5.60 percent to SR44.10. 

Conversely, National Medical Care Co. fell 1.82 percent to SR161.50. 

In corporate news, Almarai Co. announced the launch of its dollar-denominated sukuk under its $2 billion Trust Certificate Issuance Program. 

According to a Tadawul statement, the offering period began on Sept. 16 and will run through Sept. 17. The minimum subscription is $200,000, in increments of $1,000, while the final value, return, and maturity will be determined by market conditions. 

Almarai’s share price rose 2.53 percent to SR45.10. 

First Milling Co. said it signed a binding agreement to acquire 60 percent of the share capital of Al-Kenan Al-Arabia Trading Co., a single-person limited liability company registered in ������Ƶ. 

The Tadawul statement noted that the transaction includes the transfer of ownership in accordance with the agreement’s terms and conditions, subject to regulatory approvals and customary conditions required to complete such deals. 

First Milling added that the acquisition aligns with its growth strategy, aimed at expanding activities in the feed sector, diversifying revenue sources, and strengthening its market position in the Kingdom and beyond. 

The company’s share price rose 0.69 percent to SR51.30.