KSA National Development Fund Signs SAR 5 Billion in Credit Facilities

The Saudi Arabian National Development Fund (NDF) has signed two credit facility agreements totalling SR 5 billion, marking a significant step in supporting the private sector and advancing national development objectives.

The first agreement - amounting to SR 3 billion - is aimed at expanding financing solutions tailored for small and medium-sized enterprises (SMEs). The second, totalling SR 2 billion, targets mid-cap enterprises operating in strategic sectors aligned with Saudi Vision 2030. These agreements were formalised as part of NDF’s ongoing mission to foster economic diversification and empower private-sector growth.

By providing enhanced access to capital across enterprise sizes, the new lines are expected to unlock investment in critical industries and new business ventures. The initiative also supports job creation, innovation, and development of domestic supply chains, key priorities under the country’s economic reform agenda.