"Development and Employment Fund": 8.5 Million Dinars in Financing for the First Half of 2026

"Development and Employment Fund": 8.5 Million Dinars in Financing for the First Half of 2026
"Development and Employment Fund": 8.5 Million Dinars in Financing for the First Half of 2026
The volume of financing pumped by the Development and Employment Fund during the first half of this year reached 8,549,994 dinars, distributed across 971 loans funded for beneficiaries and targeted projects. These credit facilities contributed directly to generating 1,428 new job opportunities in the local market, according to the Fund's key performance indicators.اضافة اعلان

In response to inquiries by Al-Mamlaka, the indicators showed that within the context of supporting women's economic empowerment and expanding financial inclusion, the percentage of loans funded for females reached 38% of the total loans granted during the first half of 2026.

These results place the Fund on track to meet its ambitious annual targets for 2026. By the end of this year, the Fund aims to raise the total financing volume to 27 million dinars and provide 2,320 loans, with the goal of creating and providing around 3,940 sustainable job opportunities.

In terms of raising awareness and deep-rooting the culture of self-employment, the Fund conducted 43 intensive awareness sessions distributed geographically to cover all governorates of the Kingdom. These meetings witnessed wide engagement, with an attendance of 1,413 male and female participants.

Al-Mamlaka