Saudi Arabian fund launches $986 mln initiatives to support industrial enterprises

The Saudi Industrial Development Fund (SIDF) said on Tuesday it launched initiatives totaling 3.7 billion riyals ($986.40 million) to support private sector industrial enterprises impacted by the coronavirus pandemic. The initiatives include deferment and restructuring of loan instalments for small, medium and large enterprises, as well as medical ones. They also include lines of credit to finance operating expenses for up to three months for … Continue reading Saudi Arabian fund launches $986 mln initiatives to support industrial enterprises

Coronavirus-free Tunisia looking to attract tourism

Tunisia is set to become the first country in North Africa to reopen its borders following the Covid-19 crisis but the nation is, like many others, divided between keeping the economy buoyant against concerns over the possibility of a second wave of the virus. After a three-month lockdown, Tunisia has recorded zero local cases for almost a month and will be the first nation in the … Continue reading Coronavirus-free Tunisia looking to attract tourism