NIDLP and Bank of Riyad Launch 6 billion Riyals Worth Initiatives in Saudi Arabia


National Industrial Development and Logistics Program (NIDLP) and Bank of Riyad launch initiatives worth 6 billion riyals in Saudi Arabia.

Riyad Bank (RB), one of the largest banks in the Kingdom of Saudi Arabia, ranked fourth in assets It was established in 1957. The bank is a leader in community development, with variety of continuous contributions towards achieving sustainable developments. The Saudi government owns 51% of the shares of the firm.

The National Industrial Development and Logistics Program (NIDLP) was launched at the beginning of 2019, out of the leadership’s belief in the importance of the program’s 4 sectors (Energy, mining, industry and logistics) and via integration to maximize their contribution to the Kingdom’s efforts to grow and diversify the economy.

Photo: SPA
Photo: SPA

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