NCB, Sayidaty to launch a new award to support Saudi female businesses
28 Mar 2018
Saudi Gazette report
JEDDAH — National Commercial Bank (NCB) and Sayidaty magazine have signed an agreement to start an award on first of April to support Saudi women in the business sector. The winners will be provided with funding and other services to boost their businesses.
Mohammad Al-Harthi, editor-in-chief of Sayidaty, said, “Ahalina and Sayidaty Award will fund a number of businesses for ambitions women.” He explained that they will be spending SR2 million to providing funding as well as other supportive services including consultation, logistics, and media support. The main two goals of the competition are to increase awareness and highlight success stories, Al-Harthi said, adding that the best three best ideas will be supported.
Basma Al-Jawhari the head of corporate responsibility department (Ahalina) at NCB said that they pay special attention to entrepreneurship and to women empowerment thus they support Saudi women to start their own businesses. Ahalina was launched in 2004 by NCB to provide different corporate responsibility programs to support different segments of the society. The programs provide education, training opportunities to both genders.