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ATM & BranchesSaudi Awwal Bank Announces a Strategic Partnership with WEConnect
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Riyadh, Saudi Arabia, 11 November 2025: Saudi Awwal Bank (SAB), one of the leading banks in the Kingdom of Saudi Arabia, has announced a strategic partnership with WEConnect International, a global non-profit that connects women-owned businesses to qualified buyers around the world, to empower women-owned businesses and advance the goals of Vision 2030.
The collaboration is designed to enhance women’s economic participation in Saudi Arabia by fostering an inclusive environment that drives innovation and sustainable growth. As part of this initiative, SAB and WEConnect International will provide women entrepreneurs with access to resources, mentorship, and opportunities that support their long-term success.
The partnership was announced during an event organized by SAB, in collaboration with WeConnect International, and hosted at SAB’s flagship Innovation Centre. The gathering featured rich discussions and networking opportunities, highlighting inspiring success stories from women entrepreneurs across the Kingdom.
Commenting on the initiative, Lama Ghazzaoui, Chief Financial Officer at SAB, said: “Empowering women in business is not just a matter of equity; it is a strategic imperative for our economy. Through this partnership, we aim to create pathways for women entrepreneurs to thrive, thereby contributing to the Kingdom’s vision of a vibrant and diverse economy.”
This partnership builds on SAB’s ongoing commitment to advancing female entrepreneurship. Most recently, SAB has been collaborating with Visa and Monsha’at on the She’s Next program. This program offers grants, training, and mentorship to women and is one element of our broader work to build a more dynamic and inclusive entrepreneurial ecosystem.
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© SAB, Saudi Arabia. All Rights Reserved, 2025
Saudi Awwal Bank, a listed joint stock company, incorporated in the Kingdom of Saudi Arabia, with paid in capital of SAR 20,547,945,220, commercial registration certificate 1010025779, unified number 7000018668, Mailing Address: P.O. Box 9084, Riyadh 11413. National Address: 7383 King Fahad Branch Rd, 2338 Al Yasmeen Dist., 13325 Riyadh, Kingdom of Saudi Arabia, Tel. +966 11 4050677, www.sab.com, licensed pursuant to the Council of Ministers Resolution No. 198 dated 06/02/1398H and Royal Decree No. M/4 dated 12/08/1398H, and regulated and supervised by the Saudi Central Bank.