Riyadh, Rajab 29, 1436, May 18, 2015, SPA -- Kafalah (sponsorship) Program, which finances small and medium enterprises programs, won for the second time Mohammed bin Rashid Award for Young Business Leaders for in the category of "Best Initiative to finance small and medium enterprises" for the year 2015 in the Arab world. Director General of Saudi Industrial Development Fund and Chairman of the Advisory Board of the Kafalah Program Ali bin Abdullah Al-Ayed expressed thanks to and appreciation of Sheikh Mohammed bin Rashid Foundation for its continual support for the small and medium-sized enterprises, and provision of a competitive environment among entrepreneurs in the Arab world. -- SPA 21:52 LOCAL TIME 18:52 GMT www.spa.gov.sa/w