Riyadh – Mubasher: Saudi Arabia will build an export bank with a capital of SAR 30 billion ($8 billion), said on Wednesday the Saudi minister of Energy, Industry and Mineral Resources, Khalid Al-Falih.
“A bank for exports with a capital of 30 billion (riyals) will be established to encourage and support exports, and 5 billion riyals have been allocated as a first installment this year,” Reuters reported, citing Al-Falih as saying.
