Saudi fund offers SAR 768.7m in finances for exports

Riyadh-Mubasher: The Saudi Fund for Development (SFD) approved offering credit facilities worth SAR 768.75 million to finance exporting national products to Pakistan, Bangladesh, Turkey and Mexico, Riyadh newspaper reported.

The facilities are part of SFD's efforts to boost national non-oil exports and trade exchange with other countries, said Yousef Al-Bassam, chairman of SFD.

He added that the kingdom offers high-quality, competitive products in foreign markets.

Mubasher Contribution Time: 03-Jan-2016 02:51 (GMT)