03 April 2016
Riyadh - Saudi Fund for Development has agreed to provide credit facilities to finance the export of goods and national services amounting to $ 75 million for the benefit of a number of banks of the Republic of Turkey.
The Director General of the Fund's Saudi Exports Program Ahmed bin Mohammed Al-Ghannam said In a press statement today that the agreements for providing these facilities signed in Istanbul last Tuesday come as part of the continuing efforts of the Fund to increase Saudi exports and stimulate trade between the Kingdom and the brotherly and friendly countries, pointing out that since the launch of the Saudi exports program in 1422 AH corresponding to 2002 AD, the total credit finances for the export of Saudi products amounted to more than SR 50 billion.
Riyadh - Saudi Fund for Development has agreed to provide credit facilities to finance the export of goods and national services amounting to $ 75 million for the benefit of a number of banks of the Republic of Turkey.
The Director General of the Fund's Saudi Exports Program Ahmed bin Mohammed Al-Ghannam said In a press statement today that the agreements for providing these facilities signed in Istanbul last Tuesday come as part of the continuing efforts of the Fund to increase Saudi exports and stimulate trade between the Kingdom and the brotherly and friendly countries, pointing out that since the launch of the Saudi exports program in 1422 AH corresponding to 2002 AD, the total credit finances for the export of Saudi products amounted to more than SR 50 billion.
© Saudi Press Agency 2016
