Saudi Industrial Exports Company (Sadirat) has signed a non-binding MoU with International Development Bank for Investment and Finance in Iraq to support exports from Saudi to Iraq.

In a statement to the Saudi Stock Exchange Tadawul, Sadirat said that the bank was the largest in asset terms in Iraq in 2021, valued at IQD 132 trillion ($90 billion).

(Writing by Imogen Lillywhite; editing by Daniel Luiz)

Imogen.lillywhite@refintiv.com

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