The UAE delegation included Saeed Rashid Al Yateem, Assistant Under-Secretary of Resource and Budget.
The partnership will allow both parties to boost SME's collaboration between Oman and Saudi Arabia
Saudi petrochemical firm also seeking war cover
Three banks- Samba Financial Group, Banque Saudi Fransi and Saudi Investment Bank-- reported marginal declines.
SABB received the ‘Best Bank for Commodity Finance’ award during the event.
SABB is one of the leading banks in trade finance, and ranked first in launching several products and services aimed to promote the role of trade finance
The contract duration is 12 months
The share of small and medium-sized enterprises in total finances grew by 6.2% YoY
Gov't current account declined by 19.9% YoY in October
The two firms signed a binding merger agreement in September