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)
Disclaimer: This article is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Read our full disclaimer policy here.
© ZAWYA 2021