Saudi EXIM Bank Delegation Explores Collaboration with ITFC

General

Jeddah: A delegation from the Saudi Export-Import Bank (Saudi EXIM) visited the International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank Group, to explore ways to enhance collaboration, particularly in the field of export financing and support for small and medium-sized enterprises (SMEs) in the Kingdom.

According to Saudi Press Agency, discussions covered several key areas, including providing financing to SMEs to boost their non-oil exports, developing training and consultancy programs tailored for SMEs, and expanding the global reach of Saudi exports.

This collaboration contributes to the objectives of Saudi Vision 2030, which seeks to diversify the Kingdom's sources of income and enhance non-oil exports.