FINANCIAL NEWS

Saudi finances 19 projects worth USD0.63bn in 2015

07 Jul 2016

Saudi Development Fund (SDF) financed 19 projects value USD0.63bn last year, while ten of them are in Asia and nine in Africa.

Moreover, the fund’s whole loans and contributions reached USD12.52bn to finance 578 development projects and programs.

Accordingly, the financed projects were related to social infrastructure, transport, telecommunications, energy and other sectors.

In addition, the export program confirmed 16 export operations of national commodities at a gross value of USD2.15bn.

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