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FINANCIAL NEWS
Saudi, Italy sign deal to boost Italian products in Kingdom
31 May 2016
(MENAFN) Italian export agency SACE signed a contract with the Jeddah Chamber of Commerce and Industry (JCCI) which will enhance relations and identify new chances for firms.
Furthermore, the deal also aims to strengthen economic-commercial relations between both countries, while Italian firms will have a point of contact at the Chamber of Commerce.
Accordingly, with USD 1.1bn of exposures, Saudi Arabia ranks third in the Italian firm portfolio of initiatives in the Middle East and they are working on new projects value USD 1.89bn.
Meanwhile, main areas of collaboration will involve sectors of interest like co-organization of events and seminars focusing on sectors of common interest to expand the reach of SACE.
More News
17 Sep 2025
BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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