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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
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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