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FINANCIAL NEWS
SDF signs a USD100.5 m deal to support exports
06 Oct 2013
(MENAFN) The Saudi Development Fund (SDF) and Samba Financial Group have made an agreement worth USD100.5 million, according to Arab News.
The deal is set to offer guarantees by the SDF to national products export.
Yousef bin Ibrahim Al-Bassam, vice president and managing director of SDF, said: “The deal will also open the way for exporters and the national product to compete in foreign markets, and strengthen cooperation of Saudi export program with the national banks.”
More News
13 Apr 2026
BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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