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Saudi SME growth critical for nation s economy, say experts

JEDDAH: A memorandum of understanding worth $26.2 million has been signed providing finance for small and medium enterprises at the Islamic Development Bank’s annual meeting, Saad bin Abdulaziz Al-Khalb, CEO of Saudi Exim Bank told Arab News.

Saudi SME growth critical for nation s economy, say experts as bank pledges more than $26m funding

JEDDAH: An MOU worth $26.2 m has been signed providing finance for SMEs at the Islamic Development Bank’s annual meeting, Saad bin Abdulaziz Al-Khalb, CEO of…

Saudi EXIM Bank agrees Credit Line with Iraqi Islamic Bank

By John Lee. The Saudi EXIM Bank has announced the signing of an agreement with Iraqi Islamic Bank for Investment and Development for a new, SAR75-million [$20 million] credit line. The new credit line is the latest addition to the broad portfolio of financial instruments that Saudi EXIM Bank provides to national financial institutions to

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