Saudi Export News Today

How Saudi Arabia exported tomatoes to Europe for the first time

RIYADH: The Saudi Export and Import Bank has signed an agreement to insure Saudi Basic Industries Corporation’s sales on a letter of credit basis across 40…

The Eastern and Southern African Trade and Development Bank Group (TDB Group) and the Saudi Export–Import Bank (Saudi EXIM Bank) have signed an MoU during the Arab-African & Saudi-African Summits’ Economic Conference

Saudi Minister of Commerce Dr. Majid Al-Qasabi on Thursday unveiled several positive outcomes that the Kingdom has achieved as a result of economic reforms, the most prominent of which is the growth of its foreign trade during the past year by a value of $173 billion. Al-Qasabi’s remarks were made during his participation in the meeting of trade and investment ministers of the G20, held in the Indian city of Jaipur. He affirmed that Saudi Arabia’s “Vision 2030” has launched key initiativ...

The Saudi Exports Development Authority organized Tuesday a trade mission to the city of Erbil, Iraq, under the identity of “Made in Saudi Arabia.” The authority promoted non-oil exporters and their goods, advanced the competitiveness of products from the Kingdom on global markets, and explored new trade cooperation opportunities between the two countries. More than 34 Saudi companies and 140 Iraqi firms from a variety of sectors, most notably building materials, food products, and packaging...

RIYADH: Mineral exports and mining developments were discussed when Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef met with two leading Swiss officials in Bern. The minister held talks with Swiss State Secretary for Economic Affairs Helene Budliger Artieda, and Chairwoman of the Board at Swiss Export Risk Insurance, known as SERV, Barbara Hayoz, during his

By John Lee. The Iraqi Minister of Electricity, Ziyad Ali Fadel, held a meeting this week with the Saudi Export Development Authority (SEDA). Among the items discussed was the reconstruction of Baiji thermal and gas stations Nos. 1 and 2, and the possibility that these will be financed by the Saudi Export Fund. (Source: Ministry

Nigeria’s annual Gross Domestic Product (GDP) growth rate slowed to 3.10 per cent in 2022, compared to 3.40 per cent in 2021, the National Bureau of

RIYADH: The Biban 23 Forum witnessed the signing of more than 10 deals and memorandums of understanding worth over SR10.6 billion ($2.8 billion) on its third day, the Saudi Press Agency reported. The agreements aim to contribute to the growth and sustainability of Saudi Arabia’s pioneering SME sector. During the forum, the Small and Medium Enterprises Bank announced the

In line with its drive to boost Nigeria’s non-oil exports, a high-powered delegation from the Nigerian Export-Import Bank (NEXIM) led