Announcement
30 Jul 2015
On 30 July 2015, the Saudi Fund for Development (SFD), signed a cooperation agreement with the Saudi British Bank. The financing agreement is part of SFD's Saudi Export Program (SEP) and contains a local sourcing requirement.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
30 Jul 2015
Revocation date:
No revocation date
Last action: 30 Jul 2015
Local value added incentive
In force
According to the terms of the SFD, the goods and services exported within this transaction must contain a Saudi domestic value of 25% or more.
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Last action: 30 Jul 2015
Trade finance
In force
The cooperation agreement has a volume of SAR 187.5 million (approx. USD 50 million) and is funded through SFD's Saudi Export Program (SEP) and will finance the company's export transactions. The comp...
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