Global Trade Alert
Global Trade Alert

Saudi Arabia: SFD signs SAR 100 million financing agreement with Alkhorayef Group

Announcement

06 Mar 2016

A new trade finance transaction was announced in March 2016.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

06 Mar 2016

Revocation date:

No revocation date

Updated: 06 Mar 2016
Trade finance In force

On 6 March 2016, the Saudi Fund for Development (SFD), signed a SAR 100 million (approx. USD 26.65 million) financing agreementwith the Saudi company Alkhorayef Group. The agreement's credit...

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Updated: 06 Mar 2016
Local value added incentive In force
The credit for this transaction is provided by the Export Import Bank of India (EXIM) and requires that at least 75% of the contract price for goods and services associated with the project is sourced...
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