Announcement
23 Nov 2015
On 23 November 2015, the Saudi Fund for Development (SFD), signed a financing agreement with Alwaha. 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
23 Nov 2015
Revocation date:
No revocation date
Updated: 23 Nov 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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Updated: 23 Nov 2015
Trade finance
In force
The financing agreement btween the SFD and the petrochemical company Alwaha is worth SAR 262.5 million (approx. 70 million) and will finance the company's exports of petrochemicals. According to th...
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