Announcement
29 Sep 2013
On 29 September 2013, the Saudi Fund for Development (SFD) signed a cooperation agreement with SAMBA financial group. The financing agreement is part of SFD's Saudi Export Program (SEP) and contains a local sourcing requirement.
Source
Sign in to access
Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
29 Sep 2013
Revocation date:
No revocation date
Updated: 29 Sep 2013
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.
Sign in to see more
Updated: 29 Sep 2013
Trade finance
In force
The agreement with SAMBA is worth SAR 337 million (approx. USD 90 million). The agreement is funded through SFD's Saudi Export Program (SEP) and will according to a SFD press release finance: "Samba B...
Sign in to see more
Threads
See all
This state act is not part of any Thread yet.