A Boost for Saudi Businesses: IsDB Supports Saudi Exim Bank’s Efforts to Strengthen Export Industry
Saudi businesses have received the backing of Islamic Development Bank (IsDB) Group in promoting exports globally.
This issue featured during a meeting between the President of Islamic Development Bank and Chairman of IsDB Group, H.E. Dr. Muhammad Al Jasser, and CEO of Saudi Exim Bank Eng. Saad bin Abdulaziz Alkhalb.
“We are an institution that supports development,” IsDB President and Chairman of IsDB Group reiterated, adding that the bank will support Saudi Exim bank in achieving this important initiative. “IsDB has experience with several member countries and is happy to support the growth of the Saudi export industry,” stated Dr. Al Jasser.
The CEO of the Saudi Exim Bank, Eng. Saad bin Abdulaziz Alkhalb, welcomed the support of the bank to help Saudi Arabia’s export industry growth. He highlighted that the experience of IsDB is important to Saudi Exim Bank at every level.
CEO of the International Islamic Trade Finance Corporation (ITFC), Eng. Hani Sonbol, and Mr. Oussama Kaisi, CEO of the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) also lent support to the effort of Saudi Exim Bank to help Saudi businesses promote export.