Saudi Arabia has approved credit facilities worth more than $2.5 billion from the beginning of 2022 until the end of the third quarter in September to support export activities in various vital sectors.
The Saudi Export-Import Bank (Saudi EXIM) revealed that the share of requests for export credit insurance reached $1.5 billion, in addition to recommendations for export financing worth $933 million in vital activities such as fertilizers, petrochemicals, glass, plastics, iron, and steel.
