SFD, Saudi Exports Sign MoU to Promote National Products in International Development Projects

    Riyadh, December 18, 2025, SPA -- In the presence of Minister of Industry and Mineral Resources Bandar Alkhorayef, Saudi Fund for Development (SFD) CEO Sultan Al-Marshad, and Saudi Export Development Authority (Saudi Exports) CEO Eng. Abdulrahman Althukair signed a development memorandum of understanding (MoU) on the sidelines of the Made in Saudi Expo 2025 held in Riyadh.
   The MoU aims to enhance cooperation and the exchange of expertise and knowledge between the two sides, and to strengthen Saudi non-oil exports by aligning the opportunities offered by the SFD with the capabilities of national companies participating in development projects and programs financed by the fund in developing countries worldwide.
   The MoU helps achieve shared, ambitious goals, promote local content, and create vital opportunities for sustainable international development.
   For over 50 years, the SFD has provided financing for more than 800 development projects and programs across various sectors in over 100 developing countries, with a total value exceeding $22 billion, contributing to social growth and economic prosperity in the beneficiary nations.
   -- SPA