AlQa'dah 3, 1433, Sep 19, 2012, SPA - The Vice President and Managing Director of Saudi Development Fund, Eng. Yousef bin Ibrahim Al-Bassam said that the Kingdom of Saudi Arabia established the Fund in 1395 AH to organize support for development and assistance to needy countries and peoples, which has contributed since its inception to financing 504 projects with a total amount exceeding 36,968 million in 80 states. In a statement on the 82nd anniversary of the National Day of the Kingdom of Saudi Arabia, he pointed out in a statement that the Fund founded in 1421AH a program to finance and guarantee Saudi non-oil exports which has contributed since its inception until the end of 2011 to financing and guaranteeing 177 transactions of national goods exports totaling more than SR 22,700 million.