The Saudi Development Fund (SDF) has approved credit facilities amounting to SR141000,000 in favor of a number of Saudi companies to finance and guarantee different national exports. Representatives of Al-Khirayef corporation, Saudi German Hospitals Group, Alhashmi Establishment, Bayameen Trading Establishment, Shawahed Establishment, Al-A'rainiya Establishment and NAPCO each signed the agreement between his company and SDF represented by Vice President and Managing Director Yousef bin Ibrahim Albassam. Following the signing ceremony, Albassam said the facilities deal with the exportation of industrial and agricultural equipment, building materials, tucks, vehicles oil, plastics and packing materials to each of the United Arab Emirates, Egypt and Sudan. Since its commence in 1422 H., SDF's exports promotion program has siphoned as much as SR3400 million to guarantee and finance Saudi exports.
