Saudi Fund For Development has approved two credit finance agreements worth SR 296 million for the export of Saudi non-oil goods and services to Mauritania. The agreements were signed in Nouakchott yesterday by the Fund's Director General of Saudi Export Program Ahmed bin Mohammed Al-Ghannam and officials representing Mauritanian Electricity Company and Wafa Bank. In a statement following the signing ceremony, Al-Ghannam pointed out that the Export Program of Saudi Non-Oil Goods and Services has provided finances worth SR 23 billion since its inception in 2001.
