Latest News From Sudan
Please feel free to send us your Press Release to [email protected]

Saudi Fund signs agreement to finance exports to Sudan

5/30/2005 6:44pm

RIYADH, May 30, 2005 (KUNA) -- The Saudi Fund for Development (SFD) on Monday signed an agreement to finance exports by Saudi Industrial Export Company (SIEC) to Sudan.

Signed by SFD's Vice-Chairman Yousef Al-Bassam, the agreement, for 3.75 million Saudi Riyals (SR), stipulates providing SIEC with credit facilities to export a number of Saudi manufactured trucks to Sudan.

In press statements after signing the agreement, Al-Bassam said the contract is part of SFD's ongoing efforts to support national production by financing exports.

SFD, he added, has already presented 1.5 billion SR to assist local companies

اقرا اخر الاخبار السودانية على سودانيز اون لاين For more Sudan News

For More Articles and Analysies For more Press Releases
This report does not necessarily reflect the views of Sudanese

| Sudanese Songs | | Arabic News | Arabic Forum| | | | PC&Internet Forum| Press Releases

Home| Sudanese Directory | Tell a friend| Articles and Analysies | News | English Forum

Copyright 2000-2004
Sudanese Online.Com All rights reserved