The Saudi Export-Import Bank (Saudi EXIM) has signed a Memorandum of Understanding (MoU) with Credit Oman on the sidelines of the TXF Global 2025 conference held in Copenhagen, Denmark.
The MoU was by Eng. Saad bin Abdulaziz AlKhalb, CEO of Saudi EXIM Bank, and Khalil bin Ahmed Al Harthy, CEO of Credit Oman. The agreement aims to foster cooperation in supporting joint projects, facilitating exports, and exchanging expertise, thereby boosting non-oil exports and enhancing economic and trade ties between the Kingdom of Saudi Arabia and Oman.
Saudi EXIM bank took part as a sponsor of the TXF Global 2025 conference, aimed at strengthening the bank’s role in global trade while developing strategic partnerships to boost the growth and competitiveness of Saudi non-oil exports in international markets.
During the conference, Engineer AlKhalb also participated in a panel session alongside a distinguished group of leaders, decision-makers, and export credit experts to discuss ways to foster international trade cooperation.
AlKhalb affirmed that Saudi EXIM Bank is a reliable partner in the global trade ecosystem, emphasizing that the establishment of the bank aligns with the Kingdom’s broader economic transformation.
The CEO also stressed that the bank has offered credit facilities amounting to $22 billion since its inception and underscored that the bank’s A+ credit rating from Fitch Ratings will significantly impact its operations and those of its clients and partners both locally and globally. Furthermore, Al-Khalb stressed that the bank’s strategy is focused on developing strategic pathways for local exporters.
