Saudi Fund for Development Signs Export Guarantee Document Worth SR 64 Million

  • 2/10/2023
  • 09:42
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Riyadh, December 17, 2019, SPA -- The Saudi Fund for Development (SFD) has signed a Saudi export guarantee document with Tabuk Pharmaceuticals Manufacturing Company, through the Saudi Export Program, to provide financing for the Company with a total amount of SR 64 million. The document was signed by SFD Vice President and Managing Director Dr. Khalid bin Sulaiman Al-Khudairi and Chief Executive Officer of Astra Industrial Group Mohammad Abdullah Al-Hagbani, as representative of Tabuk Pharmaceuticals Manufacturing Company. Dr. Al-Khudairi stated that this document comes within achieving SFC objectives through the Saudi Export Program aiming to encourage and support national exports in line with the Kingdom's Vision 2030, adding that the document will enable the Company to compete against other companies in international markets and access to new markets. --SPA 14:42 LOCAL TIME 11:42 GMT 0013 www.spa.gov.sa/w1230241

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