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Qatar Bank and Italian Agency ink export credit deal
Qatar Development Bank and Italy's Export Credit Agency "SACE" signed a framework agreement for export credit insurance on the sidelines of a conference in Prague. The aim is to support joint export operations between Qatari and Italian exporters to global markets, reduce risks, and enable them to undertake larger projects with greater confidence. The agreement is designed to enhance Qatari companies' capabilities for international expansion, in line with Qatar's National Development Strategy. It is the first cooperation of its kind in export insurance that complies with Islamic financing principles.
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