Financing Starts from Local to Global
The article reflects the importance of financing in the success of export companies, emphasizing that product quality alone is not sufficient to succeed in the local market. Instead, it requires financing that aligns with the nature of international trade. Major institutions, such as the Saudi Export and Import Bank, offer financial and insurance tools that support international expansion, with a focus on supporting small and medium enterprises, which make up approximately 40% of clients and help open markets in over 150 countries. Financing contributes to increased production, job creation, and improved trade balance. It is considered a crucial tool for achieving the goals of Saudi Vision 2030 by diversifying the economy and enhancing competitiveness.
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