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الاقتصادية
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الاقتصادية

2026-11-03T09:49:41.227Z

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Saudi fund secures $3bn

Saudi fund secures $3bn

Saudi Arabia’s Public Investment Fund has secured $3 billion in credit facilities, backed by Italian export credit agency SACE and involving 25 international banks, to strengthen trade and cooperation with Italian suppliers. The facilities comprise a $1.78 billion tranche and a €1.035 billion green tranche, which will be allocated to eligible green projects. The agreement is part of the Fund’s efforts to create broader opportunities for Italian companies in the Saudi market. Since 2017, the Fund has invested €98 billion in the European economy.

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