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Saudi PIF signs $3bln agreement with Italian export credit agency, Al Ekhbariya TV

Summary by Zawya
The agreement provides the necessary financial support to enhance the collaboration of Italian private sector companies with PIF and its portfolio companies, Al Ekhbariya said
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AGBIAGBI

PIF signs $3bn deal with Italy’s export credit agency

Saudi Arabia’s Public Investment Fund said on Wednesday it had signed a memorandum of understanding worth $3 billion with Italy’s export credit agency, SACE. The sovereign wealth fund is working to boost finances to fund the country’s giga-projects. “The MoU focuses on providing financing support for co-operation between Italian companies in the private sector and PIF and its portfolio companies,” PIF said in a statement. PIF’s $4bn bond sale i…

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ZawyaZawya

Saudi PIF signs $3bln agreement with Italian export credit agency, Al Ekhbariya TV

The agreement provides the necessary financial support to enhance the collaboration of Italian private sector companies with PIF and its portfolio companies, Al Ekhbariya said

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My Startup World - Everything About the World of Startups!My Startup World - Everything About the World of Startups!

PIF and SACE to promote Italian companies in KSA - My Startup World - Everything About the World of Startups!

PIF and SACE, the Italian insurance and financial group fully owned by the Italian Ministry of Economy and Finance, today announced the signing of a memorandum of understanding (MoU) to strengthen their bilateral partnership. Under the MoU, the parties will cooperate on sharing information and business expertise, with a focus on strategic sectors, as well as considering a provision of SACE support for up to an additional $3 billion for the finan…

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My Startup World - Everything About the World of Startups! broke the news in on Wednesday, March 5, 2025.
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