SFD signs $320m agreement to finance infrastructure project in Oman

Follow-ups -eshrag News:

Wed, 2023-02-01 16:53

RIYADH: Saudi Fund for Development has signed a memorandum of understanding with Oman’s Ministry of Finance worth SR1.2 billion ($320 million) to finance the infrastructure development project of the Special Economic Zone in Ad Dhahirah, Oman.   

The MoU aims to open new horizons of cooperation between the two countries through the establishment of the economic zone which is set to promote economic growth, increase trade, and encourage partnerships, according to a press release.  

Main category: 
Business & Economy

Noting that the news was copied from another site and all rights reserved to the original source.

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button