RIYADH: Trade ties between the Kingdom and Turkiye are set to improve after the Saudi EXIM Bank inked credit deals worth $51 million with two financial institutions in the country.
Under the terms of the first contract with Turkiye Finans Katilim Bankasi, the designated amount is set at $26 million, while the second agreement with Albaraka Turk Katilim Bankasi stands at $25 million.
The pacts aim to stimulate exchanges between the Kingdom and its Middle East neighbor, fostering the smooth flow of Saudi non-oil exports into the Turkish markets.