Riyadh: Saudi Fund for Development (SFD) CEO Sultan Abdulrahman Al-Marshad signed a framework cooperation agreement today with Banque Saudi Fransi (BSF) CEO Badr bin Hamad Al-Salloum to enhance the participation of Saudi companies in implementing development projects funded by SFD in developing countries worldwide.

According to Saudi Press Agency, the agreement aims to provide integrated financing products, solutions, and banking services to support Saudi companies participating in project implementation across various countries. It also includes joint procedures and improved service quality to enhance implementation efficiency and contribute to achieving sustainable development impact.