Outflow (subsidised)










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Inception date: No inception date

Trade finance

The Saudi Fund for Development on 9 May 2011, signed an export financing agreement with Bahrain. As per the signed agreement, the Saudi Fund for Development will provide financing for cables and other electrical products of a Saudi origin that are to be exported to Bahrain and used for the building of power transmission networks. The value of the exported financing agreement is SR 143 million (circa USD 38 million).

Lastly, this export financing agreement was signed and aligned with the Saudi Export Program developed by the Saudi Fund for Development.


The Saudi Export Program -- The Saudi Export Program (SEP) is part of the Saudi Fund for Development and was established in 1999. The program promotes Saudi exports to contribute the country's GDP and minimize the economic dependence of crude oil. In promoting the export of Saudi goods the SEP can support 100% of the value of the eligible export transaction depending on risk and nature of the export. In general, the value of exported good/service must contain a Saudi domestic value of 25% or more as well as the transaction having a minimum value of SAR 100,000 (approx. USD 26,666). Additionally, parties benefiting from the SEP fall into one of the following: Saudi companies and establishments; foreign companies, entities or governments importing or purchasing of Saudi goods or services; or lastly local or foreign banks and financial institutions.

The Saudi Fund for Development -- The Saudi Fund for Development (SFD) was established by Royal Decree No. M/48 of 1 September 1974. The Fund's main objectives are to: 'participate in the financing of development projects in developing countries through granting of loans to said countries and to encourage national non-crude-oil exports by providing finance and insurance in support of such exports.


The GTA includes state guarantees and other financial incentives that are likely to affect the restructuring and performance of firms facing international competition, whether from imports, in export markets, and from foreign subsidiaries.




461 Electric motors, generators & transformers; parts
8501 Electric motors and generators (excluding generating sets).
850120 Universal AC/DC motors of an output exceeding 37.5 W
8502 Electric generating sets and rotary converters.
850239 Other
8504 Electrical transformers, static converters (for example, rectifiers) and inductors.
850422 Having a power handling capacity exceeding 650 kVA but not exceeding 10,000 kVA
850423 Having a power handling capacity exceeding 10,000 kVA
850433 Having a power handling capacity exceeding 16 kVA but not exceeding 500 kVA
850434 Having a power handling capacity exceeding 500 kVA
462 Electricity distribution & control apparatus; parts
8536 Electrical apparatus for switching or protecting electrical circuits, or for making connections to or in electrical circuits (for example, switches, relays, fuses, surge suppressors, plugs, sockets, lampholders and other connectors, junction boxes), for
853661 Lampholders
463 Insulated wire & cable; optical fibre cables
8544 Insulated (including enamelled or anodised) wire, cable (including coaxial cable) and other insulated electric conductors, whether or not fitted with connectors; optical fibre cables, made up of individually sheathed fibres, whether or not assembled with
854420 Coaxial cable and other coaxial electric conductors
854442 Fitted with connectors
854449 Other
854460 Other electric conductors, for a voltage exceeding 1,000 V
464 Accumulators, primary cells & primary batteries; parts
8506 Primary cells and primary batteries.
850610 Manganese dioxide
850630 Mercuric oxide
850680 Other primary cells and primary batteries
8507 Electric accumulators, including separators therefor, whether or not rectangular (including square).
850710 Leadacid, of a kind used for starting piston engines
850720 Other leadacid accumulators
471 Electronic valves & tubes; electronic components; parts
8533 Electrical resistors (including rheostats and potentiometers), other than heating resistors.
853321 For a power handling capacity not exceeding 20 W

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