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The Saudi Export-Import Bank (Saudi EXIM), operating under the supervision of the National Development Fund, has launched an Export Business Accelerator to help local businesses strengthen their export capabilities and prepare to enter international markets.

The program combines specialized mentoring, training and one-on-one sessions with opportunities to build strategic relationships. It also introduces participating businesses to financing solutions tailored to their needs, supporting their efforts to develop export strategies and expand internationally.

The accelerator aims to help businesses prepare and refine export plans, improve their readiness for overseas markets and access available financing to support their activities. The initiative aligns with the bank’s broader mandate to develop Saudi Arabia’s non-oil exports and enhance their global competitiveness.

The launch comes as the bank’s cumulative credit facilities have surpassed SAR 150 billion since its establishment, highlighting its expanding role in supporting non-oil exports and facilitating access to international markets.

Last year, Saudi EXIM announced that its total credit facilities had reached SAR 100 billion. It subsequently provided more than SAR 50 billion in additional facilities over 18 months, reflecting an acceleration in its efforts to meet its economic and development objectives.

The bank supports non-oil export growth through integrated financing, guarantees and export credit insurance solutions. These services are designed to address financing gaps, reduce export-related risks and strengthen the competitiveness of Saudi businesses abroad.

Through these efforts, Saudi EXIM contributes to diversifying the national economy and advancing the objectives of Saudi Vision 2030.