Saudi EXIM and Pak EXIM Forge Strategic Partnership with New MoU in Riyadh

RIYADH: On the invitation of Eng. Saad A. Alkhalb, CEO of Saudi EXIM, Shahbaz H. Syed, President & CEO of Pak EXIM, undertook his maiden international visit to attend the Global Partners Forum 2025 hosted by Saudi EXIM in Riyadh. During the visit, an MoU was signed between Saudi EXIM and Pak EXIM, marking a significant step toward enhanced cooperation between the two institutions.

The MoU establishes a framework for collaborative efforts aimed at advancing the mandates of both export-import banks. It outlines cooperation in areas including credit facilities, trade credit insurance, knowledge sharing, financial guarantees, training programs, events, workshops, and other avenues that support mutual growth.

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Shahbaz H. Syed congratulated Eng. Saad A. Alkhalb on the successful hosting of the Global Partners Forum 2025, stating:
“Being back here with my ex-colleagues of Saudi EXIM and representing my home country through Pak EXIM is truly an honour. This MoU is a very important step in furthering Pak EXIM’s international presence and collaborations, and having Saudi EXIM by our side will make our journey all the easier.”

Shahbaz Syed also participated in a panel discussion titled “Exporting in a Service-Driven World – Use Cases from the Global South.”