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Blog entry by FintEdu Admin

Saudi Fund for Development and Italy’s CDP Seal Development Cooperation Deal

KSA, 27 January, 2025 : The Saudi Fund for Development (SFD) and Italy’s Cassa Depositi e Prestiti (CDP) have signed a memorandum of understanding (MoU) to boost cooperation in social and economic development.

SFD CEO Sultan bin Abdulrahman Al-Marshad and CDP CEO Dario Scannapieco signed the MoU during a ceremony in AlUla on Sunday, attended by Minister of Investment Eng. Khalid Al-Falih.

The MoU aims to enhance collaboration between the two nations, exchange expertise, and promote sustainable development goals (SDGs). It focuses on supporting joint financing efforts and maximizing the impact of development initiatives for global prosperity.

Source : www.zawya.com

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