Agreements
SACE
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04 February 2020
SACE SIMEST: partnership agreement with the Ministry of Industry, Commerce and Tourism of Bahrain
SACE, Italy’s export credit agency (CDP Group) and the Ministry of Industry, Commerce and Tourism (MOICT) of the Kingdom of Bahrain have signed a Memorandum of Understanding today, with the objective to enhance trade and economic cooperation between Italy and Bahrain.
The Agreement - signed by Michal Ron, Head of International Business of SACE, and Zayed R. Al Zayani, Bahraini Minister of Industry, Commerce and Tourism - creates a collaboration framework to identify specific solutions to support trade and investments, exchange information on ongoing or potential new projects involving Italian and Bahraini companies and explore opportunities for training and capacity building.
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Deals & Products
SACE -
19 March 2024
A 500 million USD strategic import transaction, creating new business opportunities for Italian exporters through SACE's Push Strategy.
A term loan of USD 250 million and JPY 37.38 billion, arranged by SMBC, features a two-tranche structure with the first tranche, denominated in USD, that spans over five years, while the second tranche, denominated in JPY, extends over seven years, marking the first and inaugural "Samurai Loan" supported by SACE.
02 February 2024
SACE continues its commitment to fostering sustainability discussions by convening leaders from Italian economics, industry, and institutions for an exclusive event, building on the success of the previous year. This closed-door meeting provides a platform for meaningful dialogue on pressing sustainability issues, featuring insights from global experts.
The focal point of this year's edition has been biodiversity, addressing a critical global concern, particularly significant for Italy, boasting the highest biodiversity in Europe. The event featured a keynote speech by Tony Juniper, a prominent advocate and world expert in biodiversity.
06 February 2024
SACE support is aimed at guaranteeing a loan in support of the Ministry of Finance of Saudi Arabia to sustain business and trade opportunities for Italian exporters, under the SACE Push Strategy Scheme.