Riyadh – Mubasher: The Saudi Industrial Export Company (SIEC) signed on Tuesday, 20 October, the Saudi companies’ representation project in Iraq contract with the Saudi Export Development Authority (Saudi Exports).

Under the SAR 14.4 million deal, SIEC will represent 100 Saudi firms in Iraq in collaboration with Saudi Exports in addition to the current and future contracts’ service, according to a bourse disclosure on Wednesday.

Through the contract, SIEC aims to enhance its economic position across the Middle Eastern markets to develop and increase Saudi exports in tandem with the National Vision 2030.

On 1 October, SIEC was awarded the representation project.