Press Releases and News

The MoU focuses on providing financing support for cooperation between Italian companies in the private sector and PIF and its portfolio companies It represents a continuation of PIF’s strategy to build and maintain strong relationships with leading international financial institutions and further diversifies its range of financing instruments The MoU will contribute to facilitating Italian companies’ businesses with Saudi Vision 2030 projects

The first-ever Push Strategy transaction in Qatar, finalized with Intesa Sanpaolo, aims to support Estithmar Holding's growth objectives and create new business opportunities for Italian companies in the country.

In the framework of Italian Government Mission in Saudi Arabia, SACE is signing deals and agreements with prominent financial and business counterparties, for an overall value of $ 6.6 billion, to support Italian exports in Saudi Arabia as well as trade and investment relations between Italy and the Kingdom.

The agreement marks NEOM’s first successful export credit agency financing and leverages Italian businesses to support in key sectors of the project’s development.

SACE, the Italian insurance and financial group fully owned by the Italian Ministry of Economy and Finance, and Arab Bank for Economic Development in Africa (BADEA), signed today a strategic agreement to cooperate in the context of the Mattei Plan for Africa, Italy's development cooperation and investment programme to strengthen ties with the African continent, in particular in target countries such as Angola, Ghana, Tanzania and Senegal, Ivory Coast, Republic of Congo, Mozambique, Kenya, Ethiopia.