Accra:Saudi Export-Import Bank (Saudi EXIM) has introduced the 'Export Business Accelerator' to boost the export capabilities of local enterprises and prepare them for global expansion. The accelerator, running from October 18 to December 17, 2026, will support 50 enterprises through specialized programs.

According to Saudi Press Agency, the initiative is the first of its kind in export business development, offering a comprehensive program that includes consultations, training, and networking. Participants will learn strategies for accessing global markets and will be equipped to utilize financing and insurance solutions.

Saudi EXIM's CEO, Saad Alkhalb, emphasized the bank's commitment to enabling local enterprises at all stages of their export journey. The accelerator aims to expand the base of export-ready enterprises by connecting them with business opportunities, partners, and credit solutions, thus enhancing Saudi non-oil exports and increasing their global presence.

Participating enterprises will undergo an export readiness assessment, develop actionable export plans, and receive one-to-one consultations. The program culminates in establishing connections with organizations that support their export activities, thereby preparing them to meet market entry requirements and manage associated commercial and operational aspects.

This launch represents an expansion of Saudi EXIM's efforts to assist local enterprises by providing integrated non-financial services and credit solutions, enhancing their ability to grow in global markets. Operating under the National Development Fund, Saudi EXIM seeks to develop non-oil exports, bridge financing gaps, and support the diversification of Saudi Arabia's economy in line with Vision 2030.