Riyadh – Mubasher: The Saudi Export Development Authority (Saudi Exports) has signed a memorandum of understanding (MoU) with Alibaba.
The agreement aims to enable Saudi products to penetrate global markets through improving visibility on the Alibaba platform, according to the Saudi Press Agency (SPA).
Alibaba will also set up a section dedicated to Saudi companies on its platform.
The MoU was signed on the sidelines of the China-GCC Countries Forum on Industrial and Investment Cooperation, which was held in Xiamen City between 23 and 24 May 2024.