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What Is the Saudi Exports Incentives Program?

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What Is the Saudi Exports Incentives Program?
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The Saudi Exports Incentives Program is a Saudi program seeking to encourage and assist Saudi companies in building and enhancing their competitive capabilities and expanding their global reach. Launched by the Saudi Exports Development Authority in the Kingdom of Saudi Arabia in 2019. The program offers support to Saudi manufacturers and exporters, facilitating their access to global markets and contributing to the enhancement of the index of total promising exports at the lowest possible cost through grants and incentives.

The program includes nine activities to develop export capabilities, such as covering costs for specialized training, promotional efforts, and e-commerce platform listings, along with other activities, like reimbursing expenses for consulting services, legal support, and marketing and advertising services, noting that it does not cover support for operating costs, such as logistics services and production operations.