The Saudi Export-Import Bank (Saudi Exim Bank) has signed a $75 million financing agreement with ACWA Power to construct and operate the Hassyan Water Desalination Project with a production capacity of 818,280 cubic meters per day in Dubai, United Arab Emirates. The bank aims to enable local developers to implement and operate major projects globally, and empowering Saudi content in international projects. This enhances non-oil Saudi exports and its competitiveness while contributing to stimulating projects that align with sustainability principles.