SinoAm Fund and ICBC delegation meet Saudi National Automobile Manufacturing Co. (SNAM) During the meeting, SinoAm Fund Chairman, Mr. Najib Choufani and Mr. Fahd S. Aldohish the CEO/President of SNAM sign Financial Advisory MOU. The final agreement is planned to be executed in end of February 2017 during the launching ceremony of SNAM, that is to be led by His Majesty King Salman bin Abdulaziz al Saud. As part of the agreement, SinoAm Fund will secure from its financial network USD300 million series A funding for SNAM, which is Saudi Arabia’s first ever national car manufacturer, part of the ‘2030 Vision’ Saudi government initiative.