Qatar, Saudi Arabia sign MoU for finance sector cooperation
The Peninsula
Doha: The State of Qatar and the Kingdom of Saudi Arabia signed a memorandum of understanding for cooperation in the finance sector. The agreement...
Doha: The State of Qatar and the Kingdom of Saudi Arabia signed a memorandum of understanding for cooperation in the finance sector.
The agreement was signed by the Qatari Minister of Finance HE Ali bin Ahmed Al Kuwari and the Saudi Minister of Finance He Mohammed Aljadaan.
During the event, HE Minister Ali bin Ahmed Al Kuwari noted the importance of this agreement and its potential impact, saying "The signing of the MOU comes in recognition of the importance of exchanging expertise and information in the financial sector in order for each party to benefit from the other partys expertise, and to enhance and strengthen relations between our two nations in this field."
For his part, the Saudi Minister of Finance said that the MoU is part of efforts to strengthen relations between Saudi Arabia and Qatar in the finance sector, including microeconomic policy, public sector laws, and legislation to enhance economic growth in the region.
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