His Excellency the Saudi Minister of Finance, Mr. Mohammed Aljadaan, and His Excellency the Qatari Minister of Finance, Mr. Ali Alkuwari, signed a Memorandum of Understanding (MoU) between the Kingdom of Saudi Arabia and the State of Qatar to cooperate in the finance sector. It was signed on the sidelines of the 122nd Meeting of the GCC Financial and Economic Cooperation Committee, on October 3, 2024, in Doha, Qatar.
Minister Aljadaan said 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.
Minister Al Kuwari noted the importance of this MoU and
its potential impact in exchanging expertise and information in the finance sector
to enhance and strengthen relations between the two nations.