Saudi and Oman Finance Ministers Sign MoU to Boost Financial Cooperation

Saudi and Oman Finance Ministers Sign MoU to Boost Financial Cooperation

Post by : Omar Nasser

Jan. 13, 2025 5:20 p.m. 1520

Photo : SPA

The Finance Ministers of Saudi Arabia and Oman have signed an important agreement to work together more closely on financial matters. This deal was made on Sunday at a meeting in Madinah, during the Islamic Development Bank Group’s Board of Governors’ retreat.

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Saudi Arabia’s Finance Minister, Mohammed Al-Jadaan, and Oman’s Finance Minister, Sultan Al-Habsi, signed the agreement. Al-Jadaan said that this deal is an important step in bringing the two countries closer together in terms of finances. He added that it will help both countries share financial knowledge and ideas, and improve their economic ties.

Al-Habsi also spoke about how this agreement will help both countries share important financial information and work together on regional and international financial issues.

The deal shows that both countries are committed to working together to meet their financial goals. It will help make the relationship between Saudi Arabia and Oman even stronger.

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