Friday, 22 Nov 2019

KSA, Bahrain Sign Financial Cooperation Agreement

Manama, In implementation of the framework arrangements for financial cooperation on the financial balance program signed between the Kingdom of Bahrain, the Kingdom of Saudi Arabia, the United Arab Emirates, the State of Kuwait and the Arab Monetary Fund, a financial cooperation agreement was signed between the governments of the Kingdom of Saudi Arabia and the Kingdom of Bahrain.

The agreement, which includes a payment for several years, was signed by the Saudi Minister of Finance Mohammed bin Abdullah Al-Jadaan and Minister of Finance of the Kingdom of Bahrain Sheikh Ahmed bin Mohammed Al Khalifa.

The financial cooperation agreement was also signed between the governments of the Kingdom of Bahrain and the United Arab Emirates.

Minister of Finance Sheikh Ahmed bin Mohammed Al Khalifa, signed the agreement representing Bahrain and Minister of State for Financial Affairs Obaid bin Humaid Al-Tayer signed it representing UAE.

Source: Saudi Press Agency

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