Saudi Arabia and Kuwait agreed to collaborate on financial strategy and policy alignment across regional and international arenas, under a new agreement signed by Finance Minister Mohammed Al Jadaan and his Kuwaiti counterpart Noora Al Fassam on the sidelines of the GCC’s Financial and Economic Cooperation Committee meeting, Kuwait’s Finance Ministry said in a post on X. No further information was disclosed.
More from Enterprise
Saudi banks’ deposits outpace lending in 2Q
Deposits grew 2.7% q-o-q while net loans and advances rose…
Nvidia targets USD 500 bn in third-party financing to fuel AI data center boom
The chipmaker is teaming up with Wall Street giants to…
Saudi stocks pull back on geopolitical risk and higher rates, not a structural shift
The Tadawul fell 9.2% y-o-y, with September doing most of…
Barq hits unicorn status with USD 329.5 mn Series A
The fintech player plans to use the funds to support…