Saudi Arabia, Qatar Sign Deal to Boost Industrial Ties

KSA, 3 May, 2024 : Saudi Arabia's Industry Minister Bandar Ibrahim Alkhorayef met with his Qatari counterpart Sheikh Mohammed bin Hamad bin Qassim Al Thani to discuss strengthening industrial and mining cooperation between the two nations.

The discussions also explored new avenues for collaboration and reviewed industrial development plans across the Gulf region.

A key outcome of the meeting was the signing of a Memorandum of Understanding (MoU) between the Saudi Export-Import Bank (EXIM Bank) and Qatar Development Bank. This MoU aims to facilitate trade between the countries and identify mutually beneficial investment opportunities.

Source : www.zawya.com