Saudi Minister of Finance Leads Delegation to 4th Saudi-Swiss Financial Dialogue

KSA, 21 June, 2024 : Saudi Minister of Finance, Mohammed Aljadaan, led the Saudi delegation at the 4th Saudi-Swiss Financial Dialogue in Zurich on June 20, 2024. The delegation included senior officials from the Saudi Ministry of Finance, Saudi Central Bank, Insurance Authority, Financial Sector Development Program, and Fintech Saudi.

In his opening statement, Minister Aljadaan, alongside Karin Keller-Sutter, Vice President of the Swiss Federal Council and Head of the Federal Department of Finance, highlighted the importance of strengthening bilateral relations and achieving mutual economic and financial interests. He noted that Switzerland is a key trading partner, with over 100 Swiss companies operating in Saudi Arabia.

Aljadaan expressed Saudi Arabia’s interest in exploring new areas of collaboration, particularly in the insurance sector and fintech, leveraging the expertise and investments from both nations.

Minister Keller-Sutter underscored the significance of international cooperation in the financial sector, stating that such partnerships play a crucial role in preventing financial crises. She emphasized Switzerland’s active contribution and collaboration with Saudi Arabia in multilateral financial bodies.

The dialogue covered topics including new collaboration opportunities, macroeconomic outlook, international cooperation, and recent developments in banking, digital finance, insurance, and sustainable finance.

Source : www.mof.gov.sa