Latest news and articles about financial cooperation from NEX English
Today, Saudi Finance Minister Mohammed bin Abdullah Al-Jadaan led the Kingdom's delegation at the 125th meeting of the Financial and Economic Cooperation Committee of the Gulf Cooperation Council (GCC). The virtual meeting included finance ministers from member states discussing ways to enhance financial and economic collaboration.
The Central Bank of Kuwait has announced the renewal of a $2 billion deposit with the Central Bank of Egypt until next September. This move reflects the mutual trust between the two parties.
During his second day in Greece, French President Emmanuel Macron urged for a delay in the repayment of European debts incurred due to the COVID-19 pandemic. He emphasized the importance of enhancing financial cooperation among EU member states to tackle economic challenges.
The Abu Dhabi Global Market has announced a strategic partnership with China's Futian area aimed at strengthening cross-border financial connections. This initiative is part of broader efforts to enhance economic cooperation between the UAE and China.
Bahrain and the UAE have signed a new agreement titled 'Liquidity and Stability' aimed at enhancing financial and economic cooperation between the two countries. This initiative seeks to stabilize financial markets and promote economic growth.
The Central Bank of Bahrain and the Central Bank of the UAE have signed a currency swap agreement between the Bahraini dinar and the UAE dirham. This initiative aims to enhance financial cooperation between the two countries.
The Central Bank of the UAE and the Central Bank of Bahrain have signed a currency swap agreement valued at <strong>20 billion dirhams</strong>. This agreement aims to enhance financial cooperation between the two countries and facilitate trade and investment.
The Egyptian government has submitted two international agreements aimed at increasing the capital of the Arab Monetary Fund to the Legislative Affairs Committee of the House of Representatives. This move reflects a commitment to enhancing regional financial cooperation.
Singapore's Prime Minister, <strong>Lawrence Wong</strong>, concluded his first official visit to <strong>Hong Kong</strong> since taking office in 2024. During his meetings with political leaders and business figures, Wong emphasized that collaboration between the two financial hubs will contribute to economic growth.