Al-Jadaan, headed the Kingdom’s delegation in the Spring Meetings of the International Monetary Fund (IMF) and World Bank, held in Washington, DC, from April 19-24, 2022.
RIYADH: Saudi Minister of Finance discussed downside risks to the global economic outlook and highlighted the importance of international cooperation to support global economic recovery. Mohammed Al-Jadaan said Saudi Arabia is continually supporting countries and people in need, highlighting a recent $10m support package for Ukrainian refugees in neighboring countries. He made
Minister of Finance Mohammed Al-Jadaan and the Saudi Central Bank (SAMA) Governor Dr. Fahad Almubarak participated in the virtual meeting that was held on Feb. 17-18, 2022, along with other G20 finance ministers and central bank governors, a number of delegates from invited countries and heads of international and regional organizations.
The digital bank will be established with a capital of SR1.65 billion through a consortium of individual and corporate investors, with the Public Investment Fund as one of the key investors and will be led by Derayah Financial Company.
The digital bank will be established with a capital of SR1.65 billion through a consortium of individual and corporate investors, with the Public Investment Fund as one of the key investors and will be led by Derayah Financial Company.