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ÂÜÀòÊÓÆµ cabinet approves MOU between SAMA and Dubai Financial Services Authority

ÂÜÀòÊÓÆµ cabinet approves MOU between SAMA and Dubai Financial Services Authority
Saudi policemen man a checkpoint in the King Fahd main street in the capital Riyadh. (AFP)
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Updated 31 March 2020

ÂÜÀòÊÓÆµ cabinet approves MOU between SAMA and Dubai Financial Services Authority

ÂÜÀòÊÓÆµ cabinet approves MOU between SAMA and Dubai Financial Services Authority

RIYADH: ÂÜÀòÊÓÆµ cabinet approves memorandum of understanding between ÂÜÀòÊÓÆµn Monetary Authority and Dubai Financial Services Authority in the field of financial services, according to Saudi Press Agency.

The statement said a royal decree has been prepared for that. 

Earlier this month, the central banks of the United Arab Emirates and ÂÜÀòÊÓÆµ, the two largest Arab economies, announced stimulus plans worth a combined $40 billion to ease the impact of the coronavirus outbreak in their respective countries. Â