Minister of Finance Heads Kingdom's Delegation at Joint Annual Meetings of Arab Financial Institutions

Riyadh, May 5, 2026, SPA -- Minister of Finance Mohammed Aljadaan participated—via videoconference—in the Joint Annual Meetings of Arab Financial Institutions for 2026, with the participation of governors and representatives of member states, to discuss key economic and financial developments and ways to enhance joint Arab cooperation in development and investment fields.

The Saudi delegation includes Vice Minister of Finance Abdulmuhsen Alkhalaf; Assistant Minister of Finance for Macro-Financial Policies and International Relations Abdullah A. Bin Zaraah; Assistant Governor of the Saudi Central Bank for Executive Affairs Abdulelah A. Aldeheem; and Deputy Minister of Finance for International Relations Khalid Bawazier; in addition to a number of specialists from the Ministry of Finance and the Central Bank.

The meetings included the participation of a number of Arab financial institutions, namely: the Arab Fund for Economic and Social Development; the Arab Investment and Export Credit Guarantee Corporation; the Arab Monetary Fund; the Arab Bank for Economic Development in Africa; the Arab Authority for Agricultural Investment and Development; and Badir Fund.

During the meetings, Minister Aljadaan emphasized the important role these institutions play in supporting economic and financial stability and promoting sustainable development across Arab countries, highlighting the need to continue developing financing tools, enhancing institutional efficiency, and strengthening integration among financial institutions to address regional and global economic challenges.

He also points out the importance of governance and transparency, improving the efficiency of resource management, linking financing initiatives to direct development impact, and supporting innovation in financial products and expanding access to them in ways that foster economic growth and serve the interests of member states.

Minister Aljadaan also noted the progress achieved by several of these institutions, calling for building on these gains, strengthening coordination, and exchanging expertise to support more inclusive and sustainable economic development across the Arab region.