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Qatar signs MoU with Kuwait on financial cooperation

<p>Doha, Qatar: The State of Qatar and the State of Kuwait signed a Memorandum of Understanding (MoU) on financial cooperation, on the sidelines of the 2026 Annual Meeting of the Asian Infrastructure Investment Bank (AIIB), hosted by the State of Qatar in Doha.</p> <p>The MoU was signed by Minister of Finance, H E Ali bin Ahmed Al-Kuwari, and Minister of Finance of Kuwait, H E Dr Yacoub Al Sayed…

Qatar signs MoU with Kuwait on financial cooperation

Doha, Qatar saw the signing of a Memorandum of Understanding (MoU) on financial cooperation between Qatar and Kuwait, occurring during the 2026 Annual Meeting of the Asian Infrastructure Investment Bank (AIIB). This agreement was brokered by the respective Ministers of Finance from each nation.

Minister of Finance Ali bin Ahmed Al-Kuwari from Qatar and Dr Yacoub Al Sayed Al Rifai from Kuwait inked the MoU, underscoring the strong fraternal ties between the two countries. The signed document reflects their mutual trust and partnership, aiming to bolster financial cooperation rooted in mutual benefit.

The MoU is set to enhance the exchange of financial expertise and information, fostering a collaborative environment for mutual development. It seeks to facilitate knowledge sharing, expand cooperation areas, and capitalize on new opportunities for mutual gain. During the meeting, discussions also encompassed the bilateral relations and prospects for further strengthening cooperation, especially in financial, economic, investment, and trade domains, as well as recent developments of shared interest.

Written by urgent.news from The Peninsula Qatar Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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