On Monday, 4 May 2026, His Excellency the Minister of Finance, Mr. 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 H.E. the Saudi Vice Minister of Finance, Mr. Abdulmuhsen Alkhalaf, the Assistant Minister of Finance for Macro-Financial Policies and International Relations, Mr. Abdullah A. BinZaraah, the Assistant Governor of the Saudi Central Bank for Executive Affairs, Mr. Abdulelah A. Aldeheem, and the Deputy Minister of Finance for International Relation Mr. 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 & 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 to develop financing tools, enhance institutional efficiency, and strengthen integration among financial institutions to address regional and global economic challenges.
He also point out the importance of governance and transparency, improving the efficiency of resource management, and linking financing initiatives to direct development impact, in addition to supporting innovation in financial products and expanding access to them in a way that fosters economic growth and serves 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.