RIYADH: ¶¶Òõ¶ÌÊÓƵ cabinet approves memorandum of understanding between ¶¶Òõ¶ÌÊÓƵn 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.Â
Earlier this month, the central banks of the United Arab Emirates and ¶¶Òõ¶ÌÊÓƵ, 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
