Saudi Arabia, IsDB sign MoU to cooperate in implementing OSP initiatives

Cabinet meeting

The Saudi Cabinet, in its session chaired today by Crown Prince Mohammed bin Salman Al Saud, approved a memorandum of understanding between the Saudi government and the Islamic Development Bank (IsDB) to cooperate in implementing the initiatives of the Oil Sustainability Program.


According to the Saudi Press Agency, the Cabinet also approved a MoU between the Ministry of Economy and Planning and the Federal Austria’s Ministry of Labor and Economy for cooperation in the economic field.

 

Moreover, the Cabinet ratified an agreement signed between Saudi Arabia and Mozambique in the field of air transport services.

 

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