The 4th Saudi-Swiss Financial Dialogue, a pivotal meeting aimed at bolstering economic and financial collaboration between the two nations, was recently convened in Zurich. The Saudi delegation was spearheaded by Finance Minister Mohammed Aljadaan and included high-ranking officials from key financial institutions such as the Saudi Central Bank and the Insurance Authority, as well as representatives from the Financial Sector Development Program and Fintech Saudi.
At the inauguration, Aljadaan and his Swiss counterpart, Karin Keller-Sutter, accentuated the significance of the event in reinforcing the economic bonds between the countries. Aljadaan recognized Switzerland as a vital trade ally, noting the presence of over a hundred Swiss companies in the Kingdom and expressed a keen interest in deepening cooperation, particularly in burgeoning sectors like insurance and financial technology (Fintech), where both nations have made substantial investments.
Keller-Sutter echoed the sentiment, emphasizing the role of international partnerships in forestalling financial crises. She highlighted Switzerland’s proficiency in the financial domain and its ongoing collaboration with Saudi Arabia within various global institutions.
The agenda of the dialogue was comprehensive, encompassing discussions on new partnerships, the macroeconomic climate, global financial cooperation, and the latest developments in the banking sector, digital finance, insurance, and sustainable finance initiatives.