VOL. XLIV
No. 28
9-July-2001
SAUDI ARABIA/IRAN
Saudi Arabia And Iran Sign MOU To Establish Joint Bank
A joint Saudi-Iranian bank is to be set up under the terms of a memorandum of understanding (MOU) signed in Tehran on 26 June between a visiting delegation from the Saudi private sector and three Iranian state-owned banks Bank Tejarat, Bank Melli Iran and Bank Saderat Iran. The Saudi delegation was headed by 'Adnan Kamil Salah, a representative of Prince Nawwaf ibn 'Abd al-'Aziz, and included...
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