RIYADH — Saudi Arabia and Kenya signed three memorandums of understanding (MoUs) during the inaugural meeting of the Saudi-Kenyan Political Consultations Committee, co-chaired by the Saudi Foreign Minister and Kenya's Prime Cabinet Secretary and Cabinet secretary for Foreign and Diaspora Affairs.The meeting, held on Sunday at the Ministry of Foreign Affairs headquarters in Riyadh, brought together Prince Faisal bin Farhan and Musalia Mudavadi to strengthen bilateral relations, enhance coordination and consultation, serve the two countries' mutual interests, and contribute to regional security and stability.
At the conclusion of the meeting, the two sides signed three MoUs.The first, aimed at promoting direct investment, was signed on the Saudi side by Minister of Investment Fahad Abduljalil Al-Saif and on the Kenyan side by Mudavadi.The second focused on cooperation and mutual assistance in customs matters and was signed by Zakat, Tax and Customs Authority (ZATCA) Governor Suhail Abanmi and Mudavadi.The third established cooperation between the Saudi Export-Import Bank and the Kenya Development Corporation. It was signed by Saudi EXIM Bank CEO Saad Al-Khalb and Kenya Development Corporation Managing Director Nora Ratemo.
