Kazakhstan and Saudi Arabia plan to create joint bank

Kazakhstan and Saudi Arabia plan to create joint bankKazakhstan and Saudi Arabia agree on the establishment of an Islamic bank or a fund to finance projects, the Minister for Investment and Development of Kazakhstan, Asset Issekeshev, said at joint business forum in Astana today."We have an agreement with the Minister that we will work with Saudi businessmen, possibly to establish an Islamic bank or a fund," TASS cited him as saying.

Kazakhstan and Saudi Arabia agree on the establishment of an Islamic bank or a fund to finance projects, the Minister for Investment and Development of Kazakhstan, Asset Issekeshev, said at joint business forum in Astana today.

"We have an agreement with the Minister that we will work with Saudi businessmen, possibly to establish an Islamic bank or a fund," TASS cited him as saying.