The Saudi General Authority for Investment granted Mitsubishi UFJ Financial Group a license to Mitsubishi Bank MUFG to work in the Kingdom whereby the bank can launch branches in the Kingdom to engage in banking, project finance and trade finance. Japan Cooperation Center for the Middle East (JCCME) was granted a license to open economic and technical office to exchange experiences and studies. A joint cooperation agreement was signed between the Saudi Stock Exchange “Tadawul” and the Japan Exchange Group. The Saudi National Industrial Complex Development Program and Toyota Company signed a memorandum of understanding for a joint feasibility study on local manufacturing of Toyota auto and spare parts in the Kingdom. Abdul Latif Jameel and Saiberdin Company signed a contract of commercial partnership. The Saudi Aramco and the Japan Nippon Foundation for oil and energy signed an agreement to conduct studies to explore future cooperation with mutual benefit in the fields of oil, petrochemicals, oil trade, environmental technologies and training programs. The Saudi Aramco also signed a number of agreements with Yokogawa Corporation for Electric and Electronic Engineering to cooperate in achieving the Kingdom Vision 2030. A number of agreements between the two sides in the fields of space science and technology, electricity and desalination were also signed. --SPA 20:18 LOCAL TIME 17:18 GMT www.spa.gov.sa/w353430
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