On 26 December 2022, Mizuho joined the Saudi-Japanese Investment Forum in Riyadh, Saudi Arabia to sign a memorandum of understanding (MOU) for business cooperation with the Ministry of Investment and National Center for Privatization & PPP.
The MOU exchange ceremony was held in the presence of Yasutoshi Nishimura, Japan’s Minister of Economy, Trade and Industry, and H.E. Al-Falih, Saudi Arabia’s Minister of Investment.
Tsutomu Yamamoto, Head of Mizuho’s Global Corporate Division attended the ceremony, along with a total of 250 people from 60 companies. The forum was centred around promoting investment cooperation between Japan and Saudia Arabia.
As the first Japanese bank to establish a presence in the Kingdom, Mizuho continues to promote investment between the two countries and enhance its presence in the Kingdom.