flydubai launches new flights

Riga, Salzburg, Vilnius flights begin from Dec

ADNOC Gas Q3 profit $1.34bn

Stronger earnings support higher full-year outlook

Agthia 9M profit nearly triples

Third-quarter revenue increased 14.4 percent.

UAB nine-month profit rises 6%

Loan growth, lower impairment charges boost earnings

du 9M profit up 10.8%

Revenue grows as connectivity demand supports earnings

GCC, API sign MoU to establish framework for cooperation

GCC Council, API Institute sign MoU. (BNA)
  • The MoU is expected to contribute to the development of the local working force in the GCC through cooperation in several areas
  • GCC secretary general applauded API for supporting Arab organizations and institutions in all their forms with projects and ideas

Riyadh, Saudi Arabia— Seeking to establish a broad framework for cooperation in several areas, the GCC and the Arab Planning Institute (API) have signed a a memorandum of understanding (MoU).

The MoU was signed during a meeting between Jassem Mohamed Albudaiwi, GCC Secretary General of the Gulf Cooperation Council (GCC), and Dr. Bader Malallah, API Director General.

The secretary general said that the signing of the  (MoU) with the API would contribute to the development and support of the local working force in the GCC countries, through cooperation in the areas of capacity building and training.

Albudaiwi praised API’s great role in supporting Arab organizations and institutions in all their forms, by presenting them with projects, studies and ideas that contribute to the development of national capacities, making a positive impact on the peoples of the region.

He said that joint meetings, dialogues and working groups will be held through the MoU, in addition to implementing training programs.

He added that it also allows for mutual understanding and cooperation with the institute, and seeks to develop the capabilities of the youth in GCC countries.