Search Site

Aramco Q1 profit down 14.5%

Despite lower profit, it will pay $31bn in dividends to Saudi government.

IHC Q1 net profit $2.17bn

The company launches Share Buyback Programme

Amazon triples quarterly profit

The company's cloud, ads, and retail businesses thrive.

McDonald’s profits up 7%

The quarterly profits increased despite weak Middle East sales.

ADQ buys stake in Plenary Group

The deal is aimed at expanding public and social infrastructure.

Saudi Arabia and Bahrain sign road safety, maintenance agreement

Saudi and Bahraini ministers sign an agreement to boost road safety. (BNA)
  • The agreement looks to boost expertise exchange and cooperation between Bahrain and Saudi Arabia, focusing on joint efforts in infrastructure development and road safety
  • The Bahraini minister noted the strong relations between the two countries, emphasising the keenness to enhancing ties, particularly in infrastructure development

Manama, Bahrain–Saudi Arabia and Bahrain have signed a memorandum of understanding to boost road safety and maintenance in the two kingdoms.

The agreement was signed in a meeting between Ibrahim bin Hassan Al Hawaj, Minister of Works, and Saleh bin Nasser Al Jasser, Minister of Transport and Logistics of the Kingdom of Saudi Arabia.

The MoU aims to enhance expertise exchange and cooperation between Bahrain and Saudi Arabia, focusing on joint efforts in infrastructure development, road safety, and maintenance to advance progress, development, and integration.

Al Hawaj highlighted the strong relations between Bahrain and Saudi Arabia, emphasising the keenness to enhancing cooperation, particularly in infrastructure development.

Al Hawaj noted that the cooperation between Bahrain and Saudi Arabia will involve exchanging expertise on road safety, modern assessment technologies, survey systems, scientific and technical information, and facilitating visits of engineers, experts, and technicians specialised in roads and other infrastructure specialities.