INSEAD Day 4 - 728x90

EasyLease H1 profit $12.2m

Revenue rises on stronger operations.

FAB profit edges higher

Income growth supports steady earnings.

UAB H1 profit climbs

Income, lending drive first-half growth

Sanad posts record revenue

Growth driven by global demand for services.

Bank of Sharjah profit up 39%

Bank's total assets grow 10% to $14.4 billion.

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.