INSEAD Day 4 - 728x90

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

Salik profit slips in H1

The company said traffic recovery supported resilience.

Alpha Dhabi profit jumps 48%

AI and technology investments boost earnings.

Saudi Arabia, Romania sign wide-ranging defense agreement

The signing ceremony was held in Riyadh
  • The pact includes training, exchange of expertise, technologies and developing communications systems.
  • The agreement is in line with the two sides’ commitment to promote and encourage international peace, media reports said.

Saudi Arabia and Romania signed on Tuesday a defense cooperation agreement that covers training, exchange of expertise, technologies, developing communications systems, medical services, military history, archives, publications, and museums, among others.

The agreement is in line with the two sides’ commitment to promote and encourage international peace and stability.

Assistant Minister of Defense for Executive Affairs Khalid bin Hussein Al-Bayari, represented the Kingdom in the signing ceremony.

The Romanian side was represented by Simona Cojocaru, State Secretary and Chief of the Department for Defense Policy, Planning and International Relations.

The signing ceremony was held in Riyadh, and attended by a number of officials from the two sides.