Search Site

Honda shares soar 16%

The surge came after the auto giant announced a $7bn buyback.

Mubadala acquires stakes from GHH

It acquired an 80 percent stake in Global Medical Supply Chain.

ADNOC Drilling closes JV

It is a JV between ADNOC Drilling, SLB and Patterson UTI.

Boeing to boost 787 production

The firm will invest$1bn to ramp up production in South Carolina.

ADNOC signs deal with PETRONAS

Under the agreement, ADNOC will supply 1m tons of LNG per year.

Saudi Arabia, Poland sign agreement on air transport

FOR REPRESENTATION PURPOSE ONLY
  • From the Saudi side, Ali Rajab, Executive Vice President at GACA -Economic Policies & International Cooperation signed the MoU
  • From the Polish side, Piotr Samson, President of the Polish Civil Aviation Authority inked the pact in Warsaw

Saudi General Authority of Civil Aviation (GACA) signed a Memorandum of Understanding (MOU) with Poland to organize the operational framework for air transport between the two countries.

From the Saudi side, Ali Rajab, Executive Vice President at GACA -Economic Policies & International Cooperation and from the Polish side, Piotr Samson, President of the Polish Civil Aviation Authority signed the agreement.

The signing ceremony on Saturday was attended by the Kingdom of Saudi Arabia’s Ambassador to Poland, Saad bin Saleh Al-Saleh at the headquarters of the Civil Aviation Authority in Warsaw.

The MOU includes an agreement to open the skies between the two countries and to sign a draft bilateral agreement on air transport services.

This MOU comes within the objectives of the strategy of the civil aviation sector, which aims to enhance the Kingdom’s air connectivity with over 250 destinations worldwide and to be a global logistics platform.