Search Site

Trends banner

TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.

ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.

GCC, Bangladesh ink MoU to strengthen economic cooperation

Bangladesh foreign minister AK Abdul Momen (third from the left) and secretary general of Gulf Cooperation Council Nayem FALAH M Al-Hajraf (right) pose for a photo.
  • The MoU was inked on the sidelines of the 18th edition of Manama Dialogue 2022
  • The GCC is a regional, intergovernmental, political, and economic union

Manama, Bahrain – The Secretary-General of the Gulf Cooperation Council (GCC), Dr Naif Falah Mubarak Al-Hajraf signed on Friday an MoU with Bangladeshi foreign minister Abul Kalam Abdul-Moamen to strengthen economic cooperation between the parties. 

The MoU was inked on the sidelines of the 18th edition of Manama Dialogue 2022.  

The GCC is a regional, intergovernmental, political, and economic union comprising Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates. 

The MoU,  Dr. Al-Hajraf said,  would serve as the legal basis for collaboration between Bangladesh and the GCC through a joint action plan, working group, technical team, business council, and forums.

Bangladesh foreign minister emphasized that his country  and the GCC have a lot of scope to work together for skill development, food security, energy security, climate change, crisis management, peace management, afforestation, IT cooperation and preferential or free trade agreement.