Search Site

Roche to buy Poseida Therapeutics

The $1.5 billion deal is due to close in early 2025.

BP announces $7bn gas project

The project aims to unlock 3 trillion cu ft of gas resources in Indonesia.

Lulu Retail Q3 profit $35m

For the nine-month period, net profit increased by 73.3%.

Talabat IPO offer price range announced

The subscription will close on 27 Nov for UAE retail investors.

Salik 9M net profit $223m

The company's third-quarter profit increased by 8.8 percent.

Saudi Crown Prince says will work for Gulf unity and prosperity of its people

Mohammed bin Salman co-chairing the 3rd meeting of the Saudi-Bahraini Coordination Council along with his Bahraini counterpart Salman bin Hamad Al-Khalifa in Riyadh. Pic: Saudi Gazzete
  • Mohammed bin Salman said this while co-chairing the 3rd meeting of the Saudi-Bahraini Coordination Council with his Bahraini counterpart
  • The two leaders witnessed the announcements about key joint projects and signing of a number of agreements and memoranda of understanding

Riyadh, Saudi Arabia — Saudi Crown Prince Mohammed bin Salman on Wednesday said he will make efforts to achieve the unity of the Gulf Cooperation Council (GCC) countries as well as the stability and prosperity of their people.

Mohammed bin Salman, who is also the prime minister of Saudi Arabia said this while co-chairing the 3rd meeting of the Saudi-Bahraini Coordination Council along with his Bahraini counterpart Salman bin Hamad Al-Khalifa in Riyadh, Saudi Gazette reported

The two leaders witnessed the announcements about key joint projects and signing of a number of agreements and memoranda of understanding (MoUs) between the two countries.

The Crown Prince, in his speech, highlighted the significance of the activities and initiatives being carried out by the Saudi-Bahraini Coordination Council and its affiliated committees in all areas of cooperation, saying that this would benefit the citizens of both countries.

Prince Salman bin Hamad stressed the importance of these meetings and their effective role in strengthening the strategic partnerships between Bahrain and Saudi Arabia.

Prince Salman praised the good efforts made by Crown Prince Mohammed bin Salman in supporting various initiatives and projects that would contribute to achieving integration and development for the two countries, including the initiatives that the committees of the Saudi-Bahraini Coordination Council are working on.

The occasion saw the announcement of the opening of the first office of the Saudi-Bahraini Company and the completion of the construction of King Abdullah Medical City Hospital in Bahrain. The company was established in November 2022 between the Saudi Public Investment Fund and the Bahrain Mumtalakat Holding Company, with an investment amounting to $5 billion. The King Abdullah Medical City Hospital is scheduled to begin operation during the second quarter of 2024.

During the meeting, a number of agreements and MoUs were signed in the fields of energy, economy, finance and financial markets, legal, culture, education, administrative development, health, television, radio and news.