INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

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.