INSEAD Day 4 - 728x90

Samsung biggest chip investor

The tech giant invested nearly $59.2bn in 2025.

flynas to set up new hub

Five destinations in first phase of operations.

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.

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.