FAB plans $4.08bn rights issue

UAE’s largest bank seeks capital for growth.

flydubai launches new flights

Riga, Salzburg, Vilnius flights begin from Dec

ADNOC Gas Q3 profit $1.34bn

Stronger earnings support higher full-year outlook

Agthia 9M profit nearly triples

Third-quarter revenue increased 14.4 percent.

UAB nine-month profit rises 6%

Loan growth, lower impairment charges boost 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.