INSEAD Day 4 - 728x90

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

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

SASO, Chinese SAC renew technical cooperation program

Saudi Crown Prince Mohammed bin Salman welcomes Chinese President Xi Jinping in the capital Riyadh in December 2022. (AFP)
  • The program aims to strengthen the strategic partnership between the two countries and contribute to ensuring the quality and safety of goods
  • It also aims to establish frameworks for joint cooperation in several areas, most notably the exchange of information and research studies

Riyadh, Saudi Arabia – The Saudi Standards, Metrology and Quality Organization (SASO) and the Chinese Standardization Administration (SAC) renewed the technical cooperation program in the field of standardization activities, on the sidelines of the visit of Chinese President Xi Jinping to Saudi Arabia.

The program aims to strengthen the strategic partnership between the two countries, contribute to ensuring the quality and safety of goods, limit the entry of counterfeit, shoddy and adulterated goods and products to the Kingdom’s markets, contribute to overcoming technical difficulties and obstacles to trade between the two countries, support and facilitate trade exchange.

The program aims to establish frameworks for joint cooperation in several areas, most notably the exchange of information and research studies in various fields of standardization, and to enhance coordination and mutual support in related international and bilateral activities, in addition to transferring knowledge and building technical capacities.

This program comes within the framework of the general agreement for economic and commercial cooperation signed between the two countries.