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

Saudi Arabia and Bahrain sign road safety, maintenance agreement

Saudi and Bahraini ministers sign an agreement to boost road safety. (BNA)
  • The agreement looks to boost expertise exchange and cooperation between Bahrain and Saudi Arabia, focusing on joint efforts in infrastructure development and road safety
  • The Bahraini minister noted the strong relations between the two countries, emphasising the keenness to enhancing ties, particularly in infrastructure development

Manama, Bahrain–Saudi Arabia and Bahrain have signed a memorandum of understanding to boost road safety and maintenance in the two kingdoms.

The agreement was signed in a meeting between Ibrahim bin Hassan Al Hawaj, Minister of Works, and Saleh bin Nasser Al Jasser, Minister of Transport and Logistics of the Kingdom of Saudi Arabia.

The MoU aims to enhance expertise exchange and cooperation between Bahrain and Saudi Arabia, focusing on joint efforts in infrastructure development, road safety, and maintenance to advance progress, development, and integration.

Al Hawaj highlighted the strong relations between Bahrain and Saudi Arabia, emphasising the keenness to enhancing cooperation, particularly in infrastructure development.

Al Hawaj noted that the cooperation between Bahrain and Saudi Arabia will involve exchanging expertise on road safety, modern assessment technologies, survey systems, scientific and technical information, and facilitating visits of engineers, experts, and technicians specialised in roads and other infrastructure specialities.