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 Egypt to cooperate in telecommunications

Hossam El-Gamal, CEO of the Egypt's National Telecom Regulatory Authority signed the MoU on behalf of his organization
  • The memorandum serves to work on cooperation and exchange of experiences in the field of smart cities also
  • It also includes agreements to coordinate joint events, and to design training programs and workshops

Saudi Arabia and Egypt have signed an agreement to strengthen cooperation between the two countries in the fields of telecommunications, frequency spectrum and human capacity building.

The memorandum serves to work on cooperation and exchange of experiences in the field of smart cities, frequency spectrum management and human capacity building.

It also includes agreements to coordinate joint events, and to design training programs and workshops.

The signing of the memorandum comes within the framework of strengthening cooperation between the two countries.

Additionally, it would also help in attracting investment in Egypt’s telecommunications market.

The memorandum was signed by Hossam El-Gamal, CEO of the National Telecom Regulatory Authority, and Muhammad Al-Tamimi, governor of the Saudi Communications and Information Technology Commission.

It was signed in the presence of Ahmed Ihab Gamal El-Din, Egypt’s permanent representative to the UN, and his Saudi counterpart Abdulaziz Al-Wasel.

The signing took place on the sidelines of the World Conference on Telecommunication Measurements Standards in Geneva.