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Saudi Arabia and UAE Sign Cooperation MOU
Saudi Arabia and the UAE have signed a memorandum of understanding to enhance cooperation in the fields of electrical interconnection and railway links between the two countries. The aim is to facilitate the exchange and sale of electricity, as well as ease the movement of goods and commodities, thereby supporting economic and regional integration. The memorandum includes principles for electrical connectivity and energy exchange, along with a plan to expand the Gulf interconnection network. Additionally, an agreement was made to establish a railway network for the transportation and bilateral transit of goods, which will boost logistical efficiency and development in the region.
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