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Kingdom and UAE agree on rail and power ties
The Saudi Minister of Energy and the UAE Minister of Investment signed a memorandum of understanding to enhance cooperation in the fields of electrical interconnection, electricity exchange and sale, and rail linkage between the two countries. The agreement aims to strengthen economic benefits by conducting technical and environmental studies, expanding the Gulf electrical grid, and supporting energy efficiency and regional connectivity. It also includes principles related to rail linkage to enable the transportation and transit of goods, with the goal of improving supply chains and boosting logistical integration. This is a significant step toward achieving the goals of Saudi Arabia's Vision 2030 and strengthening the partnership between the two countries in infrastructure development.
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