21 Hrs
Source:
Sharjah24
Saudi investment and energy ministers sign MoU
The Saudi Minister of Investment, His Excellency Mohammed Hassan Al-Suwaidi, and the UAE Minister of Energy, Prince Abdulaziz bin Salman, signed a Memorandum of Understanding to strengthen strategic cooperation between Saudi Arabia and the UAE. This includes developing a rail link between the two countries, facilitating the movement of goods and commodities, and enhancing infrastructure integration in the fields of energy and electrical interconnection. The memorandum aims to conduct technical and economic studies to assess the opportunities for connectivity, expand the Gulf electrical interconnection system, support regional integration, and improve logistical efficiency and economic development.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)