Bahrain
UAE, Bahrain advance financial integration
The United Arab Emirates and Bahrain have held their first Strategic Financial Dialogue, marking a key step in strengthening financial cooperation between the two countries.
The President of Kazakhstan, Kassym-Jomart Tokayev, received on Monday Mohamed Juma Al Shamisi, Managing Director and CEO of AD Ports Group
Mohamed Juma Al Shamisi and Kassym-Jomart Tokayev
The President of Kazakhstan, Kassym-Jomart Tokayev, received on Monday Mohamed Juma Al Shamisi, Managing Director and CEO of AD Ports Group (Abu Dhabi).
Speaking at the meeting, Mr Tokayev, called the development of Aktau and Kuryk ports a strategic goal for Kazakhstan.
Given the rich experience of AD Ports Group in the transport and logistics sector, the interlocutors discussed the prospects for mutually beneficial joint work in this area.
President Kassym-Jomart Tokayev praised the cooperation between the national company KazMunayGas and AD Ports Group in transporting Kazakh oil through the Middle corridor to Azerbaijan.
The Kazakh leader also shared plans to unlock the potential of the North-South route, which connects Eurasia with the Gulf, Africa and India. In his opinion, by 2027, the route’s capacity is expected to increase at least by 70% from 9 to 15 million tons of cargo.
In this regard, Kassym-Jomart Tokayev noted with satisfaction the agreements between Kazakhstan Temir Zholy and AD Ports Group on the establishment of a joint venture and wished success in the implementation of these projects.
The United Arab Emirates and Bahrain have held their first Strategic Financial Dialogue, marking a key step in strengthening financial cooperation between the two countries.
Algeria has begun the process of cancelling its air services agreement with the United Arab Emirates, signed in Abu Dhabi in May 2013, state media said on Saturday.
The world’s first Bundesliga Academy has officially opened in Abu Dhabi on Friday, marking a new step in football development in the UAE. The project follows a strategic partnership between the UAE Pro League and the Bundesliga.
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