TRADE-

KSA + Greece want to boost trade: Saudi Arabia’s Export Bank has signed an MoU with Greece’s Export Agency to boost trade and economic cooperation between the two countries and expand Saudi non-oil exports to Greece, Mubasher reports. Saudi Export Bank CEO Saad Al Khalab met with Greek Export Agency CEO Gregory Stamatopoulos on the sidelines of the TXF 2024 conference in Athens to discuss pathways to stimulate trade and encourage investments. Al Khalab also met with export officials from Sweden, Spain, and Norway to explore cooperation for growing the Kingdom’s non-oil trade with Europe.

SHIPPING + MARITIME-

Dubai-based property developer Kleindienst Group inked an MoU with maritime hub operator RAK Ports to set up a maritime facility in Ras Al Khaimah, according to a press release. The shipyard will comprise four sections including tug and ferry sections for vessel construction. Kleindienst also plans to establish a Maritime Academy at the shipyard.

OTHER STORIES WORTH KNOWING THIS MORNING-

  • Etihad Airways + Egypt Air to expand codeshare partnership: Etihad Airways and Egypt Air have inked an MoU to expand their codeshare agreement to provide passengers with more travel options. (Wam)
  • RwandAir adds new UAE + Djibouti freight route: RwandAir Cargo has launched a new freighter service from Kigali to the UAE and Djibouti via Dubai World Central Airport. (Statement)
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