TRANSPORT-

Bahrain’s land transport strategy contract garners 11 bids from global consultants: Bahrain's Transport and Telecommunication Ministry request for proposals (RFP) tender for consultancy services to develop a national land transport strategy has attracted 11 bids from multinational consultants, Zawya reports. The bidders in the running are: Arthur D Little, Frost & Sullivan, Saudi Tech for Engineering Consultants, Crescar Partners Project Management Service, IDOM Consulting Engineering Architecture, MJ Management Consultancy, Oliver Wyman, MTI Consulting, A.T. Kearney Middle East, Orient Middle East Advisory Co, and Egis International.

It’s a wide range:The lowest bid came in from consulting solutions firm MTI Consulting, at BHD 100k, while the highest bid was from US management consulting firm Oliver Wyman, at BHD 1.7 mn.

The details: The chosen contractor is expected to develop a vision and strategic objectives for Bahrain’s land transport strategy, list initiatives and projects, and review current activities based on best practices and GCC guidelines.

Saudi-Jordanian Joint Land Transport Technical Committee concludes two-day talks in Jeddah: The committee looked at measures to boost trade and bilateral exchange, and discussed challenges facing carriers and licensed establishments in the land transportation sector, SPA reports. Both parties agreed on a set of solutions to improve land transport efficiency between Jordan and KSA, the report said.

TRADE-

Saudi Export-Import Bank signed an MoU with Japanese state-owned Nippon Export and Investment Ins. to streamline mutual exports, Argaam reported on Saturday. The agreement — which was signed during the Industry and Mineral Resources Bandar Alkhorayef’s visit — should see the two parties establish guiding principles for cooperation and bilateral relations, in addition to mitigating risks associated with cross-border transactions.

ALSO WORTH KNOWING-

  • Moroccan + Saudi chambers ink partnership: The Makkah Chamber of Commerce and the Beni Mellal Khenifra Chamber of Commerce inked a partnership agreement to boost economic and commercial ties between them. (SPA)
  • Qatar Airways flies to Hamburg + Venice next year: Qatar Airways is launching daily direct flights from Hamad International Airport to Hamburg Airport, Germany effective 1 July next year, and Venice, Italy effective 12 June. (Statement | Statement)