UAE and Saudi Arabia commit to expand co-operation in energy projects – The National

  • Date: 09-Dec-2021
  • Source: The National
  • Sector:Oil & Gas
  • Country:UAE
  • Who else needs to know?

UAE and Saudi Arabia commit to expand co-operation in energy projects – The National

The UAE and Saudi Arabia have committed to step up co-operation in the fields of oil and gas, petrochemicals and nuclear energy, in a move that will further deepen ties between the two Gulf countries.

The Arab world's two largest economies also stressed the importance of working together in the field of trading oil products and in the commercial exchange of electrical energy, artificial intelligence, digital transformation, cyber security and industry and advanced technology, state news agency Wam reported on Wednesday.

The announcement came as Crown Prince Mohammed bin Salman completed a two-day leg of his Gulf tour in the UAE, where he met Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, and Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces.