UAE and Saudi Arabia sign MoU to boost rail connectivity and infrastructure integration

The UAE and Saudi Arabia have signed a Memorandum of Understanding (MoU) in Riyadh to bolster strategic cooperation and infrastructure integration, particularly in the rail sector. The agreement, signed by UAE Minister of Investment Mohamed Hassan Alsuwaidi and Saudi Prince Abdulaziz bin Salman bin Abdulaziz, aims to enhance rail connectivity, facilitate goods movement, and promote energy-sector integration.

The MoU lays out principles for rail connectivity between the two nations and outlines plans for technical and economic studies to bolster logistics integration, improve supply-chain efficiency, and foster cross-border trade and transport. Additionally, the MoU covers cooperation in electricity interconnection and the exchange and sale of electricity, including feasibility studies to assess interconnection opportunities.

The agreement also emphasizes coordination with other GCC member states to expand the Gulf electricity interconnection system, enhance energy-system efficiency, and promote regional connectivity.