We offer you the latest news in the following article: Citing the site of the newspaper Riyadh, on Tuesday 13 March 2018. Suez Canal Authority Chairman, Mr. Mehab Mamesh, signed a Memorandum of Understanding (MoU) with the Executive Chairman of the Saudi National Shipping Company, Abdullah bin Ali Al-Dhibaihi, to activate the joint agreement on maritime transport support between the two countries and the establishment of a joint shipping company.
Under the agreement, the Saudi company will transfer all the needs of the Kingdom through the canal using all types of ships belonging to the company. The agreement includes the establishment of a joint shipping company, represented by the two parties, whose head office is in Egypt, to transport all the needs of Egypt, raw materials and products received and exported for the development project in the Suez Canal area. During the signing of these agreements, the two sides discussed the establishment of another joint company working in the field of providing integrated marine services for vessels transiting the Suez Canal in an area determined by the Suez Canal Authority, after obtaining the necessary approvals. Your browser does not support the video tag. We thank you and the visitors to the field of the news field for trust and presence, and we promise you to provide all new and important from all reliable news sources, has been transferred Saudi Arabia and Egypt sign agreement to support maritime transport and establish navigation company , And the source is responsible for the health of the news or not. Source: Al-Riyadh Newspaper