The project aims to export services abroad in the field of data storage and processing, the representatives of alliance added.
Additionally, FRA launched the first partnership between an insurance company and a telecommunications company to market and distribute insurance products.
While the exact areas of investment and the timeline for the funds’ deployment were disclosed, the announcement marks a major step forward in strengthening economic ties between the two countries.
It is expected to be implemented within the next two months, following necessary legislative and regulatory procedures.
Al-Qasabi confirmed that the agreement will contribute to increasing investment rates and exchange experiences.
