Indian dredging contractor DIC and Riyada Group sign MoU
Dredging Corporation of India Limited (DCI) and Riyada Group of Companies in Bahrain have signed a Memorandum of Understanding (MoU) for 'mutual cooperation' with a view to working together in Gulf Cooperation Council countries and other Middle East states, DIC said in its news release.
The MoU was signed by Shri Rajesh Tripathi, Chairman & Managing Director of DCI, and Her Highness Shaikha Dheya bint Ebrahim Al Khalifa, President of Riyada Group at city of Manama, Kingdom of Bahrain.
Riyada has holdings in diversified sectors and joint ventures with numerous international companies.
DCI successfully carried out land reclamation work in Bahrain in the year 2004-2005 and 2005-2006 and has worked in India, Sri Lanka and elsewhere.
