MoT attends meetings of Arabic Bridge Company

Baghdad (IraqiNews.com) The Administrative Secretary of the Ministry of Transports, Salman al-Bahadeli, participated in the meeting of the general association of the Arabic Bridge Company for navigation in Cairo which was attended by the ministers of transports of Egypt and Jordan.

The Ministry of Transports reported in statement received by IraqiNews.com on Wednesday that ”The meeting included discussing the financial report of 2012 within the plan which was presented by the board of directors of the company in order to increase the capital of the company from USD(15,400) billion to USD(18,000) billion.”

The statement added that ”Bahadeli stressed the importance of reducing the expenses and increasing the revenues and he suggested to buy a ship to develop current fleet which contains four boats and three ships.”

The statement mentioned that ”Bahadeli discussed the means of upgrading the situation of the company to suit its great role as well as the Iraqi role in the company.” \