- Facilitating the exercise of economic activities and exchange of investment opportunities through the establishment of a dedicated office to facilitate the economic activities, and the establishment of a unified electronic portal linking the two countries to follow-up on complaints and suggestions concerning the common customs and markets. - Facilitating the flow of traffic in the ports by addressing the obstacles facing the flow of traffic and trade across borders and propose necessary solutions. - Establishing a joint venture company for agricultural investment, with a capital of 5 billion dirhams, to contribute to the provision of imported commodities to both countries and achieve sustainable food security. - Adopting a unified strategy for food security in both countries to harness productive resources (agriculture, livestock and fisheries) and work on joint strategic projects to enhance future food security of the two countries. - Establishment of a research center to develop and localize desalination technologies to study the application of desalination techniques and the conversion of moisture into water using renewable energy and to consider the utilization of thermal energy for evaporation and desalination processes. - Establishment of a Council for Environmental Excellence to protect the environment and wildlife between the two countries, for the purpose of unifying environmental efforts and international positions and standardizing the linking and monitoring processes in various environmental fields. - Establishment of the Saudi-Emirati Investment Fund for Renewable Energy to attract large and start-up companies and supporting them in funding research and development projects. - Implementation of the Gulf electrical interconnection system, in order to benefit from the productive capacity of energy to both countries. - Exchange of experiences in the nuclear energy sector. - The launch of a common vision and identity of tourism and national heritage of the two countries, in order to attract more tourists to the region and to develop programs to optimize the potential of tourism and heritage of both countries. - Harmonisation of regulations, procedures and legislation between the two countries on entrepreneurship and small and medium enterprises. - The establishment of an investment advisory board, with the aim of cooperation and transfer of knowledge in the field of foreign investments and coordination, and the development and expansion of relations and networks in the investment community, in addition to strengthening cooperation between the Saudi investment companies and strategic companies. - Cooperation in creating investment opportunities in the Kingdom of Saudi Arabia and the UAE. - Developing government services and transferring experiences between the two countries, and identifying development opportunities for laws and procedures. - Developing the security of government services, through the formation of a joint team to respond, building capacity, and dealing with the electronic security of government services. - Developing knowledge exchange platforms for educational and training services. - Launching the innovative housing solutions program to reduce / eliminating restrictions (legislative, financing and procedural) that slow down the development of housing services and reduce the challenges facing the sector. --More 12:14 LOCAL TIME 09:14 GMT 0005 www.spa.gov.sa/w700439