President of the International Peace Institute (IPI) Terje Rod-Larsen and President and CEO of 1958 Project Management and Marketing S.P.C (1958 PMM) Shaban Abdelhamid Osman signed a memorandum of understanding (MoU) on developing preventive diplomacy tools to handle water-related challenges in the Middle East and North Africa (MENA) and their effect on security and stability of the region

During the signing ceremony held at IPI’s Middle East and North Africa office (IPI MENA) in Bahrain, both parties stressed that water diplomacy is proving instrumental “now more than ever” in order to prevent fast-escalating water-related divides from developing into threats to peace.

IPI and 1958 PMM will seek to identify ways different actors can address water resources and scarcity within and among countries of the region, and find frameworks to allow sustainable peace-based solutions by embedding them in a comprehensive and collaborative strategy that links solving water-related differences to broader cooperation in the region.

IPI and 1958 PMM will jointly identify and rely on regional and international expertise through studies, convening, and outreach, including multilateral institutions and other relevant organisations.

1958 PMM offers services like project management, finance, consulting, BPM, business analysis and many others. 1958 has more than 40 years of experience doing business worldwide, but with special expertise in the Middle East. Supporting society and promoting overall prosperity being their core business belief, 1958 promotes and executes responsible entrepreneurship.

The International Peace Institute (IPI) is an independent, international non-profit think tank dedicated to managing risk and building resilience to promote peace, security, and sustainable development. To achieve its purpose, IPI employs a mix of policy research, strategic analysis, publishing, and convening. With staff from more than twenty countries and a broad range of academic fields, IPI has offices facing United Nations headquarters in New York and offices in Vienna and Manama.

Source: Fana News