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Khan2727

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Fresh news: The percentage of completion in the first nuclear reactor has reached 84%, leaving only 16% left!

The reactor will be operated safely until 2063 with an operating life of 40 years -
Saudi Arabia is likely to become the largest nuclear country in the Middle East by 2030, with about 16 nuclear reactors





KACST keeps surprising in a very good way.

More positive news.

 
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Khan2727

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Sami Composite Materials Company has signed an agreement with Lockheed Martin to establish a Center of Excellence in the manufacture of composite materials in Riyadh.

The company can soon produce composite components and parts for aircraft, including the fuselage, wing parts, body panels and moving surfaces.


In addition to aircraft components, SAMI will manufacture parts for cars and ships, fans for wind power plants, and pipes for petrochemical plants.
 

Khan2727

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Translation:

Saudi Arabia in May 2022: Products were exported to the world with a value of 144.1 billion while imports were only valued in 53.9 billion - : The most important non-oil Saudi exports to the world:
1- Metal
2- Chemicals
3- Plastics and rubber
4- Ordinary Metal
5- Carts products
6- Aircraft products
7- Products of ships
8- Transportation Equipment Products


Translation:

By God, can you answer if Saudi Arabia exports solar panels and what is the volume of exports?


Translation:

The volume of exports I do not know at the moment, but for export and industry, we have multiple factories in Riyadh, a factory in Hail, and a huge factory under construction in Tabuk, which is the largest in the Middle East and the Arab world… + The first accredited laboratory in the world was inaugurated to examine the efficiency and reliability of solar panels in Riyadh, and it is the only one in the world now.


So a surplus of 90 billion USD in just 1 month alone.
:crazy:


Saudi non-oil exports rise 27% to $7.4bn in May​

Saudi merchandise imports increased by 21.8 percent to SR53.9 billion in May 2022 compared to SR44.2 billion in May 2021 (Shutterstock)

Saudi merchandise imports increased by 21.8 percent to SR53.9 billion in May 2022 compared to SR44.2 billion in May 2021 (Shutterstock)

25 Jul 2022 06:07:46 GMT9
Rinat Gainullin

RIYADH: Saudi Arabia’s non-oil exports, including re-exports, increased by 26.7 percent in May to SR27.9 billion ($7.42 billion), compared to SR22 billion recorded during the same period last year, according to revised data released today by the General Authority for Statistics.
The growth in non-oil exports was driven by products of the chemical and allied industries which accounted for 35.3 percent of total non-oil merchandise exports, followed by plastics and rubber products.
Saudi total merchandise exports, including crude and refined oil, grew 83.4 percent to SR144.1 billion in May 2022, up from SR78.6 billion recorded in May 2021.
GASTAT data revealed that this increase originated mainly from oil exports, which rose by SR59.7 billion or 105.5 percent in the same period. The share of oil exports in total exports increased from 72 percent in May 2021 to 80.6 percent in May 2022.
This comes as Saudi merchandise imports increased by 21.8 percent to SR53.9 billion in May 2022 compared to SR44.2 billion in May 2021.
This helped Saudi achieve a trade surplus as the ratio of non-oil exports to imports increased by 51.8 percent in May from 49.8 percent in May 2021.
However, when compared on a month-on-month basis, the non-oil exports decreased by SR0.03 billion or 0.1 percent from April 2022.
Saudi Imports also decreased by SR2.2 billion or 4 percent in May compared to April 2022.
China remains the top importer of Saudi Arabia with SR19.2 billion, accounting for 13.3 of total exports, followed by India and Japan, which imported SR14.7 billion and SR12.5 billion worth of merchandise, respectively, in May.


Promising news.
 

The SC

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Technical services agreements are a key factor in the localization of the shipbuilding industry of all kinds in the Kingdom, and the signing of this agreement with our strategic partner HHI comes at a very appropriate time to support the launch of shipbuilding in the facilities of the International Maritime Industries Company soon.. God willing..

International Maritime Industries is delighted to sign a new agreement with Hyundai Heavy Industry ..This agreement increases efforts to transfer technical knowledge and contributes to strengthening our capabilities in the field of engineering and shipbuilding in the marine industries sector..



 

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Crown Prince Bin Salman's visit to France, the Rafale manufacturing deal in Saudi Arabia is on his agenda..

By the way, it's not only the Tornado that are becoming obsolete by 2030, even some versions of the F15..

After 2025 KSA will need a fighter to fill the possible shortage..

Why is Rafale So Special? Here's the Explanation​


Italy also proposed 42 Typhoons with local production..But Saudi Arabia did not need the Typhoon, and it was much better to get the Rafale in place of the Typhoon, and it does complementing it..So it would add more capabilities to Saudi Arabia; F15 for air superiority and air supremacy, while the Rafale suppresses defenses and is superior to the Typhoon in that field..


BTW KSA tried the Rafale before anyone else.. by General Khaled Mahmoud Borai

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The SC

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Thomas Laliberte, Raytheon's head of land warfare and air defense, said that the production line and manufacture of parts of the supply chains for Patriot missiles will be moved to Saudi Arabia.

Today, the company and Saudi Minister of Investment Khalid Al-Falih announced our plans to move the production line and manufacture parts of the supply chain for Patriot missiles to Saudi Arabia, so the components will be manufactured here in the Kingdom but will not only serve customers in Saudi Arabia but also abroad.
 

The SC

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The Saudi Navy received the second corvette of the Avante 2200 class from the Spanish company Navantia, out of a total of 5 corvettes contracted by Saudi Arabia from the Spanish company.

The second corvette was named Diriyah.

The most important specifications of the Corvette Avante 2200
• Corvette has a displacement of 2400 tons
• OTO Melara . 76 mm super rapid front gun
• 8 MKV41 cells to launch 32 ESSAM medium-range air defense missiles
• 8 Harpoon 2 anti-ship missiles
• 6 tubes to launch torpedoes

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The SC

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LGK TECHNOLOGY TRANSFER Laser Guidance Kit technology FROM TURKEY TO SAUDI ARABIA

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Earlier in October, a call for proposal document was published by Saudi Arabian Military Industries (SAMI), which has been authorized by the Saudi Arabian Air Force (RSAF) as a supplier of laser-guided smart munitions. In this context, extensive work was carried out on the establishment of the LGK-82 and LGK-84 production capacity line in Riyadh to meet the RSAF need, the production of LGK from this line under the responsibility of ASELSAN, and the transfer of Laser Guidance Kit technology to Saudi engineers. Chairman of the Board and General Manager Prof. Dr. Our budgetary proposal, which was followed closely by Haluk GÖRGÜN, was presented to Deputy General Manager and MGEO Sector President Prof. Dr. Shared with SAMI by Sezai ELAGÖZ and Guidance Systems Program Director Rafet EROĞLU

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The SC

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Milkor’s Saudi alignment cemented with industrial investment license

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Milkor is a South African defense company specializing in unmanned air, land and sea capabilities

Milkor is aligned with Saudi Arabia’s Vision 2030, which aims to reduce Saudi Arabia’s dependence on oil, diversify its economy, and develop public service sectors such as health, education, infrastructure, recreation, and tourism. Milkor’s contribution includes 100% indigenous manufacturing and Milkor will also involve local industry in the form of subcontracting and project-based cooperation.

According to Armand Bodenstein, Business Development Director at Milkor, “This latest international expansion does not only present Milkor with the opportunity to tap into the local market within the Kingdom of Saudi Arabia in line with their localisation policy, but it also presents a new opportunity to share in the knowledge base available within the two countries and allows us to redirect resources back into the South African industry.”

Milkor’s Saudi office is its third internationally, after India and the United Arab Emirates. With the primary focus on localisation and the development of in-country capabilities, the establishment of international offices allows Milkor to develop new relations with local military markets and continue to be at the forefront of technological innovations..



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Khan2727

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Saudi Arabia set to double renewables tenders as Middle East growth may pick up​

From the article: “Saudi Arabia has the target of net zero emissions by 2060 and the goal is to install 58 GW of renewables by 2030.”.



The igniting of competition between Saudi experts and developed countries on renewable energy… Where Saudi Aramco and SABIC for agricultural nutrients have obtained accreditation certificates for blue hydrogen and blue ammonia products, ahead of America and France
- : considered the first accreditation certificates in the world


Saudi industries roam the world… The emergence of a respirator in a Kuwaiti medical facility
“Made in Saudi Arabia ” MADE in KSA - : Saudi Arabia manufactures about 6.000+ thousand devices annually - : Last year, Saudi Arabia launched the first device with a rate of 48% as local content.


Military spending in Saudi Arabia is declining from the third globally to the eighth globally amid Saudis focusing on local industries instead of imports - : Official: Saudi Arabia is on the right track to reach the production of 50% of military spending during 2030 - : Source :- SIPRI International Institute


Construction work continues at AMP2 Automobile Company of Lucid in King Abdullah Economic City, north of Jeddah - : The first factory for luxury electric cars in the Middle East - : Saudi Arabia will produce between 150-155 thousand cars annually, and about 80% of them will be exported outside the Kingdom
 
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The SC

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When talking about the components of the Kingdom of the local defense ecosystem
Ahmed Al-Ohali, Governor of the General Authority for Military Industries GAMI, said: It includes manufacturing, services, innovation and education.

These are all critical aspects of a developing defense sector, but they all have one thing at their absolute core: talented and skilled human capital. No sector can realize its full potential without access to local talent, supported by education and training, This is why we developed the Human Capital Strategy for the Military Industry; To make sure our greatest asset, the youth of our nation, is empowered to become leaders and innovators in the future in the defense sector.

“Innovation, research and technology in the defense ecosystem is vital to sustainable localization. We are working closely with the newly established Defense Development Authority to guide the development of defense technology".

Al-Ohali said: training the youth was a key component of the strategy..“One of these initiatives is The National Academy of Military Industries, GAMI is setting up an independent academy to train national staff refine and empower them which will help us in the end to achieve our localisation goals..

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