Passive Radar System (SAMIT)
The early alarm concept was previously relying on large radars which cover wide areas. The threat was limited to large combat or reconnaissance aircrafts. The operational concept is still important and its threat still exists; however, a new threat has appeared...
Turning Inward: GCC Sovereign Wealth Funds Reinvent Themselves in the COVID Era
SITUATION REPORTS - March 19, 2021
By Arman Sidhu
In a 2016 interview with Bloomberg, Saudi Crown Prince Mohammad bin Salman described a vision for the Kingdom’s post-carbon future, one that would channel the oil...
RIYADH — Commander of the Royal Saudi Naval Forces Lt. Gen. Fahd Bin Abdullah Al-Ghafili received Commander of Iraqi Navy Rear Adm. Ahmed Jassim and his accompanying delegation in Riyadh.
During the meeting, the two sides discussed means of enhancing cooperation, training and exchanging...
Saudi Arabia's 2021 budget records highest non-oil revenues ever
December 13, 2021
RIYADH - The kingdom of Saudi Arabia in 2021 has recorded its highest ever non-oil revenues.
While the business climate index for the non-oil economy has grew by more than 13% in October.
Finance Minister...
Saudi mineral wealth could top $1.3 trillion amid Kingdom’s aggressive exploration plan
Updated 31 January 2022
WAEL MAHDI
January 10, 2022
RIYADH: Saudi Arabia expects its mineral wealth to exceed earlier estimates of $1.3 trillion as the Kingdom plans to triple spending on the...
KSA:
722.002 total cases
1,098,430 tests/1m pop
8.965 deaths
251 deaths/1m pop
Iran:
6,730,608 total cases
530,872 tests/1m pop
133,294 deaths
1,555 deaths/1m pop
https://www.worldometers.info/coronavirus/
That is a huge difference in terms of total cases, test performance, number of...
Saudi Arabia buys $7.7 billion shares in world’s best known companies
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Updated 19 May 2020
FRANK KANE
May 17, 2020
Bargain-hunting wealth fund invests in Boeing, Facebook, Disney, Starbucks and more
DUBAI: Saudi Arabia’s sovereign wealth fund has gone bargain hunting during the...
In those very unusual COVID-19 times where a pandemic has engulfed the entire world and paralyzed it, the upcoming Ramadan will likely be a very different experience but nevertheless I wish every Muslim brother and sister a blessed, thoughtful and spiritual Ramadan.
Mekkah by CamelKW, on Flickr...
Saudi Arabia’s new renewables giant
24 January 2020
Saudi Arabia has ambitious energy diversification targets, yet execution has been slow and the kingdom remains synonymous with petroleum. However, ACWA Power, a company backed by the public investment fund and Saudi investors, is helping the...
280 Saudi Doctors Join Frontline Battle against Coronavirus in France
About 280 Saudi doctors are helping to fight coronavirus across France.
Jeddah – Aisha Jaffari
About 280 Saudi doctors are helping to fight the coronavirus disease (COVID-19) in hospitals across France as they take part...
THE UNITED STATES SHOULDN’T SELL THE F-35 TO SAUDI ARABIA
SHIMON ARAD
JANUARY 17, 2020
Saudi Arabia wants to purchase Lockheed Martin’s F-35 stealth fighter jet. The aircraft is the most advanced fighter in the world, and it would give Riyadh a major military advantage in the Gulf. In...
G20 leaders to pump in $5 trln into global economy in fight against coronavirus
Britain's Prime Minister Boris Johnson sits in the study of 10 Downing Street, on a video conference call to other G20 leaders during the coronavirus outbreak in London, Britain, on March 26, 2020. (Reuters)...
India recorded an annual trade deficit with KSA last year that amounted to 22.9 billion USD.
https://economictimes.indiatimes.com/news/economy/foreign-trade/indias-trade-deficit-widened-with-25-major-countries-in-3-years/articleshow/70060617.cms
Same case with every single Arab country that...
COMMODITIES
JANUARY 11, 2020 / 3:44 PM / A MONTH AGO
Saudi Arabia's ACWA Power plans $10 billion of investments in 2020: CEO
FILE PHOTO: Saudi Acwa Power-generating windmills are pictured in Jbel Sendouq, on the outskirts of Tangier, Morocco, June 29, 2018. REUTERS/Youssef Boudlal
ABU DHABI...
The case for protecting Saudi Arabia’s ancient art of Khawlani coffee production
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Updated 54 min 54 sec ago
REBECCA ANNE PROCTOR
MOHAMMED AL-KINANI
January 15, 202023:46
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Saudi Arabia is asking UNESCO to provide...
Prince Khalid bin Salman attends Egypt’s Berenice military base opening
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ARAB NEWS
January 16, 202
Prince Khalid bin Salman discussed the importance of the military base and Egypt’s developing military systems
DUBAI: Saudi...
Indonesia hails ‘historic’ $22.9bn mega-investment deal with UAE
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ISMIRA LUTFIA TISNADIBRATA
January 17, 202
Leaders agree initial $6.8bn projects plan, including initiative to build a replica of Abu Dhabi grand mosque in Java
JAKARTA: Indonesia’s business...
Saudi Aramco raises $25.6 billion in the world's biggest IPO
London/Vienna (CNN Business)Saudi Arabia has just pulled off the biggest initial public offering in history, raising $25.6 billion by selling shares in its giant state-owned oil monopoly.
Saudi Aramco sold 3 billion shares at 32...
Open for business: $15bn in deals signed at Saudi investment forum
FRANK KANE
October 30, 2019
Foreign firms setting up in Saudi Arabia increase by 30%
Aramco IPO announcement ‘expected in days’
RIYADH: Saudi Arabia signed $15 billion in deals on Tuesday on the first day of the Future...