Sunday 28 May 2017

Boeing signs defence, commercial deals with Saudi

Boeing has signed several defence and commercial agreements with Saudi Arabia, bolstering their partnership and creating thousands of jobs in both the US and Saudi Arabia during a visit by US President Donald Trump to the kingdom. President Trump and Secretary of State Rex Tiller


Evonik becomes corporate member of Dubai Opera

Evonik, a German industrial group, has signed up as a corporate member of Dubai Opera. The initiative is a part of the company’s continuous efforts to endorse the regional arts and culture scene, said a statement. “Creativity is at the core of the Evoni


Alba names new manager

Aluminium Bahrain (Alba), the Bahrain-based international aluminium smelter, has appointed Hisham Al Kooheji as the new manager for customer services and marketing operations. Al Kooheji joined Alba in April 2011 as an operational excellence specialist and was appointed as the head of


Ajman Free Zone opens office in Cyprus

Ajman Free Zone today announced that it has opened a representative office in Cyprus and has also entered into an alliance with Freemont Group, a business and corporate consultancy with offices in both Nicosia and the UAE. In a statement, the free zone said that the alliance with


L&T showcases engineering expertise at Saudi event

India's top engineering and construction firm Larsen & Toubro (L&T) showcased its key solutions at Saudi Elenex, a trade exhibition for the power, solar and lighting industries, which was held recently in capital Riyadh. The event, which attracted over 112 companies f


Raytheon to set up new company in Saudi Arabia

Raytheon Company, a technology and innovation leader specialising in defence and cybersecurity solutions, has  joined forces with the newly-created Saudi Arabia Military Industries to launch its new company in the kingdom. The new entity, Raytheon Arabia, which will have its


Saudi plans to buy $28bn Lockheed equipment

Saudi Arabia has expressed its intent to procure more than $28 billion worth of Lockheed Martin integrated air and missile defense, combat ship, tactical aircraft and rotary wing technologies and programs, the company said. “At Lockheed Martin, we are proud to be part of th


Hardware + Tools set to kick off in Dubai

Leading players from the regional building materials and construction machinery sector will be showcasing their latest power tools at the upcoming Hardware + Tools Middle East exhibition in Dubai, UAE. In its 18th edition, the three-day event, which opens on May 22 (Monday), will


Saudi Arabia inks massive $110bn US weapons deal

The United States has sealed a massive arms deal with Saudi Arabia, the White House announced on Saturday, a move that solidifies its decades-long alliance with the world's largest energy producer just as President Donald Trump begins his maiden trip abroad as leader of the free world.


Saudi lands big Blackhawk helicopters deal

A series of US-Saudi arms deals announced on Saturday includes a pledge to assemble 150 Lockheed Martin Blackhawk helicopters in the kingdom, said a report, citing an official statement.   The $6-billion deal for Blackhawks is expected to result in about 450 jobs in Saudi Ara

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