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In December 2020, the Saudi Arabian Military Industries (SAMI) fully acquired AEC, making it a 100% Saudi-owned company. The deal shall strengthen SAMI's presence in the defense industries market. [3] It is the largest military industries deal ever concluded in Saudi Arabia. [4] In 2021, Ziad bin Houmod Al-Musallam was appointed the CEO of AEC. [5]
SACO (Saudi Company for Hardware) is a provider of home improvement products in Saudi Arabia. Founded in 1984, SACO started out with one store in Riyadh.Over the next two decades, the company expanded its reach across the country and, to date, operates 34 stores in 18 cities, including five stores (known as SACO World), each occupying between 2,350 and 24,500 square meters.
Fluke Corporation is an American manufacturer of industrial test, measurement, and diagnostic equipment, including electronic test equipment. It was started in 1948 by John Fluke while he was employed at General Electric .
Oil prices could climb well into triple-digit territory by next year if Russia and Saudi Arabia don’t unwind their aggressive supply cuts, Goldman Sachs warned its clients.
Saudi Arabia: Saqr1 Saqr2 Saqr3 Saqr4 +230 [55] [56] CAIG Wing Loong China Saudi Arabia: Pterodactyl Wing Loong II: 300 [57] [58] [59] King Abdulaziz City for Science and Technology signed a partnership with China Aerospace Science and Technology Corporation to establish a manufacturing plant in Saudi Arabia for the CH series of unmanned combat ...
The 2017–2019 Saudi Arabian purge was the mass arrest of a number of prominent Saudi Arabian princes, government ministers, and business people in Saudi Arabia on 4 November 2017. [2] It took place weeks after the creation of an anti-corruption committee led by Crown Prince Mohammed bin Salman .
Riyadh Air Base, which is much closer to the city center, is operated by the Royal Saudi Air Force. This airport was an alternative landing site for NASA's Space Shuttle. [7] On 12 March 2023, the Crown Prince of Saudi Arabia, Mohammed bin Salman, formally announced the establishment of Riyadh Air. Riyadh Air will use the airport as a hub. [8]
Turki bin Muhammad Al Saud (Arabic: تركي بن محمد آل سعود; born 5 October 1979) is a Saudi Minister of State, [1] a member of the Council of Ministers of Saudi Arabia, and of the House of Saud.