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In February 2024, the South Korean Ministry of National Defense announced that Saudi Arabia would purchase 10 KM-SAM Block II batteries, in a deal worth $3.2 billion. [21] In September 2024, the Iraqi Ministry of Defense signed a deal with LIG Nex1 worth $2.8 billion, in order to acquire an unspecified number of KM-SAM Block II batteries. [28]
Ceer Motors is an electric vehicle brand in Saudi Arabia. [1] It is the first EV brand in Saudi and includes Sedans and Sports Utility Vehicles (SUV's) for the GCC region. [2] Ceer Motors plans to distribute in Middle Eastern markets by 2025. [3] [4] [5] The brand name Ceer, translates to the Arabic word for "drive forward". [6]
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]
A 32-year-old woman has been arrested after allegedly bludgeoning her mother to death inside her own home, officials said. Burlington County Prosecutor LaChia L. Bradshaw and Willingboro Township ...
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The bird flu outbreak has taken concerning turns, with more than 60 human cases confirmed. Experts outlined four signs that the virus is going in the wrong direction.
The new king of Denmark has changed the country’s royal coat of arms to more prominently feature Greenland in an apparent rebuke of President-elect Donald Trump’s plan to take over the ...
The King Abdullah Petroleum Studies and Research Center (KAPSARC) is an advisory organization specializing in energy economics, climate, and sustainability that seeks to advance Saudi Arabia’s energy sector and inform global policies through evidence-based advice and applied research. [1] It is located in Riyadh, Saudi Arabia. [2]