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Saudi King Salman bin Abdulaziz chairs a cabinet’s session in Riyadh on October 17, 2017. (SPA)
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BAE Systems Hawk Mk 132 advanced jet trainer aircraft. (AFP)
New Hawk Jets Platforms Manufactured by Saudi Arabia
Dammam – Saudi International Petrochemical Company (Sipchem) announced on Monday that it finished the manufacturing of 18 platforms for Hawk jets, alongside its ground equipment. The manufacturing was carried out by the Riyadh-based Sipchem subsidiary, the Saudi...Caption:
Saudi Arabia Establishes ‘Fund of Funds’ for Small Enterprises
Riyadh- The Public Investment Fund (PIF) has announced the establishment of the Fund of Funds, a new investment vehicle designed to provide small and medium-sized enterprises (SMEs) with access to capital by investing in venture capital and private equity funds. The...Caption:
Saudi Ministry of Finance Releases Draft of Government’s Tender, Procurement Regulations
Riyadh- Saudi Arabia’s Finance Ministry released on Sunday the first draft of the government’s tender and procurement regulations on its website, so that related parties can share their views and suggestions until Saturday 28 October. The move comes as part of the...Caption:
Officials signing deal on sidelines of Saudi Electricity Forum (Asharq Al-Awsat)