Saudi Arabia signs deal with Boeing to localize defense sector

1 / 2
The joint venture will provide a foundation for future platform sales and for expanding Boeing’s presence in the Kingdom to support market growth in both the commercial and defense sectors. (SPA)
2 / 2
The agreement, between Saudi Arabian Military Industries company (SAMI) and Boeing, was signed by SAMI chairman Ahmad Al-Khatib and Boeing CEO Denis Mullenberg. (SPA)
Updated 31 March 2018
Follow

Saudi Arabia signs deal with Boeing to localize defense sector

JEDDAH: Crown Prince Mohammed bin Salman sponsored the signing of a joint venture agreement between the Saudi Arabian Military Industries Company (SAMI) and Boeing at the latter’s headquarters in Seattle on Saturday, the Saudi state news channel Al-Ekhbariya reported.
The aim of the deal is to localize more than 55 percent of the maintenance and repair of fighter jets and helicopters in the Kingdom. The agreement also included the transfer of technology to integrate weapons on these aircraft and the setting up of a supply chain for spare parts within Saudi Arabia.
The venture is part of efforts to achieve the goals of Saudi Vision 2030.
Commenting on the important milestone, SAMI chief Ahmed Al-Khateeb was quoted in media reports as saying, “Boeing has a long-standing commitment to Saudi Arabia, and is extremely keen on expanding its footprint in the country. Inspired by the vision of Crown Prince Mohammed bin Salman, SAMI is exploring all opportunities to build a strong autonomous military industries ecosystem in the Kingdom.”
Boeing chief Dennis Muilenburg said with this local capability dedicated to sustaining all US-made defense platforms, we can better serve our customers and support the Kingdom’s goals of localization and economic growth.
“We deeply appreciate the trust that the Kingdom of Saudi Arabia in general, and Prince Mohammed bin Salman personally, are placing in Boeing to help deliver Vision 2030 with this new joint venture,” he added.
“Our relationship with the Kingdom dates back more than 70 years, and we look forward to continuing our successful partnership in support of the Kingdom’s national security and aerospace industry needs.”
Dr. Andreas Schwer, CEO of SAMI said: “This deal will enable SAMI and Boeing to play a key role in leading and laying the foundational framework for Saudi Arabia’s defense sector industrialization.”
The joint venture will provide a foundation for future platform sales and for expanding Boeing’s presence in the Kingdom to support market growth in both the commercial and defense sectors.
Boeing’s partnership with Saudi Arabia dates back more than 70 years and is growing from strength to strength. It began on Feb. 14, 1945, when US President Franklin D. Roosevelt presented a twin-engine Dakota DC-3 airplane to King Abdul Aziz: This event also marked the birth of commercial air travel in the Kingdom.
 


Australian deputy PM highlights Saudi Arabia’s strategic importance during visit

Updated 19 December 2024
Follow

Australian deputy PM highlights Saudi Arabia’s strategic importance during visit

DUABI: Australian Deputy Prime Minister and Minister of Defense Richard Donald Marles underlined the importance of Saudi Arabia as a key partner for Australia, highlighting its position as the country’s second-largest trading partner in the Middle East.

In a statement issued by his office on Thursday, Marles said his visit to Saudi Arabia is focused on enhancing cooperation within the G20 framework and other multilateral institutions, as well as reaffirming Australia’s commitment to a rules-based global order.

Marles described Saudi Arabia as a pivotal partner in addressing shared global challenges, emphasizing the significance of deepening economic and diplomatic ties. He added that the visit offers an opportunity to explore new avenues for collaboration and strengthen the relationship between the two countries.


KSrelief’s humanitarian works benefit individuals from Yemen, Ukraine and Sudan

Updated 19 December 2024
Follow

KSrelief’s humanitarian works benefit individuals from Yemen, Ukraine and Sudan

RIYADH: The King Salman Humanitarian Aid and Relief Center’s (KSrelief) humanitarian projects in Yemen, Ukraine and Sudan continue to benefit individuals needing medical and therapeutic intervention.

In Yemen, KSrelief provided services through the Prosthetic and Rehabilitation Center in Aden to 562 patients in November as part of efforts to strengthen the country’s healthcare sector and help individuals who require prostheses.

The center also delivered 1,395 services, including the manufacturing, fitting, and rehabilitation of prosthetic limbs, along with physical therapy and specialized consultations.

Also in Aden, a team of medical volunteers undertook an adult urology surgery campaign from Dec. 15 to 22, with the nine specialists performing 15 procedures on patients. The project was implemented in collaboration with the Saudi Development and Reconstruction Program for Yemen

In Rzeszow, Poland, KSrelief volunteers fitted prosthetic limbs for 32 Ukrainian refugees between Dec. 8 to 15.

In Sudan’s Port Sudan, volunteers from KSrelief ran a pediatric surgical program and has successfully examined 15 children and performed seven successful surgeries so far.


‘Common Ground’ festival celebrates Saudi Arabia and Iraq cultures

Updated 19 December 2024
Follow

‘Common Ground’ festival celebrates Saudi Arabia and Iraq cultures

  • Art, music and folklore to feature at Riyadh event until Dec. 31
  • Over 100 works from Iraqi and Saudi artists will be on display

RIYADH: The Kingdom launched the second “Common Ground” festival on Wednesday to celebrate the rich cultures of Saudi Arabia and Iraq.

Organized by the Culture Ministry, “Common Ground” features a variety of activities including art, music and folklore.

The ministry invited residents to “explore and celebrate Iraqi culture and the historical and cultural bonds between the Kingdom of Saudi Arabia and the Republic of Iraq through art, music, storytelling and more.”

The festival, which runs until Dec. 31, is being held at Mega Studio in Riyadh’s Boulevard City.

The event includes a tribute to writer Kareem Al-Iraqi, who died last year, for his contribution to art and literature, which includes novels, plays, songs and screenplays.

The opening night featured songs by renowned Iraqi singer-songwriter Kadim Al-Sahir. And Thursday will have several seminars led by heritage experts.

There will also be over 100 works from Iraqi and Saudi artists on display at the festival.

Meanwhile, in AlUla on Wednesday, Iraq’s Prime Minister Shia Al-Sudani was welcomed by Crown Prince Mohammed bin Salman for discussions on regional events.


Saudi aid agency KSrelief launches pediatric surgical program in war-ravaged Sudan

Updated 19 December 2024
Follow

Saudi aid agency KSrelief launches pediatric surgical program in war-ravaged Sudan

  • Medical team assesses 15 children and carries out 7 successful operations during first few days of the project, which is staffed by volunteers

RIYADH: Saudi aid agency KSrelief this week launched a volunteer pediatric surgical program in the Sudanese city of Port Sudan.

By Wednesday, the medical team had assessed 15 children and carried out seven successful surgeries, the Saudi Press Agency reported.

Sudan is locked in a civil war between two rival factions of the country’s military government that began in April 2023. It has claimed tens of thousands of lives and displaced about 12 million people.

The conflict has also had a devastating effect on healthcare, with more than two-thirds of major hospitals in out of service, according to the World Health Organization.


Riyadh governor receives newly appointed Palestinian envoy

Updated 18 December 2024
Follow

Riyadh governor receives newly appointed Palestinian envoy

Riyadh Gov. Prince Faisal bin Bandar received the newly appointed Ambassador Extraordinary and Plenipotentiary of Palestine to the Kingdom Mazen Ghoneim in Riyadh on Wednesday.

During the meeting, they discussed various topics of common interest, and Prince Faisal wished the ambassador success in his new duties, Saudi Press Agency reported.

Meanwhile, on the same day, Baha Gov. Prince Hussam bin Saud bin Abdulaziz met with Ambassaor of India to the Kingdom Dr. Suhel Ajaz Khan to discuss topics of mutual interest.