CEO of Barzan Holdings: We Aim to Localize, Attract Defense Industries in Qatar

Abdullah Al-Khater, CEO of Barzan Holdings, receives a visitor at the World Defense Show in Riyadh. (Asharq Al-Awsat)
Abdullah Al-Khater, CEO of Barzan Holdings, receives a visitor at the World Defense Show in Riyadh. (Asharq Al-Awsat)
TT

CEO of Barzan Holdings: We Aim to Localize, Attract Defense Industries in Qatar

Abdullah Al-Khater, CEO of Barzan Holdings, receives a visitor at the World Defense Show in Riyadh. (Asharq Al-Awsat)
Abdullah Al-Khater, CEO of Barzan Holdings, receives a visitor at the World Defense Show in Riyadh. (Asharq Al-Awsat)

CEO of Barzan Holdings Abdullah Al-Khater said the company aims to strengthen defense industries and attract defense technology to Qatar.

In an interview with Asharq Al-Awsat on the sidelines of the World Defense Show, which concluded in Riyadh on Friday, Al-Khater said the company’s work is based on different axes, namely domestic and foreign investment in defense technology and supporting the Qatari Ministry of Defense in acquisitions and purchases and building local defense capabilities.

He noted that Barzan Holdings was implementing a strategy that is founded on long-term plans, pointing to the establishment of a large number of companies, which have begun manufacturing defense products, weapons and systems.

Barzan Holdings has also completed some projects on behalf of the Qatari Ministry of Defense in a number of various fields, he underlined.

Moreover, Al-Khater explained that the signing of the joint cooperation agreement with the Saudi Military Industries Company (SAMI) covers several areas, including joint projects, cooperation in production and joint investments in the fields of defense and security.

He stressed that a number of factors contributed to the achievements of Barzan Holdings, mainly the support provided by the Qatari leadership, investments in the human cadre by attracting local and foreign minds, and cooperation with international companies.

Al-Khater revealed that the company was seeking to enter the multiple fields in the defense industries, whether at the level of light or classic industries, or even the advanced manufacturing, such as the technological field, and the employment of artificial intelligence and drones.

Regarding export plans, he noted that while export was one of the priorities of Barzan Holdings, the main goal of building the defense field is to meet the local need.

He said in this regard: “The sustainability of these companies requires working on the concept of export, which represents one of our main goals... and we aspire to achieve it, whether at the regional or international level.”

Al-Khater stressed that the company was open to cooperation with regional companies, including SAMI and others.

On the company’s participation in the World Defense Show, he noted that Barzan Holdings showcased a number of its products and was looking forward to greater participation in future editions.



Saudi's flynas Strikes Deal for Additional Airbus A320neos, 15 A330s

Saudi's flynas strikes deal for additional Airbus A320neos, 15 A330s (flynas)
Saudi's flynas strikes deal for additional Airbus A320neos, 15 A330s (flynas)
TT

Saudi's flynas Strikes Deal for Additional Airbus A320neos, 15 A330s

Saudi's flynas strikes deal for additional Airbus A320neos, 15 A330s (flynas)
Saudi's flynas strikes deal for additional Airbus A320neos, 15 A330s (flynas)

flynas, Saudi Arabia’s leading low-cost carrier, has signed a Memorandum of Understanding (MoU) with Airbus for 75 A320neo family aircraft and 15 A330-900. This strategic agreement will expand the airline's capacity, range and enhance its overall fleet capabilities.
Signed during Farnborough International Airshow in the presence of President of the General Authority of Civil Aviation (GACA) of Saudi Arabia, Abdulaziz bin Abdullah Al-Duailej, Chairman of the Board of NAS Holding Ayed Al Jeaid, flynas Chief Executive Officer & Managing Director Bandar Almohanna, and Airbus Chief Executive Officer, Commercial Aircraft, Christian Scherer, Airbus said on its website.
The new aircraft will join the carrier’s all Airbus fleet serving international, domestic and regional routes. The new A330-900 aircraft will boast a two-class configuration, accommodating up to 400 passengers.
"We are excited to further strengthen our long-standing partnership with Airbus," said Bander Almohanna, CEO and Managing Director of flynas. "The A320neo Family provides exceptional operational performance and environmental benefits, allowing us to offer unique, low-cost travel experiences. Additionally, the A330neowill enhance our long-haul capabilities with its advanced technology and efficiency while supporting our growth plans and Saudi Arabia’s pilgrim program."
Airbus Chief Executive Officer, Commercial Aircraft, Christian Scherer said, "We are delighted to expand our partnership with flynas through this significant milestone for both A320neo and A330-900 aircraft. The A330neo will allow flynas to further grow into widebody markets by building on the A320, benefiting from Airbus’ unique commonality. Both aircraft types offer flynas the perfect versatility and economics to expand into new markets while offering their passengers the latest cabin experience and comfort. We look forward to continuing our successful collaboration with flynas as they embark on this exciting new chapter."
The addition of the A330-900 aircraft will support flynas' ambitious growth plans. The airline anticipates significant operational efficiency gains by combining the new widebody aircraft with its existing A320neo fleet. The A330-900 offers increased capacity and range at unrivaled seat costs, ensuring flynas can compete effectively in the growing regional market, a key focus area for the airline.
The A330neo delivers unbeatable operating economics, powered by the latest-generation Rolls-Royce Trent 7000 engines, featuring new wings and a range of aerodynamic innovations resulting in a 25 percent reduction in fuel consumption and CO₂ emissions compared to previous generation competitor aircraft. The A330neo is capable of flying 8,150 nm / 15,094 km non-stop, providing ultimate comfort with more passenger space, a new lighting system, latest in-flight entertainment systems and full connectivity throughout the cabin.
As with all Airbus aircraft, the A330 family is already able to operate with up to 50% Sustainable Aviation Fuel (SAF). The manufacturer is targeting to have its aircraft up to 100% SAF capable by 2030.