Eight Decades of Excellence: Boeing’s Journey in the Kingdom

A Boeing 737 aircraft (Boeing)
A Boeing 737 aircraft (Boeing)
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Eight Decades of Excellence: Boeing’s Journey in the Kingdom

A Boeing 737 aircraft (Boeing)
A Boeing 737 aircraft (Boeing)

President Donald J. Trump’s recent visit to Saudi Arabia spotlighted the enduring ties between the Kingdom and the United States, a relationship built on shared interests in economic development, security, and technological progress, said Asaad AlJomoai, President of Boeing Saudi Arabia, in remarks to Asharq Al-Awsat.

According to AlJomoai, the visit reaffirmed the long-lasting strategic partnership between the two nations in critical areas including aviation and defense sectors, where Boeing is proud to have partnered with Saudi Arabia over the past eight decades.

From the first delivery of a Boeing DC-3 to the Kingdom in the 1940s, to the landmark 2023 order of 121 Boeing 787 Dreamliners, our relationship with the Kingdom reflects a deep, strategic alignment that has grown stronger with time, he said.

Fuelling a Bold Aviation Future

Today, our collaboration supports many aspects of Saudi Arabia’s Vision 2030 - a bold blueprint to diversify the economy, empower youth, and position the Kingdom as a global hub for connectivity and innovation, AlJomoai said.

Saudi Arabia is rapidly emerging as an aviation powerhouse, driven by record-breaking passenger growth, historic aircraft orders, and visionary infrastructure projects, he added.

AlJomoai highlighted that the launch of Riyadh Air, the Kingdom’s new airline, alongside the expansion of Saudia, signals a national commitment to building a globally competitive air transport sector; between them, Riyadh Air and Saudia have placed orders of up to 121 Boeing 787 Dreamliners.

This order will add to the 240 Boeing commercial airplanes that are already in operation across Saudi Arabia. Our partnerships also include leading lessors such as AviLease, which recently announced a direct purchase of 20 Boeing 737-8 passenger aircraft, with options for 10 more. With this agreement for up to 30 737-8s, AviLease becomes the first Saudi Arabian company to purchase the 737 MAX, AlJomoai noted.

These new airplanes will help advance Saudi Arabia’s sustainability targets and global connectivity ambitions, enabling service to over 100 destinations by 2030, and will be integral to aviation mega-projects including King Salman International Airport and the Riyadh Integrated Zone, he said.

Strengthening Local Talent and Industry

At the heart of Saudi Arabia’s aviation transformation lies a deep investment in people, innovation, and industrial capability, AlJomoai explained. The Kingdom is prioritizing advanced manufacturing, skills development, and technology - opening new doors for the next generation of Saudis to shape the future of aerospace, he added.

This momentum is already creating opportunities for a diverse and highly skilled workforce. Over the next 20 years, Boeing forecasts regional demand for nearly 250,000 aviation professionals, including 68,000 pilots, 63,000 aircraft technicians, and 104,000 cabin crew.

According to AlJomoai, meeting this demand will require a strong pipeline of local talent and a commitment to inspire and equip young people with the skills they need to lead.

At Boeing, we’re proud to contribute to this effort. One way we’re doing so is through ‘Pick Up Your Wings and Fly’, a regionally focused social media initiative designed to encourage young women to pursue careers in aerospace, AlJomoai said.

By featuring real stories from women across the aviation industry, the platform offers insight, inspiration, and practical guidance on education, training, and career development for Saudi women. The initiative was launched in Saudi Arabia this year in collaboration with our long-standing academic partner, Alfaisal University, he added.

Our partnership with Alfaisal University extends beyond this initiative, he noted. As a co-founding partner, Boeing provides engineering support, mentorship, and collaborates on hands-on projects such as designing a solar-powered vehicle for international competitions, helping equip students with the skills and experience to innovate on a global stage, AlJomoai affirmed. 

We also work closely with Princess Nourah bint Abdulrahman University (PNU), the world’s largest women’s university, to promote STEM education and create meaningful opportunities for young Saudi women, AlJomoai added. Through joint initiatives, academic support, and research collaboration, we’re helping open doors for future leaders in science, technology, and aerospace, he added.

Future-Focused: Innovation, Technology, and Digitalization

AlJomoai noted that as Saudi Arabia accelerates toward Vision 2030, innovation, technology, and digitalization are taking center stage in the transformation of its aerospace and defense sectors. The Kingdom is making significant strides in building an indigenous aerospace ecosystem - one that not only meets national needs but also contributes to regional and global technological advancement, he stressed.

Boeing plays an active role in supporting these ambitions through long-standing industrial partnerships, he added. This includes our joint venture with Saudi Arabian Military Industries (SAMI), which sustains and supports military rotorcraft, contributing to local capability in defense maintenance and logistics. We are also working with the Ministry of Investment of Saudi Arabia (MISA) to explore opportunities in manufacturing aviation-grade metals, as well as advanced plastics and resins, which are critical materials to support the Kingdom’s goal of developing a robust, local aerospace supply chain, said AlJomoai.

Our 15-year partnership with King Abdullah University of Science and Technology (KAUST) further underscores our commitment to innovation, AlJomoai said. Together, we’ve conducted research in areas such as artificial intelligence, advanced materials, computer modeling, solar energy, and industrial water treatment. This collaboration continues to support the Kingdom’s vision of becoming a global hub for research-driven innovation and technological leadership, he noted.

These efforts signal a broader transformation - moving from dependence on imported technologies to building homegrown capabilities and truly establishing Saudi Arabia as a global leader in aviation as both a travel and tourism hub, and as a center for aerospace design, advanced manufacturing, and digital innovation, he said.

Boeing is proud to have been an integral part of this transformation for the past 80 years, and we intend to be a trusted and dedicated partner to the Kingdom for many more years to come, AlJomoai concluded.



Türkiye TPAO, Shell Sign Deal to Carry out Exploration Work offshore Bulgaria

A Shell logo is seen at a gas station in Buenos Aires, Argentina, March 12, 2018. (Reuters)
A Shell logo is seen at a gas station in Buenos Aires, Argentina, March 12, 2018. (Reuters)
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Türkiye TPAO, Shell Sign Deal to Carry out Exploration Work offshore Bulgaria

A Shell logo is seen at a gas station in Buenos Aires, Argentina, March 12, 2018. (Reuters)
A Shell logo is seen at a gas station in Buenos Aires, Argentina, March 12, 2018. (Reuters)

Türkiye Petrolleri (TPAO) has signed a partnership agreement with Shell to carry out exploration work in Bulgaria's maritime zone, the Turkish energy ministry and British oil major said on Wednesday.

European Union member Bulgaria, which had been totally dependent on Russian gas until 2022, has been seeking to diversify its gas supplies and find cheaper sources, Reuters reported.

TPAO and Shell will jointly explore the Khan Tervel block, located near Türkiye's Sakarya gas field, and will hold a five-year licence in Bulgaria's exclusive economic zone, Minister Alparslan Bayraktar said.

Shell will continue as operator of the block, while TPAO will take a 33% interest in the licence, a Shell spokesperson said.

Since the start of this year, TPAO has signed energy cooperation agreements with ExxonMobil, Chevron and BP for possible exploration work in the Black Sea and the Mediterranean.

In April, Shell signed a contract with Bulgaria's government to allow the oil major to explore 4,000 square metres in the block.


Saudia Signs Strategic Partnership Agreement with Six Flags and Aquarabia Qiddiya City

udia will develop special travel packages designed to enable visitors to experience world-class attractions - SPA
udia will develop special travel packages designed to enable visitors to experience world-class attractions - SPA
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Saudia Signs Strategic Partnership Agreement with Six Flags and Aquarabia Qiddiya City

udia will develop special travel packages designed to enable visitors to experience world-class attractions - SPA
udia will develop special travel packages designed to enable visitors to experience world-class attractions - SPA

Saudia Airlines has signed a five-year strategic partnership with Six Flags and Aquarabia Qiddiya City, becoming the official premier partner exclusively in the airline category.

As part of the partnership, Saudia will develop special travel packages designed to enable visitors to experience world-class attractions. The collaboration also brings the spirit of Six Flags and Aquarabia Qiddiya City to the skies through special aircraft branding across Saudia’s fleet, SPA reported. 

Chief Marketing Officer of Saudia Group Khaled Tash said in a press release: "Saudia is committed to supporting national development projects as part of its contribution to Vision 2030, aligned with our strategy to bring the world to the Kingdom. Partnerships of this scale with national partners play a key role in positioning Saudi Arabia as a leading global destination for entertainment and tourism."

Park President of Six Flags and Aquarabia Qiddiya City Brian Machamer added: "Our partnership with Saudia not only reflects a shared ambition to connect the Kingdom to the world through world-class entertainment experiences, but strengthens our ability to attract visitors from around the world and realize our vision of setting a new global benchmark for immersive, world-class theme park entertainment and reinforcing Saudi Arabia’s growing presence on the global tourism stage."

Six Flags Qiddiya City sets a new benchmark for exceptional entertainment regionally and globally. Spanning six iconic themed lands, the theme park takes visitors on an immersive journey across 28 rides and attractions designed to world-class standards. Beyond the scale and diversity of its offerings, Six Flags Qiddiya City stands out for pushing the boundaries of engineering and entertainment, featuring five exclusive, record-breaking rides that have redefined global benchmarks. Leading these innovations is Falcons Flight, the roller coaster that has captured global attention as the fastest, tallest, and longest in the world.

Aquarabia Qiddiya City delivers a distinctive aquatic entertainment experience, offering 22 rides and water attractions, along with a man-made river designed for both relaxation and family-friendly water fun. For guests seeking privacy and elevated comfort, Aquarabia features 91 luxury cabanas, positioning the destination as a fully integrated leisure offering that redefines water-based entertainment to the highest international standards.

Located in the Tuwaiq Mountains near Riyadh, Qiddiya City is an emerging destination bringing together entertainment, sports, and culture. Six Flags and Aquarabia Qiddiya City form part of its entertainment offering.


Moody’s Establishes Regional HQ in Riyadh, Deepening Presence in Region

(FILES) Signage for Moody's Corporation is displayed at their headquarters at 7 World Trade Center on March 18, 2025 in New York City. (Photo by ANGELA WEISS / AFP)
(FILES) Signage for Moody's Corporation is displayed at their headquarters at 7 World Trade Center on March 18, 2025 in New York City. (Photo by ANGELA WEISS / AFP)
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Moody’s Establishes Regional HQ in Riyadh, Deepening Presence in Region

(FILES) Signage for Moody's Corporation is displayed at their headquarters at 7 World Trade Center on March 18, 2025 in New York City. (Photo by ANGELA WEISS / AFP)
(FILES) Signage for Moody's Corporation is displayed at their headquarters at 7 World Trade Center on March 18, 2025 in New York City. (Photo by ANGELA WEISS / AFP)

Moody’s Corporation announced that it has established its regional headquarters in Riyadh, reflecting ongoing commitment to support the development of the Kingdom’s capital markets and economy.

“This investment aligns to the Kingdom's Vision 2030 initiative and underscores its dynamism and growth,” Moody’s said in a statement this week.

The new regional headquarters marks an expansion of Moody’s presence in Saudi Arabia, where the company first opened an office in 2018, and reflects its longstanding commitment to the Middle East.

“The headquarters will strengthen Moody’s engagement with Saudi institutions and enable broader access to Moody’s decision grade data, analytics and insights,” said the statement.

“Our decision to establish a regional headquarters in Riyadh reflects our confidence in Saudi Arabia’s strong economic momentum, as well as our commitment to helping domestic and international investors unlock opportunities with our expertise and insights,” said President and Chief Executive Officer of Moody’s Rob Fauber.

“We are well positioned to provide the analytical capabilities and market intelligence that investors and institutions need to navigate evolving markets across the Middle East,” the statement quoted him as saying.

Mahmoud Totonji will lead the regional headquarters as General Manager.