Saudi Naval Forces Lay Main Keel of ‘His Majesty King Fahd's Ship’ in US

Royal Saudi Naval Forces (RSNF) celebrates the laying ceremony of the main keel of "His Majesty King Fahd's Ship". (SPA)
Royal Saudi Naval Forces (RSNF) celebrates the laying ceremony of the main keel of "His Majesty King Fahd's Ship". (SPA)
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Saudi Naval Forces Lay Main Keel of ‘His Majesty King Fahd's Ship’ in US

Royal Saudi Naval Forces (RSNF) celebrates the laying ceremony of the main keel of "His Majesty King Fahd's Ship". (SPA)
Royal Saudi Naval Forces (RSNF) celebrates the laying ceremony of the main keel of "His Majesty King Fahd's Ship". (SPA)

Royal Saudi Naval Forces (RSNF) celebrated the laying ceremony of the main keel of the second ship of the Tuwaiq Project at Marinette, Wisconsin in the United States, reported the Saudi Press Agency on Friday.

The vessel was officially named "His Majesty King Fahd's Ship.

The ceremony was attended by the Commander of RSNF Lt. Gen. Fahd bin Abdullah Al-Ghufaili, the military attaché at the Saudi Embassy in Washington and Ottawa, senior officers of the Saudi and American naval forces, and several officials from Lockheed Martin and Fincantieri.

Speaking at the event, Al-Ghufaili praised the unlimited support provided by the Saudi leadership in developing the navy.

The Tuwaiq Project is one of the main projects in the development of the Royal Saudi Naval Forces. The project includes four multi-tasking combat ships that boast the latest advanced combat systems in all naval operations against air, surface, and subsurface targets.

The ships will help raise the level of combat readiness of the naval forces, bolster maritime security in the region and protect the strategic and vital interests of the Kingdom.

The project includes qualifying and training ship crews, providing training simulators, logistical services, and technical and logistical support. It will also help in the transfer and localization of many technical capabilities.

The move is in line with Crown Prince Mohammed bin Salman’s announcement to localize 50% of the total military spending by 2030 that will strengthen the capabilities of national companies and create job opportunities for Saudi citizens.



Albudaiwi Affirms Solidity of GCC Economy to Face Economic Challenges

Secretary General of the Gulf Cooperation Council (GCC) Jasem Albudaiwi
Secretary General of the Gulf Cooperation Council (GCC) Jasem Albudaiwi
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Albudaiwi Affirms Solidity of GCC Economy to Face Economic Challenges

Secretary General of the Gulf Cooperation Council (GCC) Jasem Albudaiwi
Secretary General of the Gulf Cooperation Council (GCC) Jasem Albudaiwi

Secretary General of the Gulf Cooperation Council (GCC) Jasem Mohamed Albudaiwi affirmed the solidity and strength of the GCC economy and its ability to face economic challenges, the Saudi Press Agency said on Saturday.
Albudaiwi’s statement came in his recorded speech at the roundtable meeting between the GCC and American companies, which was held under the patronage of the US Chamber of Commerce on Thursday, June 27, 2024, in the US capital, Washington.
The steps taken by the GCC countries to strengthen trade and investment ties with the US focused greatly on the mutual benefits of this economic partnership, said Albudaiwi.
He also stressed that the six GCC countries enjoy long-term and strong trade and investment relations with the US, and these relations are witnessing clear and significant progress, explaining that these partnerships play a pivotal role in enhancing economic growth, innovation and development across various sectors.
During his speech, he projected some statistics that confirm the progress of cooperation between the two sides, such as achieving bilateral trade between the GCC countries and the US in 2023 of around $180 billion.
GCC countries have also achieved great success in the energy sectors, ranking first globally in crude oil production and reserves and second in natural gas reserves, he noted.
Touching on future strategic GCC projects, such as the GCC railway project, he said it will enhance connectivity between Middle Eastern countries and provide great cooperation opportunities with American partners. He added that the Council countries are working at an accelerated pace to develop digital infrastructure and transition to a technology-based diversified economy.
Albudaiwi concluded by expressing the commitment of the GCC countries to enhancing stability and development in the region, pointing to the ongoing GCC's efforts to resolve regional conflicts and maintain peace and security to achieve more growth and prosperity. He underscored the determination of the GCC countries to deepen cooperation with the US, and ensure sustainable economic growth for future generations on both sides.