Ayat Nur

Business Hydrogen is an important source of clean energy to reduce greenhouse gas emissions and mitigate the effects of climate change. (Reuters)

ACWA Power: Necessary Studies Underway for Green Hydrogen Project in Egypt

Vice Chairman and Managing Director of ACWA Power Saudi Arabia Raad Al-Saady revealed that necessary studies to develop the green hydrogen project in Egypt…

Ayat Nur (Riyadh)
Business The second edition of the World Defense Show is currently held in Riyadh. (Photo: Asharq Al-Awsat)

SAMI Develops Industrial Complex for Defense Ground Systems

The Saudi Military Industries Company (SAMI), a wholly-owned Public Investment Fund company, is scheduled to complete construction of an industrial complex for…

Ayat Nur (Riyadh)
Business At the exhibition in Riyadh, KAI is showcasing advanced air combat systems like the FA-50 and KF-21 fighter jets, along with the Advanced Airborne Vehicle (AAV).

Major Contracts, Deals on Day Two of Saudi World Defense Show

The second day of the World Defense Show, founded by Saudi Arabia’s General Authority for Military Industries (GAMI), saw a flurry of deals and contracts…

Bandar al-Mosalam (Riyadh) Ayat Nur (Riyadh)
Business Saudi Minister of Industry and Mineral Resources Bandar AlKhorayef during his tour of the World Defense Show. (X)

AlKhorayef to Asharq Al-Awsat: Incentives Offered to Empower Military Industries Investors

Saudi Minister of Industry and Mineral Resources Bandar AlKhorayef shared with Asharq Al-Awsat that there are direct incentives for investors in the country’s…

Ayat Nur (Riyadh)
Business An image from the inaugural World Defense Show north of Riyadh. (Supplied)

Saudi Military Industry Flourishes: Localization Surge to 13.6%

The Saudi government is starting to see positive results from its efforts to boost the military, defense, and security industries. The localization rate of the…

Bandar al-Mosalam (Riyadh) Ayat Nur (Riyadh)