Egypt, South Korea sign two military cooperation agreements spanning over defense industries and logistical support

Egypt and South Korea have inked two Memorandums of Understanding (MoU) in military cooperation covering defense industries and logical support, Arab News reports. The first memorandum, the Saudi media notes, covers defense industries and logistical support, and the second covers Read more

Aramco invests about $113m in Norwegian industrial software group Cognite

Saudi Arabia’s Aramco and world’s largest oil exporter has acquired 7.5 per cent of Norwegian industrial software group Cognite in return for investment estimated at about $113 million. The Saudi energy giant takes full control of oil firm Aker BP’s Read more

Oman-based International Emerging Technologies Co. inks deal with US-based Virgin Orbit

Oman-based International Emerging Technologies Co. signed an agreement with the US-based Virgin Orbit to prepare satellite launch platforms in the Gulf country, Arab News reports. Per the agreement, the establishment of satellites in low Earth orbit will be studied to Read more

Saudi Arabia, Romania ink cooperation agreement in defense field

The Saudi and Romanian governments signed an agreement for cooperation in the defense field, the kingdom’s state-run news agency SPA announced Monday. Per the agreement, both countries will cooperate in training, exchanging expertise, technologies, developing communications systems, medical services, military Read more