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Saudi Arabia
Leonardo connects with Saudi foreign minister Faisal bin Farhan's Shamal Group

Increasingly popular with foreign companies wanting to do business with Saudi Arabia, the local Shamal Group is currently being wooed by Italy's Leonardo, which is hoping the growing influence of the company's owner will boost its chances of securing a Eurofighter deal. [...]

Published on 29/04/2022 at 06:00 GMT Reading time 2 minutes

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International Dealmaking

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Abdulrahman Saleh Albanyan
Airbus Group
ARX Aerospace and Defense
Aviation Australia
Aviation Australia Riyadh College
BAE Systems
Beechcraft
Boeing
Faisal bin Farhan Al Saud
Finmeccanica
Leonardo
Mohammed bin Salman
Mosaed Al Ohali
Northrop Grumman
Public Investment Fund
Raytheon
Royal Guard
Royal Saudi Air Force
Sabic
Saudi Arabian Military Industries
Shamal Group
Shamal Investment
SVI
Turki bin Abdulaziz bin Farhan Al Saud
Yasser bin Abdullah Al Salman

Germany, Saudi Arabia, Turkey
Saudi go-between for Turkish and German defence firms on the rise in MbS's inner circle

The CEO of Intra Defense Technologies, Salman Al Shathry, has been appointed head of Saudi's first committee for private defence contractors. Nurtured by Mohammed bin Salman's closest advisers, his ascent continues at the heart of Riyadh's strategic plans.

Free access International Dealmaking 03.05.2024

Saudi Arabia
GCAP, F-35: France hesitates over Rafale sales pitch as ambitious Riyadh reassesses its fighter options

Will they, won't they? In the eyes of many, Berlin's decision to block the sale of Typhoon fighters to Saudi Arabia has opened up an opportunity for France to pitch Dassault's new generation Rafale. The Saudis are not opposed, but they have several other bids under consideration.

Subscribers only International Dealmaking 11.09.2023

Spotlight | France, Germany, Saudi Arabia, United Kingdom
Rafale's Dassault window of opportunity in Saudi Arabia reduced by defence contracts probe

Berlin's decision to ban sales of Eurofighter's new Typhoon combat aircraft has opened a window of opportunity for France's Rafale fighters in Riyadh. French hopes could be compromised, however, by the interest being taken by the Saudi authorities in French-Saudi defence business networks.

Subscribers only International Dealmaking 25.07.2023

Saudi Arabia
Saudi Arabia's sovereign PIF works on development of Riyadh International Airlines

Saudi Arabia's sovereign Public Investment Fund is trying to speed up the internal restructuring of the new Riyadh International Airlines with the help of some Saud dynasty princes.

Subscribers only International Dealmaking 22.02.2023

Saudi Arabia, United States
Zahid Group at heart of new US-Saudi defence channel

In responding to Mohammed bin Salman's call to use private businesses to ramp up Saudi Arabia's sovereign defence industry, the private industrial conglomerate Zahid Group is moving into the Crown Prince's ecosystem. It will become a provider to US defence in Saudi Arabia.

Subscribers only International Dealmaking 30.01.2023

Inauguration of Zahid Industries' dedicated defense production site, Jeddah Industrial Zone, Saudi Arabia, 16 January 2023.

Kuwait
After successive government resignations, Emir of Kuwait restructures security

With arms programmes set to increase, the Emir of Kuwait has appointed two relatives to the interior and defence ministries. Meanwhile, the number of recent resignations within the government means that parliament will scrutinise these new appointments closely.

Subscribers only Government Intelligence 22.03.2022

Emir of Kuwait, Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah.

Spotlight | Saudi Arabia
The ups and downs of Saudi spyplane operator GDC Middle East

All the Gulf nations are gradually entering the race for ISR aircraft. Saudi Arabia, which relies on an operator taken over by Mohammed bin Salman, is lagging behind its Emirati and Qatari competitors.

Subscribers only International Dealmaking 03.12.2021

Russia, Saudi Arabia
Yankovets hired to nurture Russian-Saudi defence cooperation

Russian foreign minister Sergey Lavrov's recent visit to Riyadh comes as Moscow retools its commercial apparatus in the Saudi Arabian capital.

Subscribers only International Dealmaking 16.03.2021

Saudi Arabia
New foreign minister Faisal bin Farhan knows defence industry

Saudi Arabia's new foreign minister has solid relationships in the West, particularly with the US defence industry.

Subscribers only International Dealmaking 30.10.2019

Spotlight | Arab world, Kuwait, Qatar, Saudi Arabia, United Kingdom
Britain tries to get back in with Gulf palaces and armies

Weakened by Brexit and Angela Merkel's tough stance on German exports to Saudi Arabia, British defence companies are feeling their way in the Gulf.

Subscribers only Government Intelligence 20.03.2019

Saudi Arabia
Shamal's role expands as Riyadh and Washington's go-between

Shamal Investment has been active since the 2000s but it is increasingly centre-stage these days, thanks to its owner Faisal bin Farhan's relationship with the Salman clan.

Subscribers only Government Intelligence 09.01.2019

Spotlight | Saudi Arabia
Mohammed bin Salman shakes up defence procurement

Mohammed bin Salman has used his recent tour of foreign capitals to establish Saudi Arabia's new way of doing business.

Subscribers only Government Intelligence 28.03.2018

Mohamed Bin Salman with Donald Trump, March 20 in Washington.

On our other sites

Riyadh and New Delhi go hunting for investors at Mining Indaba

Saudi Arabia and India made the most of the Investing in African Mining Indaba annual conference to showcase the investment opportunities on offer on their own home soil.

Subscribers only The Continent Africa Intelligence 19.05.2022

Minister of Industry and Mines Bandar Bin Ibrahim Al Khorayef at the 2022 Investing in African Mining Indaba in Cape Town.

Set up email notifications for these topics

Abdulrahman Saleh Albanyan
Airbus Group
ARX Aerospace and Defense
Aviation Australia
Aviation Australia Riyadh College
BAE Systems
Beechcraft
Boeing
Faisal bin Farhan Al Saud
Finmeccanica
Leonardo
Mohammed bin Salman
Mosaed Al Ohali
Northrop Grumman
Public Investment Fund
Raytheon
Royal Guard
Royal Saudi Air Force
Sabic
Saudi Arabian Military Industries
Shamal Group
Shamal Investment
SVI
Turki bin Abdulaziz bin Farhan Al Saud
Yasser bin Abdullah Al Salman

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