During a regional tour to Riyadh, US President Donald Trump and Saudi Crown Prince Mohammed bin Salman signed a wide-ranging economic partnership agreement aimed at deepening bilateral ties.
The White House confirmed that defence agreements valued at $142 billion were concluded as part of the visit. In addition to military deals, Saudi Arabia will acquire $14.2 billion worth of gas turbines and place a $4.8 billion order for Boeing aircraft.
The agreement also includes the creation of a $5 billion energy investment fund and a separate $5 billion fund targeting innovation in aerospace and defence technologies.
In a move signalling broader ambitions, both countries will also launch a $4 billion global sports fund, further diversifying their economic cooperation beyond traditional sectors.
Kaspersky research findings show that 42% of children surveyed from the Middle East, Turkiye and…
A groundbreaking study conducted by the Lahore University of Management Sciences (LUMS) has revealed that…
Jazz has been developing a Large Language Model (LLM) in collaboration with NUST and the…
Pakistan Dairy Association (PDA) and Pir Mehr Ali Shah Arid Agriculture University, Rawalpindi have signed…
Zarai Taraqiati Bank Limited (ZTBL) and the Pakistan Dairy Association (PDA) have signed a memorandum…
U.S. President Donald Trump said up to five fighter jets were brought down during the…
This website uses cookies.