Search Site

Trends banner

Tesla Q1 sales sink 13 percent

The dip occurred amid lower production during factory upgrades.

AD Ports Group 2024 revenue $4.70bn

The Group's EBITDA increased by 69 percent YOY.

Tesla sales tumble in Europe in Q1

The company suffered from boycotts against the policies of Elon Musk.

Ford’s US Q1 auto sales dip

But its Q1 figures exceed a forecast by Edmunds

Vanke reports annual loss of $6.8 bn

The property giant attributes loss to falling sales and shrinking profit.

61 contracts worth $7billion signed at World Defense Show in Riyadh

The event was in line with the goals of Saudi Vision 2030, aiming to localize 50% of military services and equipment expenditures. Pic: Saudi Gazette
  • The event, featuring 773 exhibitors and hosting 441 official delegations from 116 countries, attracted 106,000 visitors
  • Throughout the show, a total of 73 agreements were finalized, including 17 industrial partnership agreements

Riyadh, Saudi Arabia  – About 61 purchase contracts totaling approximately SR26 billion  ($6.93 billion) were signed at the second World Defense Show (WDS) which concluded here on Thursday.  

The event, featuring 773 exhibitors and hosting 441 official delegations from 116 countries, attracted 106,000 visitors. Throughout the show, a total of 73 agreements were finalized, including 17 industrial partnership agreements, Saudi Gazette reported.

Eng. Ahmed Al-Ohali, Governor of the General Authority for Military Industries (GAMI), expressed gratitude to Custodian of the Two Holy Mosques King Salman for his patronage and acknowledged the support of Crown Prince Mohammed bin Salman.

The event was in line with the goals of Saudi Vision 2030, aiming to localize 50% of military services and equipment expenditures.

Al-Ohali also extended thanks to all participating government entities, local and international companies, and invited attendees to the 2026 WDS in Riyadh, emphasizing its ongoing mission to enhance cooperation and innovation and explore business opportunities in the defense and security sectors.