Sign inSubscribe

Search Site

VideosInforgraphics
Sign inSubscribe
Trends banner

Business

Oracle shares up 35%

Huge AI contracts lead to the surge.

ADCB to raise $1.66bn

The rights issue aimed at boosting growth.

EGA H1 revenue $4.11bn

Net profit before GAC $445 million.

Borouge to pay $660m H1 dividend

Its net profit for H1 was $474 million.

TAQA secures $2.31bn loan

It will be utilized in a phased manner.

Saudi Crown Prince inaugurates World Defense Show in Riyadh

Armoured vehicles by the UAE-based company Calidus are displayed during Saudi Arabia's first World Defense Show in Riyadh. AFP
By TRENDS Desk
March 7, 2022 4:07 pm
  • Over 590 global companies representing 42 countries are participating in the event
  • A number of national government agencies in the defense, military and security sectors are also among those taking part

Saudi Arabia’s Crown Prince Mohammed bin Salman has inaugurated the four-day-long World Defense Show in Riyadh, organized by the General Authority for Military Industries.

Over 590 global companies representing 42 countries are participating in the event. A number of national government agencies in the defense, military and security sectors are also among those taking part.

The crown prince was briefed on the virtual command and control center, which was equipped with the latest systems and technologies that simulate the future of command and control centers produced by major international defense companies.

He was accompanied by ministers and senior military officials as he visited the various booths.

[adinserter block="5"]

Most Read

UAE’s working mothers get extended maternity leave

The Gulf country is setting a new benchmark for supporting working mothers by doubling the mandated maternity leave to 120 days, Kathryn Martin VFS Global tell TRENDS.

Getting vaccinated is ‘the most patriotic thing’ to do

The Fourth of July is a sacred day in our country. A day of history, of hope, remembrance and resolve with promise and possibilities. Before me stands monuments of the…

Saudi Arabia to generate $150 billion in investments from its new transport policy

The government would provide thirty-five percent of the investments The rest of it, sixty-five percent, will come from the private sector Saudi Arabia expects to generate $150 billion from investments…

GCC healthcare: Transforming the region and impacting the world

PwC forecasts that AI could contribute US$320 billion to Middle Eastern economies by 2030, with healthcare predicted to see some of the largest gains relative to its current size

New-Age Growth Comes Home to the GCC

The region, fueled by ambition and massive investment, is rapidly advancing in technology and infrastructure, aiming to secure a leading role in the 4IR.

[adinserter block="4"]