Search Site

Roche to buy Poseida Therapeutics

The $1.5 billion deal is due to close in early 2025.

BP announces $7bn gas project

The project aims to unlock 3 trillion cu ft of gas resources in Indonesia.

Lulu Retail Q3 profit $35m

For the nine-month period, net profit increased by 73.3%.

Talabat IPO offer price range announced

The subscription will close on 27 Nov for UAE retail investors.

Salik 9M net profit $223m

The company's third-quarter profit increased by 8.8 percent.

Saudi Arabia’s air defense commander examines Russia’s S-350, S-400 systems

Russian President Vladimir Putin suggested that Saudi Arabia purchase S-300 Favorit or S-400 Triumf surface-to-air missile systems. (WAM)
  • The Royal Saudi Air Defense Force Commander saw various radars from the Almaz-Antey air defense concern.
  • The commander visited the stands of Russian defense industry companies and paid special attention to the air defense systems.

RIYADH, SAUDI ARABIA – The Commander of the Royal Saudi Air Defense Force Lieutenant-General Mazyad bin Suleiman Al-Amr has inspected Russia’s S-350 and S-400 air defense systems at the World Defense Show, a TASS correspondent reports.

The commander visited the stands of Russian companies, paying special attention to the S-350 and S-400 air defense systems, as well as a line of various radars from the Almaz-Antey air defense concern.

As the Arab military operation against Ansar Allah began in 2015, the latter began to bombard Saudi Arabia and coalition countries with ballistic and cruise missiles and drones.

On September 14, 2019, the Houthis attacked two facilities of Saudi Aramco Oil Corporation inside Saudi Arabia with 18 drones and seven cruise missiles.

The bombardment targeted the world’s largest oil processing facility in Abqaiq in eastern Saudi Arabia and a refinery in the Khurais oil field.

This led to a twofold drop in the kingdom’s oil production from 10 million to 4.3 million barrels per day and a short-lived 17 percent jump in oil prices on the world market.

On September 16 of the same year, while in Ankara, Russian President Vladimir Putin again suggested that Saudi Arabia purchase S-300 Favorit or S-400 Triumf surface-to-air missile systems to protect its territory from air attacks.