President Donald Trump closed over $200 billion in commercial deals during the United Arab Emirates stop of his Middle East tour. The latest round of investment agreements brings the total commitments to over $2 trillion, including a $1.2 trillion deal he sealed in Qatar and a $600 billion package signed in Saudi Arabia. Among the...
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Category: Investment Security
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UK Taps Jacobs for Energy Security, Net Zero Effort Advisory Services
The United Kingdom has selected Jacobs to deliver multidisciplinary consultancy and advisory services in support of an initiative that aims to secure the country’s energy security and net zero objectives. Under the Energy and Net Zero Professional Services Framework, Jacobs will work on four key areas: strategic and technical support for nuclear energy projects, development...
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Patria Partners With ACC Innovation to Militarize Commercial Drones
Finland’s Patria Group has signed a cooperation agreement with Sweden’s ACC Innovation to produce military versions of a wide range of unmanned aerial systems for a NATO member state. The partnership’s initial phase will focus on transforming ACC Innovation’s Thunder Wasp GT quadcopter drone for defense applications. The Thunder Wasp GT UAS is designed for...
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US Trillion-Dollar Worth of Deals in Qatar Seen to Boost American Manufacturing
President Donald Trump announced Wednesday several deals made during his visit to Qatar, including at least $1.2 trillion in economic exchange and an economic deal amounting to over $243.5 billion. The deals align with the Trump administration’s goal of ushering in a new Golden Age of American manufacturing. According to the White House, one key...
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Bechtel Joins Saudi International Airport Expansion Project
Global engineering and construction company Bechtel will build three new terminals for Saudi Arabia’s King Salman International Airport under a newly signed agreement with the facility’s developer. Bechtel said Tuesday that the partnership agreement with King Salman International Airport Development Co. calls for integrating or replacing existing KSIA facilities. Its work will involve designing and...
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Saudi Arabia Taps Parsons to Lead New Riyadh Airport Construction
Parsons has secured two delivery partner contracts from the King Salman International Airport Development Company. The deal was announced Tuesday on the sidelines of the Saudi-U.S. Investment Forum in Riyadh. The first order involves the delivery of airfield assets, including air traffic control towers, aircraft parking areas, runways and taxiways. The second award covers bridges,...
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US Gains $600B Investment Commitment Through Agreements in Saudi Arabia
President Donald Trump announced a commitment of $600 billion from various companies aimed at enhancing the United States’ energy security, technology leadership and access to critical minerals. The deal was disclosed during the president’s visit to Saudi Arabia as part of his Middle East tour. Saudi Arabia is among the U.S.’s major trading partners in...
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NZ Space, Advanced Aviation Industries Boost National Economy
New Zealand’s economy was injected with over $1.47 billion from the space and advanced aviation industries in fiscal year 2023-2024, according to a Deloitte/Space report. Released Friday by Space Minister Judith Collins, the “TrailBlazer Innovation for Growth, Charting the Space and Advanced Aviation Sectors” report disclosed a total of $285.4 million that came from the...
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US Treasury to Launch Fast Track Pilot Program to Attract Investment From Allies
The U.S. Department of the Treasury has announced a fast-track pilot program to increase foreign investment from allied and partner nations. The program aims to boost the U.S. economy while maintaining strict national security safeguards. According to the department, the initiative includes creating a Known Investor portal where the Treasury-led Committee on Foreign Investment in...
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Accenture Acquires Yumemi to Boost Digital Market Share
Accenture has acquired Japanese firm Yumemi in a continued bid to expand the market footprint of Accenture Song, its design and digital products unit. The terms of the acquisition, still subject to customary closing conditions, were not disclosed. In a statement on the Japanese acquisition Thursday, Accenture noted recent forecasts from Research and Markets of...