Nokia has appointed security and aeronautics specialist Markus Holz as vice president of operations in Europe, the Middle East and Africa. in a LinkedIn post Tuesday, Holz said he will serve as the company’s head of space and defense business in the region. The role includes overseeing the integration of Nokia’s 5G next-generation connectivity with...
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Category: Middle East
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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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Rafael Sees Asia Pacific, Europe as Growth Markets
Ran Tavor, vice president and head of naval warfare systems at Rafael Advanced Defense Systems, said global interest is rising in the company’s multi-layered naval defense platforms, such as the Iron Dome and Iron Beam. The executive said the platforms are increasingly drawing the attention of navies from Asia Pacific and Europe. With those regions’...
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Iran Unveils Upgraded Ballistic Missile Amid Rising Tensions With Israel
Iran has released a new extended-range ballistic missile called “Qassem Baseer,” according to its semi-official news agency Tasnim. Revealed on Sunday, the solid-fueled missile is reportedly capable of reaching up to 1,200 kilometers and equipped with an upgraded warhead that can penetrate air defenses and an advanced navigation system designed to counter electronic warfare. The...
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Exiger Joins UAE Initiative to Advance Supply Chain Solutions
Exiger has joined the United Arab Emirates’ NextGen Foreign Direct Investment initiative and is setting up a regional headquarters in Abu Dhabi. The NextGen FDI initiative is part of the UAE’s broader strategy to attract companies in sectors such as artificial intelligence, smart mobility, digital infrastructure and manufacturing. Exiger joins over 100 companies participating in...
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Rivada Space Networks Names New Sales Director for Middle East Operations
Rivada Space Networks has appointed Mustafa Afifi as sales director for the Middle East, strengthening its regional team to meet rising demand for secure satellite connectivity. Afifi will work with telcos, satellite operators, and resellers to help them gain access to the Munich-based company’s Outernet network. Joe Apa, Rivada’s vice president of sales for Europe,...
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Treasury Sanctions Network Supplying Missile Propellant Components to Iran
The U.S. Department of the Treasury Office of Foreign Assets Control has designated six individuals and six entities for procuring ballistic missile propellant ingredients for Iran’s Islamic Revolutionary Guard Corps. OFAC said the network facilitated the delivery of sodium perchlorate and dioctyl sebacate from China to Iran. Sodium perchlorate is used to produce ammonium perchlorate,...
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US Approves Kuwait’s $425M Patriot Missile Software Upgrade Deal
The U.S. Department of State has cleared a potential $425 million foreign military sale to Kuwait of Patriot Post-Deployment Build 8.1 and related equipment and services. RTX will be the principal contractor for the planned deal. The proposed acquisition covers delivery, installation and upgrade services for Patriot Post-Deployment Build 8.1 and several non-major defense equipment...