Saudi Arabia eyes defence partnership with UAE msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
UAE minister lays out pressing need and challenges of integrating AI into defence thenationalnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenationalnews.com Daily Mail and Mail on Sunday newspapers.
Saudi Arabia eyes defence partnership with UAE File photo/idexuae Saudi Arabia is starting a new military industry and aims to spend 50 per cent of the military budget locally by 2030. Saudi Arabia plans to invest $20 billion in the military industry over the next decade and is looking at collaborations with the UAE and other allies, a top official from the Kingdom said in Abu Dhabi. The government has put a plan that we will be investing in excess of $10 billion in the military industry in Saudi Arabia over the next decade and equal amounts on research and development. I think it requires a lot of collaborations in terms of research and development. We have issued 114 licences for 70 companies in Saudi Arabia, about a 20 per cent of them are foreign joint ventures or full ownership by the foreign companies, said Ahmad bin Abdulaziz Al Ohali, Governor of the General Authority for Military Industries - Saudi Arabia, during the International Defence Conference on Saturday.