Electric passenger drones set for a year-end launch in Saudi Arabia, says Front End CEO RIYADH: Electric passenger drones are set to be launched in Saudi Arabia by the end of this year with Alkhobar-based firm Front End set to introduce the service to the Kingdom, revealed its CEO. Speaking to Arab News on the sidelines of the Future Aviation … Read more
RIYADH: Saudi Aramco’s domestic supply chain is poised for further improvement as it signed procurement agreements worth $6 billion with suppliers in the Kingdom. According to a press statement, these 40 procurement agreements were inked as a part of the company’s strategic localization program and are expected to strengthen the firm’s supply chain ecosystem and … Read more
WASHINGTON: A Houston-based company has landed America’s first spaceship on the Moon in more than 50 years, part of a new fleet of NASA-funded, uncrewed commercial robots intended to pave the way for astronaut missions later this decade. But while flight controllers confirmed they had received a faint signal, it was not immediately clear whether Odysseus, … Read more
WASHINGTON: The US on Wednesday imposed sanctions on three people and four firms — across Iran, the United Arab Emirates and Turkiye — for allegedly helping to export goods and technology purchased from US companies to Iran and the nation’s central bank. Treasury’s Office of Foreign Assets Control said the procurement network transferred US technology … Read more
Ukraine’s SBU security service said on Saturday it had uncovered a corruption scheme in the purchase of arms by the country’s military totalling the equivalent of about $40 million.