Saudi Arabia

Qatar Postal Service (Qatar Post) has acquired a 40 percent stake in the Turkish e-commerce platform Turkish Souq.

The deal came after President Recep Erdoğan's visit to Qatar last month, part of his three-nation Gulf tour, which also included Saudi Arabia and the United Arab Emirates.

Investments from the Gulf countries as part of the agreements signed last month may begin this year, Treasury and Finance Minister Mehmet Şimşek has said.

Four Turkish companies have made it to the prestigious Defense News 100 list for 2023, all climbing up on the ladder from the previous year's rankings with three of them climbing from the previous year while one entering the list for the first time.

Turkish defense companies Baykar, Aselsan and Roketsan have signed agreements with Saudi Arabian firms.

Drone maker Baykar inked an agreement with state-owned Saudi Arabian Military Industries (SAMI) for the local production of unmanned aerial vehicles in Saudi Arabia.

The road to peace in Ukraine goes through the restoration of compliance with the UN Charter and international law. The parties participating in the consultations on the basic principles for achieving peace, held in Jeddah, Saudi Arabia, at the level of national security advisers and political advisers, were united around this conclusion, the Ministry of Foreign Affairs announced.

Saudi Arabia signed a strategic agreement with Turkish defense firm Baykar Tech to localize the manufacturing of drones in the kingdom, Saudi defence firm SAMI posted on messaging platform X, formerly known as Twitter, on Sunday. [Reuters]

Iwona Blazwick has been announced as the curator of the 18th Istanbul Biennial to be organized by the Istanbul Foundation of Culture and Arts (IKSV) from Sept. 14 to Nov. 17, 2024.

The war in Ukraine has left a serious mark on the Bulgarian military industry. In 2022, export contracts for over 8.5 billion leva were concluded, with the realized production amounting to nearly 3.5 billion leva. Exports were directed to countries from the European Union, given that traditionally before that, Bulgarian exports were to countries such as India, Algeria, Morocco, etc.

Brazilian President Luiz Inácio Lula da Silva has said that he supports more countries joining the BRICS group of large developing nations, which currently includes Brazil, Russia, India, China and South Africa.

The group will hold a summit in Johannesburg from Aug. 22 to 24. The meeting will have in hand a list of others desiring to join ther group.

BELGRADE - Serbian PM Ana Brnabic met with Saudi Arabia's Minister of Tourism Ahmed bin Aqil al-Khateeb on Tuesday to discuss topics of interest to both countries and noted that Serbia was ready to develop comprehensive cooperation with Saudi Arabia.