The Obama administration on Thursday announced an arms deal with Saudi Arabia valued at nearly $30 billion, an agreement that will send 84 F-15 fighter jets and assorted weaponry to the kingdom. The administration notified Congress last year of its intent to sell advanced weaponry to Saudi Arabia, a key U.S.
Similar Stories to U.s., Saudi Arabia Strike $30 Billion Arms Deal on Bing News
Jason Ukman, Washington Post
Thu, 12/29/2011 - 10:29am
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BING NEWS:
- Saudi Arabia is reportedly trying to plug a $21 billion deficit by selling bonds
Saudi Arabia is raising debt to plug holes in its finances, Bloomberg reported. Riyadh has pressed ahead with big spending projects as part of an economic diversification drive. It now needs to cover ...
05/28/2024 - 3:24 am | View Link - Saudi Arabia to Raise $10 Billion to $20 Billion in Fresh Aramco Stock Sale
The long-awaited offering, if it proceeds, would alleviate near-term pressure on the kingdom to raise funds.
05/28/2024 - 1:44 am | View Link - US Poised To Lift Restrictions On Offensive Weapon Sales To Saudi Arabia
In a significant geopolitical shift, the United States is reportedly preparing to lift a longstanding ban on the sale of offensive weapons to Saudi Arabia. According to a Financial Times report, this ...
05/27/2024 - 7:43 am | View Link - Aramco share sale planned for summer could net Saudi Arabia a welcome $10 billion amid its Neom project struggles
It comes amid Saudi Crown Prince Mohammed bin Salman's Vision 2030 plan to diversify the kingdom's economy.
05/27/2024 - 12:47 am | View Link - Saudi Arabia Slashes U.S. Stock Holdings by $15 Billion
Saudi Arabia hit the sell button on U.S. stocks last quarter. The country’s sovereign wealth fund reported in securities filings a 41% drop in the size of its U.S. stock portfolio in the first quarter ...
05/24/2024 - 3:30 am | View Link - More
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