saudi vision 2030

Saudis Buy $3.2 Billion Missile Defense System from South Korea, Shop for Chinese Weapons

The South Korean Ministry of National Defense on Tuesday announced Saudi Arabia has agreed to purchase a $3.2 billion surface-to-air missile defense system, while China gushed that its weapons “attracted great interest” from the Saudis at a defense show in Riyadh over the weekend. The Saudis are also making strides with indigenously produced military systems, perhaps marking the definitive end of the Kingdom’s dependence upon the United States for defense products.

John Hayward
South Korea's Cheongung medium range surface-to-air missile system seen on display du

Saudis Planning $10B Investment in Texas

Saudi oil executives inked multi-billion dollar deals with companies to explore building petrochemical facilities along the Texas Gulf Coast. Essentially, they hope to capitalize on the U.S. oil and gas boom, largely fueled by shale drilling in the Permian Basin.

Merrill Hope
The Associated Press

Saudi Crown Prince Meets with U.S. Entertainment and Tech Executives

Saudi Arabia’s Crown Prince Mohammed bin Salman arrived in New York City on Monday for the beginning of a U.S. tour that will take him through Seattle and Silicon Valley to Hollywood, as he meets with media and tech leaders to talk up Saudi investments and follow up on at least one recent massive purchase: his acquisition of a $400 million stake in Hollywood talent agency WME/Endeavor.

John Hayward
If Iran gets nuclear bomb, Saudi Arabia will follow: crown prince