Saudi Arabia agreed with American defense companies to purchase precision guided munitions at a value of SAR 26.25 billion ($7 billion), Reuters reported, citing informed sources as saying. The US defense firms are Raytheon Co and Boeing Co, the agency added. The new contract is a part of a $110 ...
Iranian Foreign Ministry Spokesman reacted on Monday to Saudi-drafted statement of Arab League Foreign Ministers’ Summit of Sunday in Cairo of Egypt. The Iranian Foreign Ministry Spokesman Bahram Ghasemi issued a statement on Monday, responding to the latest Saudi-driven Arab League Foreign Ministers’ statement against the Islamic Republic of Iran. ...