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Arab Petroleum provided 93.2% of Japan’s imports in December

Arab Petroleum provided 93.2% of Japan’s imports in December

TOKYO: Japan remained heavily dependent on Arab crude oil to generate about 30 percent of its energy needs for its economy in December 2022, data showed. In numbers, Arab Petroleum provided 93.2% of the 91.87 million barrels of oil imported by Japan in that month, with 93.2% of that amount, or 85.62 million barrels, coming […]

US affirms support for Egypt as Blinken visits Cairo on Mideast tour

US affirms support for Egypt as Blinken visits Cairo on Mideast tour

CAIRO: The US has affirmed its support for Egypt’s economic, social and political development, according to a report issued by the Office of the Spokesperson for the Ministry of Foreign Affairs and published it on its website. This comes amid the visit of US Secretary of State Antony Blinken to Egypt as part of a […]

Israel Requests 25 F-15EX Fighter Jets From US

Israel Requests 25 F-15EX Fighter Jets From US

Israel has submitted a formal request to the US government for 25 F-15EX fighter aircraft, according to industry sources who spoke to Breaking Defense. An official letter of request was reportedly sent by the Israeli Ministry of Defense last week, marking the first step in the foreign military sale process. Jerusalem will now have to wait for […]

Egypt signs $1.5bn financing agreement with ITFC

Egypt signs $1.5bn financing agreement with ITFC

CAIRO: Egypt has signed a $1.5 billion financing agreement with the International Islamic Trade Finance Corp. to fund its trading, including imports of energy products and essential commodities, CNBC Arabia wrote on Twitter, citing the head of the corporation.  Last year Egypt signed a similar agreement also worth $1.5 billion with the ITFC, which is headquartered in […]

Saudi & UAE most targeted by cyber-attacks in GCC

Saudi & UAE most targeted by cyber-attacks in GCC

Organisations in Saudi Arabia and the UAE were hit by the most ransomware attacks among Gulf Cooperation Council (GCC) countries between mid-2021 and mid-2022, according to a report published today by cyber-security firm, Group-IB. The company’s annual round-up of major global cyber threats, the Hi-Tech Crime Trends 2022/2023 report found that ransomware operations remained the main cyber […]

Tunisia Receives First Military Training Aircraft From Textron

Tunisia Receives First Military Training Aircraft From Textron

The Tunisian Air Force has received its first of eight advanced military flight trainers, the Beechcraft T-6C Texan II, from American aircraft firm Textron Systems. The delivery came four months after the African nation secured the foreign military sales contract from the US. The July 2022 agreement granted Tunisia eight T-6C Texan II aircraft to […]

QinetiQ to Provide Engineering Support for US Army Optical Technologies

QinetiQ to Provide Engineering Support for US Army Optical Technologies

QinetiQ has received a $48 million contract to provide research, development, and engineering support for the US Army C5ISR Center’s optical solutions. Under the agreement, the company will focus on image processing and advanced optics capabilities in the center’s Research & Technology Integration Directorate and Image Processing Division. Work for the contract will be performed […]

Saudi Defense Ministry: RSAF fighter jet crashed during drill, pilots unharmed

Saudi Defense Ministry: RSAF fighter jet crashed during drill, pilots unharmed

RIYADH: A Royal Saudi Air Force F-15S fighter jet crashed at the King Abdulaziz Air Base training grounds due to a technical malfunction during a routine drill on Sunday night, the Saudi Press Agency reported early Monday, citing a ministry of defense statement. Brig. Gen. Turki Al-Maliki, spokesmen of the ministry, said that the crew, […]