{"id":82258,"date":"2023-11-21T00:00:00","date_gmt":"2023-11-21T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2023\/11\/21\/global-arms-manufacturers-are-starting-to-look-at-us-through-a-new-lens-plus-saudi-irish-business-forum-meets\/"},"modified":"2023-11-21T00:00:00","modified_gmt":"2023-11-21T00:00:00","slug":"global-arms-manufacturers-are-starting-to-look-at-us-through-a-new-lens-plus-saudi-irish-business-forum-meets","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2023\/11\/21\/global-arms-manufacturers-are-starting-to-look-at-us-through-a-new-lens-plus-saudi-irish-business-forum-meets\/","title":{"rendered":"Global arms manufacturers are starting to look at us through a new lens. PLUS: Saudi-Irish business forum meets"},"content":{"rendered":"

Geopolitical calculations set off by Israel\u2019s war in Gaza are prompting global arms <\/strong>manufacturers to look at the Saudi market in new light even<\/strong> as we position ourselves as an emerging hub for defense systems production<\/a>. The Kingdom remains, by most counts, the world\u2019s second-largest arms importer. <\/p>\n

First up: Germany may be having a change of heart and is now considering selling us <\/strong>fighter jets. <\/strong>Germany\u2019s coalition government could consider going ahead with a multi-bn EUR sale of Eurofighter Typhoon jets, the Financial Times<\/a> reports. It\u2019s not a certainty yet, but changing views of regional security issues are prompting Berlin to reconsider the sale, on which it put brakes back in 2018.<\/p>\n

Meanwhile, we\u2019re <\/strong>shopping for missiles \u2014 and South Korea is pumped<\/strong>, Bloomberg<\/a> reports, suggesting Saudi may be just what Korea was hoping for as it looks to build its arms export industry. The Cheongung II KM surface-to-air system system, designed by a group of South Korean affiliates of Hanwha Aerospace<\/a>, could cost more than USD 3.5 bn, a bit more than the UAE paid for a similar system. <\/p>\n

The <\/strong>Saudi Chambers of Commerce and Industry hosted the kickoff yesterday of the <\/strong>Saudi-Irish Business Forum<\/strong>in Riyadh, Asharq Al Awsat reported<\/a>, saying that human resources and aviation were high on the list of topics at a meeting attended by representatives of more than 80 Saudi and Irish businesses. Irelands\u2019s minister of state for business, employment, and retail, Neil Richmond, attended. <\/p>\n

What Ireland wants: <\/strong>Richmond told attendees that Irish companies are openly interested in investing in KSA \u2014 and called on Saudi companies to look at Ireland as a prospective partner.<\/p>\n","protected":false},"excerpt":{"rendered":"

Foreign producers want to sell to us just as KSA positions itself as a hub for regional defense systems manufacturing<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2568],"tags":[393,587,10,392,394],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-82258","post","type-post","status-publish","format-standard","hentry","category-diplomacy","tag-defense-systems","tag-diplomacy","tag-enterpriseam-ksa","tag-manufacturing","tag-saudi-irish-relations","wpautop","entry"],"acf":{"mongo_id":"5eb77d89-b5bc-4088-abc1-0d387257ac15","is_powered_by":false,"story_type":"1","photo_url":"","photo_position":"above","homepage_title":"","full_issue_title":"Global arms manufacturers are starting to look at us through a new lens","related_issue":[82242],"teaser":"Foreign producers want to sell to us just as KSA positions itself as a hub for regional defense systems manufacturing","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/1\/.0bb1fbd3-c697-4e0d-a353-583e67c99074.mp3"},"yoast_head":"\nGlobal arms manufacturers are starting to look at us through a new lens. PLUS: Saudi-Irish business forum meets - KSA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/ksa\/2023\/11\/21\/global-arms-manufacturers-are-starting-to-look-at-us-through-a-new-lens-plus-saudi-irish-business-forum-meets\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Global arms manufacturers are starting to look at us through a new lens. 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