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“World Defense Show Expands with More Participating Nations: CEO Announces”

RIYADH: Saudi Arabia’s World Defense Show is set to get bigger in its second edition with a substantial increase in the number of participating countries, according to a top executive. The General Authority for Military Industries recently announced that the second edition of WDS will be held in Riyadh from Feb. 4-8, 2024. Speaking at the Paris Air Show, WDS CEO Andrew Pearcey revealed that Bahrain, Oman, Denmark and Turkiye had joined the event, adding to its growing popularity.

PIF’s Jada to Boost Saudi Arabia’s Startup Scene

CAIRO: Saudi Arabia’s startup landscape has received a significant push after a subsidiary of the Kingdom’s Public Investment Fund committed to investing in several venture capital vehicles. PIF’s Jada Fund of Funds Co. plans to invest an undisclosed amount in Bahrain-based Investcorp’s $500 million Saudi pre-initial public offering growth fund. The investment vehicle is exclusively focused on supporting a diverse range of companies based in Saudi Arabia during their pre-IPO stage.

NNPC and Golar sign MoU for floating gas plant in Nigeria

Africa's biggest oil producer holds some of the world's biggest gas reserves and is seeking investment in the sector.

UN: India to Surpass China in Population by 2023

UNFPA data estimates India’s population at 1.4286 billion against 1.4257 billion for China by the middle of the year.

Nigerian Aviation Workers Strike, Block Roads Over Pay

Chanting Nigerian aviation workers block roads to the domestic terminal to protest working conditions and wages.

Dozens killed by armed groups in Nigeria’s Benue state

At least 74 people killed in two separate attacks by armed groups this week, officials say.

Chad to expel German ambassador for ‘rude behavior’

Gov't orders Gordon Kricke to leave country within 48 hours for 'non-respect of diplomatic customs', ministry says.

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