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Saudi Arabia's SNC ICT gears up for intelligence IT offset contracts

With Riyadh progressively returning to the US fold, Western defence companies are hoping to sign new contracts with Saudi Arabia's defence and security entities. Such deals go through local partners such as SNC ICT, a rising star in Crown Prince Mohammed bin Salman's defence apparatus. [...]
Published on 29.07.2022 at 06:00 GMT Reading time 2 minutes

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International Dealmaking

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Spotlight | Saudi Arabia
SAMI, AEC, Alsalam: Newton at heart of best-kept secrets of state arms group's defence contracts

US lawyers for the semi-public defence conglomerate Saudi Arabian Military Industries are trying to untangle the way in which major contracts with Western groups have been concluded for decades. At the heart of this have long been the deals made by the discreet Newton Trading Co, operated by commercial agent Abdallah Al Shugeir.

LogoSubscriber International Dealmaking 28.06.2022

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