Defence agents spoil for fight
Defence companies present in Saudi Arabia are getting worried about the activism of a former agent who has been trying to defend his turf. [...]
Safran is France’s biggest manufacturer of engines for planes, helicopters and rockets. It was created in 2005 from the merger of SNECMA and Sagem. IT employs nearly 70,000 people and is one of the principal suppliers to Dassault and Airbus.
With the next meeting of the Franco-Saudi Business Council due to take place on June 24, Saudi Arabian Prince Alwaleed bin Talal bin Abdulaziz al-Saud, the billionaire businessman who heads the vast conglomerate Kingdom Holding, is looking to take a [. [...]