25.6 C
Frankfurt am Main

Saudi Arabia signs deal with Turkey’s Baykar for local drone production

Must read

Saudi Arabia signed a strategic agreement with Turkish defense firm Baykar Tech for the manufacture of drones in the kingdom, Reuters reported, citing state-owned Saudi Arabian Military Industries (SAMI) on Sunday.

The agreement “will enhance SAMI’s role in supporting the national defense industry and strengthening our local capabilities,” SAMI announced on messaging platform X, formerly known as Twitter, on Sunday.

In July Saudi Arabia agreed to buy Turkish drones from Baykar in the biggest defense contract in Turkey’s history.

Investments and funding from the Gulf have helped relieve pressure on Turkey’s economy and its currency reserves since 2021, when Ankara launched a diplomatic effort to repair ties with Saudi Arabia and the United Arab Emirates.

Turkey had been at odds for years with the two Gulf states over Ankara’s support of pro-democracy movements in the Middle East and North Africa and the murder of Saudi journalist Jamal Khashoggi in the Saudi consulate in Istanbul in 2018.

Liked it? Take a second to support Turkish Minute on Patreon!
Become a patron at Patreon!
More News
Latest News