The construction of a warship in Saudi Arabia by France and Saudi
Reporter: Mohammaddin Agharkhil
The Newval Group of France signed a contract with Saudi Arabia to build a warship (warships) on the territory of Saudi Arabia.
According to foreign media, the Newval French group signed an agreement with Saudi Arabia to build a warship in Saudi Arabia in Abu Dhabi on the sidelines of the IDEX Exhibition. According to the contract, a company is set up with the presence of two countries to build Saudi naval military equipment, and the executive is the Newall group.
51% of the company’s shares are expected to come from Saudi Arabia.