The United Arab Emirates announced Monday it had signed deals worth more than $1.6 billion for the purchase of Patriot missile launchers from US arms giant Raytheon, state media said. The deals, inked on the second day of an international military exhibition in Abu Dhabi, come a day after...

Oil prices on Monday hit their highest levels since November last year, lifted by OPEC-led supply cuts, U.S. sanctions on Iran and Venezuela, and hopes that the Sino-U.S. trade dispute may soon end. International Brent crude futures were at $66.66 per barrel at 0746 GMT, up 41 cents, or 0.6...

Crown Prince Mohammed bin Salman on Sunday said Saudi Arabia has signed investment agreements worth $20 billion during his high-profile visit to Pakistan, where tensions were flaring up with nuclear-armed rival India. Kicking off his tour of South Asia and China with a far higher Pakistan...

Saudi Arabia signed a preliminary agreement on Sunday with France’s Naval Group to build warships in the kingdom, as part of its efforts to develop domestic manufacturing capabilities. Saudi Arabian Military Industries (SAMI), the kingdom’s state defense company, made the announcement at...