SAUDI ARABIA

Saudi Arabia to Discuss Ammunition Plant Deal with Germany 

The West German government has given its approval to preliminary negotiations between Saudi Arabia and two German companies - Thyssen Rheinstahl Technik and Rheinmetall - on the sale to Saudi Arabia of a plant worth between $2.3bn and $3.4bn to manufacture artillery and tank shells. According to a government spokesman the prospects of the project wining export licence approval if the negotiations are successful...