SAUDI ARABIA

Saudi Arabia to Set up Aerospace Support Center 

Saudi Arabia is to set up an aerospace maintenance repair and support center under a SR600mn ($164.4mn) agreement signed on 9 December by a group comprising the Saudi Airways Corporation, the National Industrialization Company (NIC) and the GCC-owned Gulf Investment Corporation and by the US firms General Electric and Pratt and Whitney. The agreement, which comes under the "offset program", is part of the projects...