GulfBase Live Support
11/10/2017 15:23 AST
Saudi International Petrochemical Company (Sipchem) announced on Monday that it finished the manufacturing of 18 platforms for Hawk jets, alongside its ground equipment.
The manufacturing was carried out by the Riyadh-based Sipchem subsidiary, the Saudi Specialized Products Company (WAHAJ).
Sipchem stated that the Hawk platforms project is the first cooperation with the Saudi BAE Systems, adding that all the platforms were shipped from Riyadh to the United Kingdom to complete their usage measures.
The Hawk platforms were completely manufactured by Saudi hands at WAHAJ's headquarters in Riyadh's Second Industrial City.
The company pointed out that the platforms' manufacturing went through many stages that relied on the latest German technology used in the three-dimensional designs, before the verification of the products' efficiency and compatibility with specifications and quality standards.
Abdulrahman Al Saif, chairman of WAHAJ, said: "Such a step emphasizes the company's determination to contribute to the enhancement of the local production of military industries in the Kingdom as part of its ambitious Vision 2030."
Sipchem owns 75 percent of WAHAJ, which was established in 2013 as part of supporting manufacturing projects in the Kingdom through the Riyadh Metal Parts Factory and the thin-film solar panel factory in Hail.
After the completion of commercial operation of WAHAJ in Riyadh in 2016, the company began focusing a significant part of its operations on the military and defense-supporting industries.
Click here for more
Asharq Al-Awsat
08/02/2018
SAUDI International Petrochemical Company (Sipchem) announced that its Technology and Innovation Center (MANAR) has signed a technical services agreement with Everspring Middle East WLL. for the prov
Saudi Gazette
31/01/2018
Saudi International Petrochemical Co. is considering investing in the US shale industry in what would be the company's first foreign venture as it faces higher costs and a shortage of feedstock at ho
Gulf News
19/07/2017
Saudi International Petrochemical Company (Sipchem) announces the signing of a long-term Agreement with Saudi Aramco Shell Refinery Company (SASREF) on July 18, 2017 for supplying its affiliate Inter
Tadawul
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| MAADEN | 66.20 | -1.80 (-2.65 |
| SABIC | 61.20 | 2.80 (4.79 |
| SABICAGRINUTRIENTS | 142.30 | 6.50 (4.78 |
| YANSAB | 38.00 | 2.70 (7.64 |
| LUBEREF | 113.10 | 0.20 (0.17 |
29/04/2026
Aamal Company has reported net profit of QR90.7mn in the first quarter (Q1) of 2026, translating into earnings-per-share of QR0.014.
The company's total revenues amounted to QR464.8mn in Q1-
Gulf Times
29/04/2026
Al Mahhar Holding Company, one of the leading services and specialised products providers to the energy and infrastructure sectors in Qatar, has reported net profit of QR15.1mn in the first quarter (
Gulf Times
29/04/2026
Barwa Real Estate has reported net profit of QR239.7mn attributable to the shareholders of the parent in the first three months of this year compared to QR239.5mn the same period of the previous year
Gulf Times
29/04/2026
On the occasion of Arab Financial Inclusion Day, Gulf Bank has issued a special report outlining its leading role in supporting the State's efforts to promote financial inclusion and enable all segme
Kuwait Times
29/04/2026
Kuwait Telecommunications Company (stc) a world-class digital leader providing innovative services and platforms to customers and enabling the digital transformation in Kuwait, announced its financia
Kuwait Times