Al Jazeera
March 12, 2022

Saudi Arabia executes 81 people in a single day

Saudi Arabia has executed 81 men over the past 24 hours, including seven Yemenis and one Syrian national, on charges including “allegiance to foreign terrorist organisations” and holding “deviant beliefs”, state news agency Saudi Press Agency said, in the largest known mass execution carried out in the kingdom in its modern history.

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“Crimes committed by these individuals also include pledging allegiance to…the Houthis,” it added.

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Reuters
March 8, 2022

Lockheed Martin to invest $1 billion in manufacturing in Saudi Arabia

Lockheed Martin (LMT.N) will invest more than $1 billion in manufacturing in Saudi Arabia, a senior executive said on Tuesday, as the kingdom looks to use its clout as a major arms buyer to help diversify its economy away from oil.

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With more than $45 billion budgeted for military spending in 2022, Saudi Arabia has made developing a domestic industry central to a multibillion-dollar transformation plan initiated by its de facto ruler Crown Prince Mohammed bin Salman, known as Vision 2030.

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U.S. group Raytheon Technologies Corp (RTX.N) was quoted as saying on Monday it planned to move production of some parts of its Patriot missiles to Saudi Arabia.