Turkish defense industry firm Ramsa Defence will be a partner in a $120 million technology investment in Saudi Arabia, according to information Anadolu obtained on Friday.
In the latest addition to Turkish companies’ business relations in the Gulf, Ramsa Defence provided details on its investment plans in Saudi Arabia at the World Defense Show exhibition, held in the Saudi capital Riyadh.
The Turali Group subsidiary, based in the Turkish capital Ankara, inked an agreement with the Saudi Arms Company for Military Industries (ACMI) to complete the technology transfer of about 20 products in…
