Saudi TAQNIA Space Signs Agreement with Bank Albilad for Satellite Financing

http://www.bankalbilad.com/Pages/News/AlbiladandTAQNIA-agreement.aspx

A joint cooperation agreement has been signed between Saudi Arabia’s TAQNIA Space Company and Bank Albilad which includes a long-term financing process to provide satellite Internet communications, voice communication, and satellite TV reception services.

TAQNIA Space aims to transfer and market satellite technology, support the sustainable development of GDP, diversify the economy, create high-quality jobs, and attract outstanding talent in related fields. The vision of the company is to be a leader in the Middle East in the field of satellite communications and remote sensing in cooperation with King Abdulaziz City for Science and Technology (KACST).

 

[Source: Space Watch Middle East]

img
Rare-earth elements between the United States of America and the People's Republic of China
The Eastern seas after Afghanistan: the UK and Australia come to the rescue of the United States in a clumsy way
The failure of the great games in Afghanistan from the 19th century to the present day
Russia, Turkey and United Arab Emirates. The intelligence services organize and investigate