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Asharq Al-Awsat
Asharq Al-Awsat
Business
Riyadh - Bandar Al-Mosalam

Saudi Arabia Signs Agreement to Develop Aviation-Grade Titanium Alloy Value Chains

Saudi Arabia Boeing Ministry of Investment Asharq AlAwsat Kingdom
The Saudi Ministry of Investment signed on Monday an investment cooperation agreement with Tasnee and Boeing to explore the potential investment. (Asharq Al-Awsat)

The Saudi Ministry of Investment signed on Monday an investment cooperation agreement with Saudi Arabia’s Tasnee and Boeing to explore the potential investment and development collaboration opportunities to advance the aviation-grade titanium alloy value chain in the Kingdom for mid and downstream applications.

Tasnee CEO and board member Mutlaq al-Morished stressed that the agreement aims to explore potential cooperation investment and development opportunities between the two companies to enhance the titanium value chain to serve intermediate industries.

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